Paymentus (NYSE:PAY) CFO Sanjay Kalra Sells 2,909 Shares

Posted by Stanley Muller on Aug 7th, 2026

Paymentus Holdings, Inc. (NYSE:PAY – Get Free Report) CFO Sanjay Kalra sold 2,909 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $40.25, for a total value of $117,087.25. Following the transaction, the chief financial officer owned 505,597 shares of the company’s stock, valued at $20,350,279.25. The trade was a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Sanjay Kalra also recently made the following trade(s):

On Tuesday, August 4th, Sanjay Kalra sold 25,000 shares of Paymentus stock. The shares were sold at an average price of $41.21, for a total value of $1,030,250.00.

Paymentus Price Performance

Paymentus stock opened at $40.08 on Friday. The firm has a market capitalization of $5.04 billion, a price-to-earnings ratio of 60.72 and a beta of 1.29. The company’s 50 day simple moving average is $26.83 and its 200 day simple moving average is $26.10. Paymentus Holdings, Inc. has a fifty-two week low of $20.11 and a fifty-two week high of $45.31.

Paymentus (NYSE:PAY – Get Free Report) last issued its earnings results on Monday, August 3rd. The business services provider reported $0.25 EPS for the quarter, beating the consensus estimate of $0.19 by $0.06. The firm had revenue of $360.74 million during the quarter, compared to the consensus estimate of $345.44 million. Paymentus had a net margin of 6.24% and a return on equity of 15.26%. The business’s quarterly revenue was up 28.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.11 earnings per share. As a group, analysts predict that Paymentus Holdings, Inc. will post 0.71 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on PAY. The Goldman Sachs Group upped their price objective on shares of Paymentus from $32.00 to $40.00 and gave the company a “neutral” rating in a research report on Tuesday. Robert W. Baird lifted their target price on Paymentus from $34.00 to $38.00 and gave the stock a “neutral” rating in a report on Tuesday. Weiss Ratings raised Paymentus from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday. Wedbush increased their price target on Paymentus from $32.00 to $36.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $44.00 price target on shares of Paymentus in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Paymentus currently has a consensus rating of “Moderate Buy” and a consensus price target of $38.67.

Check Out Our Latest Analysis on Paymentus

Institutional Trading of Paymentus

Hedge funds and other institutional investors have recently modified their holdings of the company. Wedge Capital Management L L P NC acquired a new position in shares of Paymentus during the second quarter worth about $2,008,000. Handelsbanken Fonder AB lifted its stake in Paymentus by 88.7% in the 2nd quarter. Handelsbanken Fonder AB now owns 18,300 shares of the business services provider’s stock valued at $442,000 after acquiring an additional 8,600 shares in the last quarter. Bank of America Corp DE lifted its stake in Paymentus by 155.1% in the 1st quarter. Bank of America Corp DE now owns 349,993 shares of the business services provider’s stock valued at $8,890,000 after acquiring an additional 212,778 shares in the last quarter. California State Teachers Retirement System boosted its position in Paymentus by 77.1% during the 1st quarter. California State Teachers Retirement System now owns 64,131 shares of the business services provider’s stock worth $1,629,000 after acquiring an additional 27,921 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in Paymentus by 7.2% during the 1st quarter. The Manufacturers Life Insurance Company now owns 9,943 shares of the business services provider’s stock worth $253,000 after acquiring an additional 665 shares during the last quarter. Institutional investors and hedge funds own 78.38% of the company’s stock.

Paymentus Company Profile

(Get Free Report)

Paymentus is a U.S.-based financial technology company that specializes in cloud-native bill payment and presentment solutions. Its platform enables businesses and government entities to manage the entire payment lifecycle, from electronic bill presentment and real-time payment processing to reconciliation and reporting. Through web portals, mobile applications, interactive voice response (IVR) systems and in-person channels, Paymentus helps clients streamline accounts receivable operations, enhance customer engagement and reduce operational costs.

Founded in 2004 and headquartered in Wilmington, Delaware, Paymentus has built a modular suite of services that can be tailored to the needs of various industries.