Paymentus (NYSE:PAY) CFO Sells 25,000 Shares of Stock

Posted by on Aug 6th, 2026

Paymentus Holdings, Inc. (NYSE:PAY – Get Free Report) CFO Sanjay Kalra sold 25,000 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $41.21, for a total value of $1,030,250.00. Following the completion of the transaction, the chief financial officer owned 508,506 shares in the company, valued at $20,955,532.26. The trade was a 4.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

  • On Wednesday, August 5th, Sanjay Kalra sold 2,909 shares of Paymentus stock. The shares were sold at an average price of $40.25, for a total transaction of $117,087.25.

Paymentus Stock Up 0.2%

Shares of NYSE:PAY traded up $0.08 during midday trading on Thursday, hitting $40.08. The stock had a trading volume of 814,796 shares, compared to its average volume of 1,280,175. The company’s 50-day moving average price is $26.83 and its 200-day moving average price is $26.10. Paymentus Holdings, Inc. has a fifty-two week low of $20.11 and a fifty-two week high of $45.31. The company has a market capitalization of $5.04 billion, a P/E ratio of 60.72 and a beta of 1.29.

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

Analysts Set New Price Targets

PAY has been the topic of a number of recent analyst reports. Wolfe Research reiterated an “outperform” rating and issued a $44.00 target price on shares of Paymentus in a research report on Tuesday. The Goldman Sachs Group raised their target price on shares of Paymentus from $32.00 to $40.00 and gave the company a “neutral” rating in a research report on Tuesday. Wedbush boosted their target price on shares of Paymentus from $32.00 to $36.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Robert W. Baird upped their price target on shares of Paymentus from $34.00 to $38.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, Weiss Ratings upgraded Paymentus from a “hold (c)” rating to a “hold (c+)” rating in a research note 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $38.67.

Read Our Latest Stock Analysis on PAY

Institutional Trading of Paymentus

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wasatch Advisors LP raised its stake in shares of Paymentus by 82.2% during the fourth quarter. Wasatch Advisors LP now owns 8,553,165 shares of the business services provider’s stock valued at $270,194,000 after acquiring an additional 3,859,056 shares during the last quarter. Invesco Ltd. grew its stake in shares of Paymentus by 115.8% in the third quarter. Invesco Ltd. now owns 3,788,090 shares of the business services provider’s stock worth $115,916,000 after purchasing an additional 2,032,819 shares during the last quarter. Fuller & Thaler Asset Management Inc. acquired a new stake in Paymentus in the fourth quarter valued at $60,452,000. Brown Brothers Harriman & Co. raised its position in Paymentus by 148.0% during the 4th quarter. Brown Brothers Harriman & Co. now owns 1,580,593 shares of the business services provider’s stock worth $49,931,000 after purchasing an additional 943,244 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in Paymentus by 20.7% during the 4th quarter. Vanguard Group Inc. now owns 4,391,890 shares of the business services provider’s stock worth $138,740,000 after purchasing an additional 753,281 shares during the last quarter. 78.38% of the stock is currently owned by institutional investors.

About Paymentus

(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.

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