Paysign (NASDAQ:PAYS) CEO Mark Newcomer Sells 50,000 Shares of Stock

Paysign, Inc. (NASDAQ:PAYSGet Free Report) CEO Mark Newcomer sold 50,000 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $9.38, for a total transaction of $469,000.00. Following the completion of the transaction, the chief executive officer owned 9,222,027 shares in the company, valued at $86,502,613.26. This represents a 0.54% 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 transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paysign Stock Performance

Shares of PAYS stock opened at $8.96 on Friday. The firm’s 50 day moving average price is $7.95 and its two-hundred day moving average price is $5.90. Paysign, Inc. has a 52-week low of $3.08 and a 52-week high of $9.49. The stock has a market cap of $500.95 million, a PE ratio of 52.71 and a beta of 0.72.

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

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Wall Street Zen downgraded Paysign from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Weiss Ratings upgraded Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Finally, DA Davidson restated a “buy” rating and set a $9.00 target price on shares of Paysign in a research report on Wednesday, May 13th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Paysign has a consensus rating of “Buy” and a consensus price target of $10.00.

Get Our Latest Report on Paysign

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PAYS. Royce & Associates LP raised its position in shares of Paysign by 25.0% during the fourth quarter. Royce & Associates LP now owns 778,183 shares of the company’s stock worth $4,008,000 after purchasing an additional 155,606 shares during the period. Walleye Capital LLC acquired a new position in shares of Paysign in the 1st quarter valued at approximately $1,110,000. Punch & Associates Investment Management Inc. grew its position in shares of Paysign by 40.7% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 2,058,210 shares of the company’s stock valued at $12,143,000 after purchasing an additional 595,650 shares during the period. Thompson Siegel & Walmsley LLC increased its stake in Paysign by 14.8% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 1,457,941 shares of the company’s stock worth $7,508,000 after purchasing an additional 187,767 shares in the last quarter. Finally, Militia Capital Management LLC bought a new stake in Paysign during the 1st quarter worth approximately $471,000. 25.89% of the stock is owned by institutional investors and hedge funds.

Paysign Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Paysign (NASDAQ:PAYS)

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