Paysign (NASDAQ:PAYS) Hits New 12-Month High – Time to Buy?

Paysign, Inc. (NASDAQ:PAYS)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $12.89 and last traded at $12.3910, with a volume of 181993 shares changing hands. The stock had previously closed at $12.48.

Analyst Ratings Changes

PAYS has been the subject of a number of research analyst reports. Barrington Research set a $15.00 price target on shares of Paysign in a research note on Tuesday. Weiss Ratings raised shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, July 29th. Lake Street Capital restated a “buy” rating and issued a $13.00 target price on shares of Paysign in a research note on Thursday, August 6th. Wall Street Zen upgraded Paysign from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, DA Davidson upped their price objective on Paysign from $9.00 to $12.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $13.33.

Paysign Price Performance

The company has a market cap of $713.12 million, a price-to-earnings ratio of 48.58 and a beta of 0.74. The firm’s fifty day moving average price is $8.50 and its 200-day moving average price is $6.23.

Paysign (NASDAQ:PAYS) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.05. Paysign had a return on equity of 31.70% and a net margin of 15.67%.The company had revenue of $28.25 million for the quarter, compared to analysts’ expectations of $26.36 million. Paysign has set its FY 2026 guidance at 0.350-0.370 EPS and its Q3 2026 guidance at 0.090-0.100 EPS. As a group, equities analysts forecast that Paysign, Inc. will post 0.58 earnings per share for the current fiscal year.

Insider Transactions at Paysign

In related news, EVP Joan M. Herman sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $8.01, for a total transaction of $801,000.00. Following the completion of the sale, the executive vice president directly owned 707,009 shares in the company, valued at approximately $5,663,142.09. This trade represents a 12.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark Newcomer sold 150,000 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $11.88, for a total value of $1,782,000.00. Following the sale, the chief executive officer directly owned 9,163,002 shares of the company’s stock, valued at approximately $108,856,463.76. This represents a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 371,736 shares of company stock valued at $3,585,479. Corporate insiders own 24.50% of the company’s stock.

Institutional Trading of Paysign

Hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. acquired a new position in Paysign during the second quarter valued at $30,000. BNP Paribas Financial Markets boosted its position in Paysign by 99.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock worth $43,000 after acquiring an additional 3,453 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in Paysign by 381.5% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company’s stock worth $51,000 after acquiring an additional 7,825 shares during the period. Jane Street Group LLC purchased a new position in Paysign during the 1st quarter valued at about $51,000. Finally, SG Americas Securities LLC purchased a new position in Paysign during the 4th quarter valued at about $52,000. Institutional investors and hedge funds own 25.89% of the company’s stock.

Paysign Company Profile

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.