107,077 Shares in Paysign, Inc. $PAYS Acquired by OneDigital Investment Advisors LLC

Key Points

• OneDigital Investment Advisors acquired 107,077 Paysign shares worth approximately $877,000, while institutional investors collectively own 25.89% of the company.
• Paysign reported quarterly EPS of $0.11, exceeding analyst estimates of $0.06, and revenue of $28.25 million versus expectations of $26.36 million. The company issued fiscal 2026 EPS guidance of $0.35–$0.37.
• Insiders sold 406,736 shares worth about $4.03 million over the past quarter, including stock sales by the CEO and CFO. Despite the selling, analysts maintain a consensus “Buy” rating with an average price target of $13.33.

OneDigital Investment Advisors LLC acquired a new position in shares of Paysign, Inc. (NASDAQ:PAYS - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 107,077 shares of the company's stock, valued at approximately $877,000. OneDigital Investment Advisors LLC owned about 0.19% of Paysign as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its stake in shares of Paysign by 7.3% during the first quarter. Goldman Sachs Group Inc. now owns 258,334 shares of the company's stock worth $548,000 after buying an additional 17,466 shares during the period. Jane Street Group LLC purchased a new position in Paysign in the first quarter worth $51,000. Rhumbline Advisers lifted its stake in shares of Paysign by 5.2% in the first quarter. Rhumbline Advisers now owns 46,587 shares of the company's stock valued at $99,000 after purchasing an additional 2,303 shares during the period. Geode Capital Management LLC lifted its position in shares of Paysign by 1.6% during 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 during the period. Finally, Invesco Ltd. boosted its position in Paysign by 19.1% during the second quarter. Invesco Ltd. now owns 16,942 shares of the company's stock worth $122,000 after purchasing an additional 2,716 shares in the last quarter. Hedge funds and other institutional investors own 25.89% of the company's stock.

Insider Activity

In other news, CEO Mark Newcomer sold 150,000 shares of the firm's stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $11.88, for a total transaction of $1,782,000.00. Following the completion of the sale, the chief executive officer directly owned 9,163,002 shares in the company, valued at $108,856,463.76. This trade represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a legal 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. Also, CFO Jeffery Bradford Baker sold 35,000 shares of Paysign stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $12.62, for a total value of $441,700.00. Following the sale, the chief financial officer directly owned 542,171 shares in the company, valued at approximately $6,842,198.02. The trade was a 6.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 406,736 shares of company stock worth $4,027,179. Corporate insiders own 24.50% of the company's stock.

Paysign Stock Down 1.3%

Shares of NASDAQ:PAYS opened at $13.00 on Tuesday. Paysign, Inc. has a 52-week low of $3.08 and a 52-week high of $13.25. The company has a 50 day moving average of $9.00 and a two-hundred day moving average of $6.47. The company has a market capitalization of $734.01 million, a price-to-earnings ratio of 50.00 and a beta of 0.74.

Paysign (NASDAQ:PAYS - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $0.05. The business had revenue of $28.25 million for the quarter, compared to analysts' expectations of $26.36 million. Paysign had a net margin of 15.67% and a return on equity of 30.13%. Paysign has set its FY 2026 guidance at 0.350-0.370 EPS and its Q3 2026 guidance at 0.090-0.100 EPS. On average, equities analysts anticipate that Paysign, Inc. will post 0.58 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Lake Street Capital reaffirmed a "buy" rating and issued a $13.00 price target on shares of Paysign in a report on Thursday, August 6th. DA Davidson raised their target price on shares of Paysign from $9.00 to $12.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Barrington Research set a $15.00 target price on Paysign in a research report on Tuesday, August 11th. Wall Street Zen cut Paysign from a "strong-buy" rating to a "buy" rating in a report on Sunday. Finally, Weiss Ratings raised Paysign from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Paysign presently has an average rating of "Buy" and an average target price of $13.33.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source