Paysign (NASDAQ:PAYS) Hits New 1-Year High – Here’s What Happened

Paysign, Inc. (NASDAQ:PAYS) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $9.49 and last traded at $9.3160, with a volume of 366 shares. The stock had previously closed at $9.25.

Wall Street Analyst Weigh In

PAYS has been the subject of a number of analyst reports. DA Davidson restated a “buy” rating and issued a $9.00 price target on shares of Paysign in a research report on Wednesday, May 13th. Weiss Ratings raised shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, July 29th. Barrington Research set a $11.00 price target on shares of Paysign in a research note on Monday. Finally, Wall Street Zen downgraded shares of Paysign from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Paysign currently has an average rating of “Buy” and an average price target of $10.33.

Paysign Stock Performance

The firm has a 50-day moving average of $8.00 and a 200-day moving average of $5.94. The stock has a market capitalization of $517.17 million, a price-to-earnings ratio of 54.41 and a beta of 0.74.

Paysign (NASDAQ:PAYS) last posted its earnings results on Tuesday, May 12th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. Paysign had a return on equity of 21.74% and a net margin of 11.38%.The firm had revenue of $28.04 million for the quarter, compared to analyst estimates of $27.01 million. Paysign has set its Q2 2026 guidance at 0.060-0.070 EPS. On average, equities research analysts anticipate that Paysign, Inc. will post 0.5 EPS for the current year.

Insider Transactions at Paysign

In related news, CEO Mark Newcomer sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $9.38, for a total transaction of $469,000.00. Following the completion of the sale, the chief executive officer directly owned 9,222,027 shares of the company’s stock, valued at approximately $86,502,613.26. This trade represents a 0.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bruce A. Mina sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $7.09, for a total transaction of $70,900.00. Following the completion of the sale, the director directly owned 258,500 shares in the company, valued at $1,832,765. This trade represents a 3.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 221,736 shares of company stock valued at $1,803,479. Corporate insiders own 24.50% of the company’s stock.

Institutional Investors Weigh In On Paysign

Several large investors have recently bought and sold shares of the stock. Royce & Associates LP boosted its holdings in Paysign by 25.0% in the fourth quarter. Royce & Associates LP now owns 778,183 shares of the company’s stock valued at $4,008,000 after purchasing an additional 155,606 shares in the last quarter. Walleye Capital LLC purchased a new stake in shares of Paysign in the first quarter valued at about $1,110,000. Punch & Associates Investment Management Inc. lifted its position in Paysign by 40.7% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 2,058,210 shares of the company’s stock worth $12,143,000 after acquiring an additional 595,650 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Paysign by 17.4% in the 1st quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company’s stock worth $9,033,000 after acquiring an additional 227,300 shares during the period. Finally, Militia Capital Management LLC acquired a new stake in Paysign in the first quarter valued at about $471,000. Hedge funds and other institutional investors own 25.89% of the company’s stock.

About Paysign

Paysign, Inc (NASDAQ:PAYS) is a U.S.-based financial technology company specializing in prepaid payment solutions. Through its cloud-based platform, the company enables corporations, government agencies and payroll providers to issue and manage stored-value cards, digital wallets and disbursement programs. Paysign’s offerings span gift and incentive cards, payroll and earned-wage access cards, government benefit distribution, tax refund solutions and health savings account disbursements.

The company’s flagship Paysign Experience Platform provides configurable card programs with real-time transaction reporting, fraud monitoring and regulatory compliance tools.