Repay Holdings Corporation (NASDAQ:RPAY) CFO Timothy John Murphy sold 54,950 shares of the stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $22.30, for a total value of $1,225,385.00. Following the sale, the chief financial officer now directly owns 346,964 shares in the company, valued at approximately $7,737,297.20. The sale was disclosed in a filing with the SEC, which is accessible through this link.

NASDAQ:RPAY opened at $22.13 on Friday. The business’s 50-day moving average price is $24.83 and its two-hundred day moving average price is $19.32. Repay Holdings Corporation has a twelve month low of $10.69 and a twelve month high of $27.93. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.53.

Repay (NASDAQ:RPAY) last released its quarterly earnings results on Monday, May 11th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.02. The business had revenue of $39.46 million during the quarter, compared to analysts’ expectations of $37.86 million. The firm’s quarterly revenue was up 71.4% on a year-over-year basis. On average, analysts expect that Repay Holdings Corporation will post 0.46 EPS for the current year.

A number of analysts recently issued reports on RPAY shares. BidaskClub cut Repay from a “hold” rating to a “sell” rating in a report on Friday. Cantor Fitzgerald increased their price objective on Repay from $18.00 to $21.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Northland Securities started coverage on Repay in a report on Friday, June 26th. They set a “buy” rating and a $28.00 price objective on the stock. Keefe, Bruyette & Woods increased their price objective on Repay from $20.00 to $27.00 and gave the stock an “outperform” rating in a report on Monday, June 1st. Finally, BTIG Research reaffirmed a “buy” rating and issued a $29.00 price target on shares of Repay in a report on Thursday, June 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $26.44.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. UBS Group AG raised its holdings in shares of Repay by 1,238.5% during the 2nd quarter. UBS Group AG now owns 35,337 shares of the company’s stock valued at $870,000 after buying an additional 32,697 shares in the last quarter. Strs Ohio purchased a new position in shares of Repay during the 2nd quarter valued at about $231,000. Taylor Frigon Capital Management LLC raised its holdings in shares of Repay by 4.4% during the 2nd quarter. Taylor Frigon Capital Management LLC now owns 189,866 shares of the company’s stock valued at $4,676,000 after buying an additional 7,959 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Repay during the 2nd quarter valued at about $490,000. Finally, Summit Creek Advisors LLC raised its holdings in shares of Repay by 8.0% during the 2nd quarter. Summit Creek Advisors LLC now owns 896,377 shares of the company’s stock valued at $22,078,000 after buying an additional 66,030 shares in the last quarter. 83.64% of the stock is currently owned by institutional investors.

Repay Company Profile

Repay Holdings Corporation provides integrated payment processing solutions in the United States. The company offers credit and debit card processing, automated clearing house processing, and funding solutions. It primarily serves clients in consumer finance, automotive, receivables management, and healthcare sectors, as well as financial institutions.

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