Punch & Associates Investment Management Inc. grew its stake in shares of Paysign, Inc. (NASDAQ:PAYS – Free Report) by 164.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,462,560 shares of the company’s stock after purchasing an additional 909,825 shares during the period. Punch & Associates Investment Management Inc. owned approximately 2.66% of Paysign worth $7,532,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently made changes to their positions in PAYS. Raymond James Financial Inc. acquired a new position in shares of Paysign during the second quarter valued at about $30,000. BNP Paribas Financial Markets raised its holdings in shares of Paysign by 99.8% during the third quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock valued at $43,000 after purchasing an additional 3,453 shares during the period. Jane Street Group LLC acquired a new position in shares of Paysign during the first quarter valued at about $51,000. SG Americas Securities LLC acquired a new position in shares of Paysign during the fourth quarter valued at about $52,000. Finally, Quarry LP acquired a new position in shares of Paysign during the third quarter valued at about $54,000. Institutional investors and hedge funds own 25.89% of the company’s stock.
Insider Buying and Selling at Paysign
In related news, EVP Joan M. Herman sold 29,202 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $8.00, for a total value of $233,616.00. Following the sale, the executive vice president owned 807,009 shares in the company, valued at $6,456,072. This represents a 3.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 58,403 shares of company stock valued at $438,315. Corporate insiders own 24.50% of the company’s stock.
Paysign Price Performance
Paysign (NASDAQ:PAYS – Get Free Report) last posted its earnings results on Tuesday, May 12th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. Paysign had a net margin of 11.38% and a return on equity of 21.74%. The company had revenue of $28.04 million for the quarter, compared to analyst estimates of $27.01 million. Paysign has set its Q2 2026 guidance at 0.060-0.070 EPS. As a group, analysts expect that Paysign, Inc. will post 0.5 EPS for the current year.
Analyst Ratings Changes
PAYS has been the topic of several research reports. DA Davidson reiterated a “buy” rating and set a $9.00 price objective on shares of Paysign in a report on Wednesday, May 13th. Weiss Ratings upgraded shares of Paysign from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 14th. Lake Street Capital upped their price objective on shares of Paysign from $10.00 to $11.00 and gave the company a “buy” rating in a report on Wednesday, March 25th. Finally, Wall Street Zen lowered shares of Paysign from a “strong-buy” rating to a “buy” rating in a report on Saturday. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $10.00.
View Our Latest Report on PAYS
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.
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