Paysign, Inc. $PAYS Shares Acquired by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors increased its Paysign stake by 16.8% in the first quarter, purchasing 82,736 shares to own 575,619 shares, or about 1.04% of the company. Institutional investors collectively hold 25.89% of Paysign.
• Paysign insiders sold 371,736 shares worth approximately $3.59 million over the past three months, including sales by Director Bruce A. Mina and EVP Joan M. Herman. Company insiders retain a 24.50% ownership stake.
• Analyst sentiment remains positive, with a consensus “Buy” rating and a $13.33 average price target. The company recently beat quarterly estimates, reporting $0.11 in EPS and $28.25 million in revenue, while shares opened at $12.80 near their 52-week high.

Dimensional Fund Advisors LP increased its stake in shares of Paysign, Inc. (NASDAQ:PAYS - Free Report) by 16.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 575,619 shares of the company's stock after purchasing an additional 82,736 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.04% of Paysign worth $3,396,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of Paysign during the 2nd quarter worth about $30,000. BNP Paribas Financial Markets raised its position in shares of Paysign by 99.8% in the third quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company's stock valued at $43,000 after buying an additional 3,453 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Paysign during the first quarter valued at approximately $51,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Paysign by 381.5% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company's stock valued at $51,000 after buying an additional 7,825 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in Paysign during the fourth quarter worth approximately $52,000. Institutional investors and hedge funds own 25.89% of the company's stock.

Insider Buying and Selling

In related news, Director Bruce A. Mina sold 10,000 shares of the stock in a transaction on Thursday, June 11th. The stock was 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. This represents a 3.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Joan M. Herman sold 100,000 shares of the firm's stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $8.01, for a total value of $801,000.00. Following the completion of the transaction, the executive vice president directly owned 707,009 shares in the company, valued at $5,663,142.09. This trade represents a 12.39% 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 three months, insiders sold 371,736 shares of company stock valued at $3,585,479. Company insiders own 24.50% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on PAYS shares. Barrington Research set a $15.00 target price on shares of Paysign in a research note on Tuesday. Weiss Ratings raised Paysign from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, July 29th. DA Davidson raised their price objective on Paysign from $9.00 to $12.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Lake Street Capital reaffirmed a "buy" rating and issued a $13.00 price objective on shares of Paysign in a research report on Thursday, August 6th. Finally, Wall Street Zen upgraded Paysign from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 8th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $13.33.

Paysign Stock Performance

NASDAQ PAYS opened at $12.80 on Thursday. The firm has a market capitalization of $722.69 million, a price-to-earnings ratio of 49.23 and a beta of 0.74. Paysign, Inc. has a one year low of $3.08 and a one year high of $12.89. The company's 50 day moving average price is $8.62 and its 200 day moving average price is $6.29.

Paysign (NASDAQ:PAYS - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.05. Paysign had a net margin of 15.67% and a return on equity of 31.70%. The company had revenue of $28.25 million during the quarter, compared to the consensus estimate 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. Sell-side analysts forecast that Paysign, Inc. will post 0.58 EPS for the current fiscal year.

About Paysign

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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