Paysign (NASDAQ:PAYS) EVP Joan Herman Sells 29,202 Shares

Paysign, Inc. (NASDAQ:PAYS) EVP Joan Herman sold 29,202 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $8.00, for a total value of $233,616.00. Following the completion of the sale, the executive vice president owned 807,009 shares of the company’s stock, valued at $6,456,072. This trade represents a 3.49% decrease in their ownership of the stock. The transaction was disclosed in a filing 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

NASDAQ PAYS opened at $6.81 on Thursday. The company has a market capitalization of $380.75 million, a PE ratio of 40.06 and a beta of 0.73. The business’s fifty day moving average is $6.19 and its 200 day moving average is $5.04. Paysign, Inc. has a fifty-two week low of $3.08 and a fifty-two week high of $8.88.

Paysign (NASDAQ:PAYS) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.09 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. On average, sell-side analysts forecast that Paysign, Inc. will post 0.5 EPS for the current year.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Punch & Associates Investment Management Inc. grew its holdings in Paysign by 164.6% during the 4th quarter. Punch & Associates Investment Management Inc. now owns 1,462,560 shares of the company’s stock valued at $7,532,000 after buying an additional 909,825 shares in the last quarter. Royce & Associates LP lifted its holdings in shares of Paysign by 150.0% in the third quarter. Royce & Associates LP now owns 622,577 shares of the company’s stock worth $3,916,000 after buying an additional 373,519 shares in the last quarter. New York State Common Retirement Fund boosted its position in shares of Paysign by 2,943.3% during the third quarter. New York State Common Retirement Fund now owns 385,732 shares of the company’s stock worth $2,426,000 after acquiring an additional 373,057 shares during the last quarter. Two Sigma Investments LP boosted its position in shares of Paysign by 139.5% during the third quarter. Two Sigma Investments LP now owns 504,887 shares of the company’s stock worth $3,176,000 after acquiring an additional 294,041 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. purchased a new position in Paysign during the third quarter valued at $1,640,000. 25.89% of the stock is owned by hedge funds and other institutional investors.

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.