Paysign (NASDAQ:PAYS) Hits New 52-Week High – Time to Buy?

Paysign, Inc. (NASDAQ:PAYS)’s stock price reached a new 52-week high on Monday . The company traded as high as $12.89 and last traded at $12.3910, with a volume of 181993 shares. The stock had previously closed at $12.48.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Barrington Research set a $11.00 price target on shares of Paysign in a research note on Monday, August 3rd. Wall Street Zen raised shares of Paysign from a “buy” rating to a “strong-buy” rating in a research report on Saturday. DA Davidson increased their target price on shares of Paysign from $9.00 to $12.00 and gave the stock a “buy” rating in a report on Thursday. Weiss Ratings raised shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, July 29th. Finally, Lake Street Capital reiterated a “buy” rating and issued a $13.00 price target on shares of Paysign in a research note on Thursday. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Paysign presently has a consensus rating of “Buy” and an average target price of $12.00.

Paysign Price Performance

The firm has a 50-day moving average of $8.30 and a 200 day moving average of $6.12. The stock has a market capitalization of $704.85 million, a price-to-earnings ratio of 48.00 and a beta of 0.74.

Paysign (NASDAQ:PAYS) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.05. Paysign had a return on equity of 31.70% and a net margin of 15.67%.The firm had revenue of $28.25 million for the quarter, compared to analyst estimates 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. On average, equities analysts forecast that Paysign, Inc. will post 0.58 earnings per share for the current year.

Insider Buying and Selling

In other Paysign news, Director Bruce A. Mina sold 10,000 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $7.09, for a total value of $70,900.00. Following the completion of the sale, the director 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Mark Newcomer sold 150,000 shares of Paysign stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $11.88, for a total transaction of $1,782,000.00. Following the completion of the transaction, the chief executive officer directly owned 9,163,002 shares of the company’s stock, valued at approximately $108,856,463.76. This trade represents a 1.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 371,736 shares of company stock worth $3,585,479. Insiders own 24.50% of the company’s stock.

Institutional Investors Weigh In On Paysign

Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Paysign in the second quarter valued at approximately $25,219,000. Punch & Associates Investment Management Inc. increased its holdings in shares of Paysign by 164.6% during the 4th quarter. Punch & Associates Investment Management Inc. now owns 1,462,560 shares of the company’s stock worth $7,532,000 after acquiring an additional 909,825 shares during the last quarter. Two Sigma Investments LP increased its holdings in shares of Paysign by 139.5% during the 3rd 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 last quarter. Jacobs Levy Equity Management Inc. bought a new stake in Paysign in the 3rd quarter valued at $1,640,000. Finally, Marshall Wace LLP bought a new stake in Paysign in the 2nd quarter valued at $1,716,000. 25.89% of the stock is 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.