Thompson Siegel & Walmsley LLC Has $7.51 Million Stake in Paysign, Inc. $PAYS

Thompson Siegel & Walmsley LLC boosted its holdings in shares of Paysign, Inc. (NASDAQ:PAYS) by 14.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,457,941 shares of the company’s stock after purchasing an additional 187,767 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Paysign were worth $7,508,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Goldman Sachs Group Inc. raised its holdings in shares of Paysign by 7.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 258,334 shares of the company’s stock valued at $548,000 after purchasing an additional 17,466 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Paysign during the 1st quarter valued at about $51,000. Rhumbline Advisers increased its holdings in shares of Paysign by 5.2% during the 1st quarter. Rhumbline Advisers now owns 46,587 shares of the company’s stock valued at $99,000 after acquiring an additional 2,303 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Paysign by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 788,500 shares of the company’s stock valued at $5,679,000 after acquiring an additional 12,490 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in Paysign by 19.1% in the 2nd quarter. Invesco Ltd. now owns 16,942 shares of the company’s stock worth $122,000 after purchasing an additional 2,716 shares during the last quarter. Institutional investors and hedge funds own 25.89% of the company’s stock.

Insider Buying and Selling at Paysign

In other Paysign news, EVP Joan M. Herman sold 22,534 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $7.01, for a total value of $157,963.34. Following the transaction, the executive vice president directly owned 813,989 shares in the company, valued at $5,706,062.89. The trade was a 2.69% decrease in their ownership of the stock. 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 own 24.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on PAYS shares. Wall Street Zen raised Paysign from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 16th. Weiss Ratings raised shares of Paysign from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 14th. Lake Street Capital raised their price target on Paysign from $10.00 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. Finally, DA Davidson reiterated a “buy” rating and issued a $9.00 price objective on shares of Paysign in a research note on Wednesday, May 13th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $10.00.

Paysign Stock Up 6.6%

NASDAQ PAYS opened at $7.75 on Tuesday. Paysign, Inc. has a twelve month low of $3.08 and a twelve month high of $8.88. The stock has a market cap of $433.27 million, a P/E ratio of 45.59 and a beta of 0.72. The company’s 50-day simple moving average is $6.04 and its 200 day simple moving average is $5.02.

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

About Paysign

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.