Punch & Associates Investment Management Inc. Purchases 909,825 Shares of Paysign, Inc. $PAYS

Punch & Associates Investment Management Inc. boosted its position in Paysign, Inc. (NASDAQ:PAYS) by 164.6% in the fourth quarter, HoldingsChannel reports. The firm owned 1,462,560 shares of the company’s stock after buying an additional 909,825 shares during the quarter. Punch & Associates Investment Management Inc.’s holdings in Paysign were worth $7,532,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Topline Capital Management LLC grew its position in Paysign by 0.4% in the 3rd quarter. Topline Capital Management LLC now owns 5,445,188 shares of the company’s stock worth $34,250,000 after purchasing an additional 23,451 shares in the last quarter. Vanguard Group Inc. grew its position in Paysign by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 1,820,371 shares of the company’s stock worth $11,450,000 after purchasing an additional 29,150 shares in the last quarter. Thompson Siegel & Walmsley LLC grew its position in Paysign by 14.8% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 1,457,941 shares of the company’s stock worth $7,508,000 after purchasing an additional 187,767 shares in the last quarter. Renaissance Technologies LLC grew its position in Paysign by 15.7% in the 4th quarter. Renaissance Technologies LLC now owns 1,303,772 shares of the company’s stock worth $6,714,000 after purchasing an additional 177,350 shares in the last quarter. Finally, Palisades Investment Partners LLC grew its position in Paysign by 3.0% in the 4th quarter. Palisades Investment Partners LLC now owns 924,373 shares of the company’s stock worth $4,761,000 after purchasing an additional 26,739 shares in the last quarter. 25.89% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Insider Buying and Selling

In related news, EVP Joan M. Herman sold 29,202 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $8.00, for a total value of $233,616.00. Following the completion of the transaction, the executive vice president directly owned 807,009 shares of the company’s stock, valued at approximately $6,456,072. This trade represents a 3.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 58,403 shares of company stock valued at $438,315. 24.50% of the stock is currently owned by company insiders.

Paysign Stock Up 2.3%

Paysign stock opened at $7.13 on Wednesday. Paysign, Inc. has a twelve month low of $3.08 and a twelve month high of $8.88. The firm has a 50 day moving average price of $6.45 and a 200-day moving average price of $5.16. The company has a market capitalization of $398.64 million, a P/E ratio of 41.94 and a beta of 0.73.

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

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.