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

Paymentus Holdings, Inc. (NYSE:PAY) CFO Sanjay Kalra sold 25,000 shares of Paymentus stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $41.21, for a total value of $1,030,250.00. Following the transaction, the chief financial officer owned 508,506 shares in the company, valued at $20,955,532.26. This trade represents a 4.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

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

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

Paymentus Stock Down 4.0%

NYSE PAY opened at $38.53 on Friday. Paymentus Holdings, Inc. has a 52 week low of $20.11 and a 52 week high of $45.31. The company has a market capitalization of $4.85 billion, a P/E ratio of 58.38 and a beta of 1.29. The stock’s 50-day moving average price is $27.13 and its 200-day moving average price is $26.19.

Paymentus (NYSE:PAY) last announced its quarterly earnings data on Monday, August 3rd. The business services provider reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.06. The company had revenue of $360.74 million during the quarter, compared to the consensus estimate of $345.44 million. Paymentus had a return on equity of 15.26% and a net margin of 6.24%.The firm’s revenue was up 28.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.11 EPS. Research analysts anticipate that Paymentus Holdings, Inc. will post 0.71 EPS for the current year.

Analyst Ratings Changes

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

Key Paymentus News

Here are the key news stories impacting Paymentus this week:

• Positive Sentiment: Paymentus reported quarterly EPS of $0.25 versus the $0.19 consensus estimate, while revenue of $360.74 million exceeded expectations of $345.44 million. Revenue increased 28.8% year over year, and EPS more than doubled from $0.11 in the prior-year quarter, reinforcing the company’s growth story. Paymentus Shares Gap Up on Earnings Beat
• Positive Sentiment: An investment analysis identified acquisitions as a potential avenue for accelerating Paymentus’s growth. Successful deal execution could expand its bill-payment platform, customer base and long-term revenue opportunity, although acquisitions would also introduce integration and capital-allocation risks. Paymentus Holdings: Opportunities For Accelerated Growth Through Acquisitions
• Neutral Sentiment: Analyst reactions were generally constructive following the earnings report: Wolfe Research maintained an outperform rating with a $44 target, while Goldman Sachs raised its target to $40 but kept a neutral rating. Baird also raised its target to $38 with a neutral rating. The consensus rating remains “Moderate Buy,” but the average target of $38.67 suggests limited upside after the recent rally.
• Negative Sentiment: Director Gary Trainor sold 80,000 shares for approximately $3.26 million, reducing his position by 13.56%. CFO Sanjay Kalra sold 25,000 shares for about $1.03 million and an additional 2,909 shares for roughly $117,000. While executives retained sizable holdings, the cluster of insider sales can signal profit-taking and may pressure the stock, particularly after its sharp rise. Paymentus Insider Selling
• Negative Sentiment: Paymentus trades at a high earnings multiple—reported near 58–61 times earnings—leaving the stock sensitive to profit-taking and any slowdown in growth. The recent decline appears to reflect insider selling and valuation concerns offsetting the company’s strong earnings beat.

Hedge Funds Weigh In On Paymentus

Several hedge funds have recently modified their holdings of the stock. Wasatch Advisors LP grew its stake in 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 in the last quarter. Invesco Ltd. lifted its stake in Paymentus by 115.8% in the 3rd 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 in the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in shares of Paymentus during the 4th quarter valued at about $60,452,000. Brown Brothers Harriman & Co. boosted its holdings in shares of 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 valued at $49,931,000 after purchasing an additional 943,244 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Paymentus by 20.7% during the fourth quarter. Vanguard Group Inc. now owns 4,391,890 shares of the business services provider’s stock valued at $138,740,000 after purchasing an additional 753,281 shares in the last quarter. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Paymentus Company Profile

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.