62,029 Shares in Repay Holdings Corporation $RPAY Purchased by Inspire Investing LLC

Key Points

• Inspire Investing LLC purchased 62,029 shares of Repay Holdings Corporation ($RPAY) for approximately $346,000, representing 0.06% ownership at the end of the last quarter.
• Repay's stock has a current market capitalization of $537.99 million and its recent quarterly earnings report matched analysts' estimates with earnings per share of $0.20.
• Analysts have mixed ratings for Repay, with a consensus rating of "Hold" and a target price of $7.22, reflecting recent adjustments from various financial institutions.

Inspire Investing LLC acquired a new position in shares of Repay Holdings Corporation (NASDAQ:RPAY - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 62,029 shares of the company's stock, valued at approximately $346,000. Inspire Investing LLC owned approximately 0.06% of Repay at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of RPAY. Spire Wealth Management increased its holdings in shares of Repay by 52.5% during the first quarter. Spire Wealth Management now owns 7,610 shares of the company's stock worth $42,000 after buying an additional 2,620 shares in the last quarter. Teacher Retirement System of Texas acquired a new stake in shares of Repay during the first quarter worth approximately $61,000. PharVision Advisers LLC acquired a new stake in shares of Repay during the fourth quarter worth approximately $114,000. Bfsg LLC increased its holdings in shares of Repay by 40.5% during the first quarter. Bfsg LLC now owns 23,410 shares of the company's stock worth $130,000 after buying an additional 6,750 shares in the last quarter. Finally, Fox Run Management L.L.C. acquired a new stake in shares of Repay during the first quarter worth approximately $139,000. Institutional investors and hedge funds own 82.73% of the company's stock.

Analyst Ratings Changes

Several analysts have recently weighed in on RPAY shares. Keefe, Bruyette & Woods raised their price objective on shares of Repay from $5.00 to $5.75 and gave the stock a "market perform" rating in a report on Tuesday, August 12th. Wall Street Zen raised shares of Repay from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. Canaccord Genuity Group reissued a "buy" rating and set a $12.00 price target on shares of Repay in a research note on Friday, August 22nd. DA Davidson decreased their price target on shares of Repay from $12.00 to $10.00 and set a "buy" rating on the stock in a research note on Wednesday, August 13th. Finally, UBS Group increased their price target on shares of Repay from $4.50 to $5.75 and gave the company a "neutral" rating in a research note on Wednesday, August 13th. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, Repay has a consensus rating of "Hold" and a consensus target price of $7.22.

Repay Stock Down 0.5%

Repay stock opened at $5.89 on Monday. The firm has a market capitalization of $537.99 million, a PE ratio of -4.67 and a beta of 1.62. The company's 50-day moving average is $5.36 and its 200-day moving average is $5.07. Repay Holdings Corporation has a fifty-two week low of $3.59 and a fifty-two week high of $9.75. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.85 and a quick ratio of 0.85.

Repay (NASDAQ:RPAY - Get Free Report) last released its quarterly earnings data on Monday, August 11th. The company reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20. Repay had a negative net margin of 35.79% and a positive return on equity of 8.89%. The company had revenue of $75.63 million for the quarter, compared to analyst estimates of $74.24 million. During the same period in the previous year, the business earned $0.22 EPS. Repay's revenue for the quarter was up .9% compared to the same quarter last year. Sell-side analysts anticipate that Repay Holdings Corporation will post 0.72 earnings per share for the current year.

Repay Profile

Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.

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