Paysign (NASDAQ:PAYS) Hits New 12-Month High – What’s Next?

Paysign, Inc. (NASDAQ:PAYS)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $14.31 and last traded at $14.31, with a volume of 8415 shares traded. The stock had previously closed at $14.09.

Analyst Ratings Changes

Several research analysts have commented on the stock. Wall Street Zen downgraded shares of Paysign from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. Barrington Research set a $15.00 price objective on shares of Paysign in a report on Tuesday, August 11th. Lake Street Capital restated a “buy” rating and set a $13.00 price target on shares of Paysign in a research report on Thursday, August 6th. Weiss Ratings upgraded Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. Finally, DA Davidson increased their price objective on Paysign from $9.00 to $12.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Paysign presently has an average rating of “Buy” and an average price target of $13.33.

Paysign Stock Performance

The business has a 50 day moving average price of $9.55 and a two-hundred day moving average price of $6.74. The company has a market cap of $807.97 million, a P/E ratio of 55.04 and a beta of 0.74.

Paysign (NASDAQ:PAYS) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.05. Paysign had a return on equity of 30.13% and a net margin of 15.67%.The firm had revenue of $28.25 million during the quarter, compared to the consensus estimate of $26.36 million. Paysign has set its FY 2026 guidance at 0.350-0.370 EPS and its Q3 2026 guidance at 0.090-0.100 EPS. As a group, research analysts expect that Paysign, Inc. will post 0.58 EPS for the current year.

Insider Transactions at Paysign

In related news, CFO Jeffery Bradford Baker sold 35,000 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $12.62, for a total value of $441,700.00. Following the completion of the transaction, the chief financial officer directly owned 542,171 shares in the company, valued at $6,842,198.02. This trade represents a 6.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Bruce A. Mina sold 10,000 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $7.09, for a total transaction of $70,900.00. Following the completion of the transaction, the director owned 258,500 shares of the company’s stock, valued at approximately $1,832,765. The trade was a 3.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 406,736 shares of company stock worth $4,027,179 in the last ninety days. 24.50% of the stock is owned by company insiders.

Institutional Trading of Paysign

A number of institutional investors and hedge funds have recently bought and sold shares of PAYS. BlackRock Inc. bought a new position in shares of Paysign during the second quarter valued at $25,219,000. Punch & Associates Investment Management Inc. bought a new position in shares of Paysign during the 2nd quarter valued at $16,983,000. AWM Investment Company Inc. purchased a new position in shares of Paysign in the 2nd quarter worth $6,560,000. Two Sigma Investments LP grew its holdings in shares of Paysign by 139.5% in the third quarter. Two Sigma Investments LP now owns 504,887 shares of the company’s stock worth $3,176,000 after acquiring an additional 294,041 shares during the period. Finally, Jacobs Levy Equity Management Inc. purchased a new stake in Paysign during the third quarter valued at $1,640,000. 25.89% of the stock is currently owned by institutional investors.

Paysign Company Profile

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.