Paysign (NASDAQ:PAYS) Insider Sells $62,637.12 in Stock

Paysign, Inc. (NASDAQ:PAYS) insider Matthew Baker Turner sold 15,057 shares of Paysign stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $4.16, for a total transaction of $62,637.12. Following the transaction, the insider directly owned 454,943 shares in the company, valued at approximately $1,892,562.88. The trade was a 3.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Paysign Stock Performance

NASDAQ:PAYS opened at $13.45 on Monday. The stock has a market capitalization of $759.39 million, a P/E ratio of 51.73 and a beta of 0.80. The company’s 50-day simple moving average is $10.68 and its 200-day simple moving average is $7.41. Paysign, Inc. has a fifty-two week low of $3.08 and a fifty-two week high of $14.43.

Paysign (NASDAQ:PAYS) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.05. The business had revenue of $28.25 million for the quarter, compared to the consensus estimate of $26.36 million. Paysign had a return on equity of 30.13% and a net margin of 15.67%.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, research analysts forecast that Paysign, Inc. will post 0.58 EPS for the current year.

Analysts Set New Price Targets

PAYS has been the subject of a number of research analyst reports. DA Davidson raised their target price on Paysign from $9.00 to $12.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Weiss Ratings raised Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. Lake Street Capital restated a “buy” rating and issued a $13.00 price objective on shares of Paysign in a research note on Thursday, August 6th. Wall Street Zen downgraded Paysign from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. Finally, Barrington Research set a $15.00 target price on Paysign in a research report on Tuesday, August 11th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Paysign currently has a consensus rating of “Buy” and an average target price of $13.33.

Institutional Investors Weigh In On Paysign

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. California State Teachers Retirement System grew its holdings in Paysign by 114.4% during the second quarter. California State Teachers Retirement System now owns 4,038 shares of the company’s stock worth $33,000 after acquiring an additional 2,155 shares during the period. Rhumbline Advisers grew its position in Paysign by 4.7% during the second quarter. Rhumbline Advisers now owns 48,770 shares of the company’s stock valued at $351,000 after buying an additional 2,183 shares during the period. Invesco Ltd. increased its holdings in Paysign by 19.1% in the second quarter. Invesco Ltd. now owns 16,942 shares of the company’s stock valued at $122,000 after buying an additional 2,716 shares in the last quarter. Intech Investment Management LLC increased its holdings in Paysign by 18.0% in the third quarter. Intech Investment Management LLC now owns 17,851 shares of the company’s stock valued at $112,000 after buying an additional 2,723 shares in the last quarter. Finally, Alliancebernstein L.P. raised its position in shares of Paysign by 11.6% in the third quarter. Alliancebernstein L.P. now owns 29,930 shares of the company’s stock worth $188,000 after acquiring an additional 3,100 shares during the period. 25.89% of the stock is owned by institutional investors and hedge funds.

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.