Paysign, Inc. (NASDAQ:PAYS – Get Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as $8.95 and last traded at $8.97, with a volume of 133280 shares traded. The stock had previously closed at $8.78.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on PAYS. DA Davidson reissued a “buy” rating and set a $9.00 price objective on shares of Paysign in a report on Wednesday, May 13th. Wall Street Zen cut shares of Paysign from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Lake Street Capital lifted their target price on shares of Paysign from $10.00 to $11.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Finally, Weiss Ratings upgraded shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, June 25th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $10.00.
Paysign Trading Up 2.1%
Paysign (NASDAQ:PAYS – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. Paysign had a return on equity of 21.74% and a net margin of 11.38%.The firm had revenue of $28.04 million during the quarter, compared to analyst estimates of $27.01 million. Paysign has set its Q2 2026 guidance at 0.060-0.070 EPS. Equities research analysts expect that Paysign, Inc. will post 0.5 earnings per share for the current fiscal year.
Insider Activity at Paysign
In other news, EVP Joan M. Herman sold 100,000 shares of Paysign stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $8.01, for a total transaction of $801,000.00. Following the transaction, the executive vice president directly owned 707,009 shares of the company’s stock, valued at $5,663,142.09. The trade was a 12.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 158,403 shares of company stock valued at $1,239,315 over the last 90 days. 24.50% of the stock is owned by company insiders.
Institutional Investors Weigh In On Paysign
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rhumbline Advisers grew its position in shares of 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 purchasing an additional 2,183 shares in the last quarter. Invesco Ltd. lifted its position in shares of Paysign by 19.1% in the second quarter. Invesco Ltd. now owns 16,942 shares of the company’s stock worth $122,000 after buying an additional 2,716 shares in the last quarter. Intech Investment Management LLC lifted its position in shares of Paysign by 18.0% in the third quarter. Intech Investment Management LLC now owns 17,851 shares of the company’s stock worth $112,000 after buying an additional 2,723 shares in the last quarter. Alliancebernstein L.P. boosted its stake in Paysign by 11.6% during the third quarter. Alliancebernstein L.P. now owns 29,930 shares of the company’s stock valued at $188,000 after buying an additional 3,100 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in Paysign by 99.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock valued at $43,000 after buying an additional 3,453 shares in the last quarter. Institutional investors own 25.89% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Paysign
- AeroVironment Flies Under Wall Street’s Radar Toward a $4 Billion Target
- Micron’s $250 Billion Bet Could Reshape the AI Memory Race
- Rocket Lab’s Stock Drop Comes With a Bullish Twist
- Amazon’s New Debt Deal Puts Its AI Spending Story on Trial
Receive News & Ratings for Paysign Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paysign and related companies with MarketBeat.com's FREE daily email newsletter.
