Paysign (NASDAQ:PAYS) EVP Joan Herman Sells 22,534 Shares of Stock

Paysign, Inc. (NASDAQ:PAYS) EVP Joan Herman sold 22,534 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $7.01, for a total value of $157,963.34. Following the completion of the transaction, the executive vice president owned 813,989 shares of the company’s stock, valued at $5,706,062.89. This trade represents a 2.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paysign Price Performance

Shares of PAYS stock opened at $7.27 on Friday. The firm has a market capitalization of $406.44 million, a price-to-earnings ratio of 42.76 and a beta of 0.72. The business has a fifty day moving average of $5.95 and a 200 day moving average of $5.00. Paysign, Inc. has a 1 year low of $3.08 and a 1 year high of $8.88.

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

Wall Street Analyst Weigh In

PAYS has been the subject of a number of research analyst reports. Lake Street Capital raised their target price on Paysign from $10.00 to $11.00 and gave the stock a “buy” rating in a research note on Wednesday, March 25th. DA Davidson restated a “buy” rating and issued a $9.00 target price on shares of Paysign in a research note on Wednesday, May 13th. Wall Street Zen raised Paysign from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 16th. Finally, Weiss Ratings raised Paysign from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.00.

Institutional Investors Weigh In On Paysign

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. New York State Common Retirement Fund grew its position in Paysign by 2,943.3% during the 3rd quarter. New York State Common Retirement Fund now owns 385,732 shares of the company’s stock worth $2,426,000 after purchasing an additional 373,057 shares during the period. Royce & Associates LP grew its position in Paysign by 150.0% during the 3rd quarter. Royce & Associates LP now owns 622,577 shares of the company’s stock worth $3,916,000 after purchasing an additional 373,519 shares during the period. Joule Financial LLC grew its position in Paysign by 53.2% during the 3rd quarter. Joule Financial LLC now owns 614,175 shares of the company’s stock worth $3,863,000 after purchasing an additional 213,206 shares during the period. North Star Investment Management Corp. acquired a new stake in Paysign during the 4th quarter worth about $196,000. Finally, SG Americas Securities LLC acquired a new stake in Paysign during the 4th quarter worth about $52,000. 25.89% of the stock is owned by institutional investors and hedge funds.

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.