AWM Investment Company Inc. Acquires New Position in Paysign, Inc. $PAYS

Key Points

• AWM Investment Company acquired 800,965 Paysign shares worth approximately $6.56 million, giving it a 1.42% stake. Institutional investors collectively own 25.89% of the company.
• Analysts maintain a bullish outlook, with a consensus “Buy” rating and average price target of $13.33. Paysign recently exceeded quarterly expectations, reporting $0.11 EPS and $28.25 million in revenue.
• Paysign shares opened at $14.14, near their 52-week high of $14.43, while insiders have sold 384,202 shares worth roughly $3.87 million over the past 90 days.

AWM Investment Company Inc. bought a new position in Paysign, Inc. (NASDAQ:PAYS - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 800,965 shares of the company's stock, valued at approximately $6,560,000. AWM Investment Company Inc. owned approximately 1.42% of Paysign as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of PAYS. EFG International AG purchased a new stake in shares of Paysign during the 2nd quarter valued at approximately $68,000. Canada Pension Plan Investment Board purchased a new position in Paysign in the 2nd quarter valued at approximately $251,000. Legal & General Group Plc purchased a new position in Paysign in the 2nd quarter valued at approximately $35,000. The Manufacturers Life Insurance Company purchased a new position in Paysign in the 2nd quarter valued at approximately $100,000. Finally, Algert Global LLC bought a new stake in Paysign during the 2nd quarter valued at $129,000. Institutional investors own 25.89% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Barrington Research set a $15.00 target price on Paysign in a research note on Tuesday, August 11th. Lake Street Capital reaffirmed a "buy" rating and set a $13.00 target price on shares of Paysign in a report on Thursday, August 6th. Weiss Ratings upgraded Paysign from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, July 29th. DA Davidson increased their price target on shares of Paysign from $9.00 to $12.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Finally, Wall Street Zen lowered shares of Paysign from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 16th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $13.33.

Insider Transactions at Paysign

In other news, Director Bruce A. Mina sold 10,000 shares of the business's stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $7.09, for a total value of $70,900.00. Following the completion of the sale, the director directly owned 258,500 shares in the company, valued at approximately $1,832,765. The trade was a 3.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Joan M. Herman sold 100,000 shares of the company's stock in a transaction 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 of the company's stock, valued at $5,663,142.09. This trade represents a 12.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 384,202 shares of company stock valued at $3,869,216 over the last 90 days. Company insiders own 24.50% of the company's stock.

Paysign Stock Up 3.6%

Paysign stock opened at $14.14 on Wednesday. Paysign, Inc. has a 52 week low of $3.08 and a 52 week high of $14.43. The business has a 50-day simple moving average of $9.83 and a 200 day simple moving average of $6.88. The stock has a market cap of $798.34 million, a price-to-earnings ratio of 54.39 and a beta of 0.74.

Paysign (NASDAQ:PAYS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.06 by $0.05. The firm had revenue of $28.25 million during the quarter, compared to the consensus estimate of $26.36 million. Paysign had a return on equity of 30.13% and a net margin of 15.67%.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, research analysts anticipate that Paysign, Inc. will post 0.58 earnings per share for the current 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.

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