Paysign (NASDAQ:PAYS) CTO Bradley Kramer Cunningham Sells 3,000 Shares of Stock

Key Points

• Paysign CTO Bradley Kramer Cunningham sold 3,000 shares at an average price of $7.80, totaling $23,400. The sale covered tax-withholding obligations tied to vested equity awards and reduced his direct holdings by 0.85% to 348,631 shares.
• Paysign shares recently rose 3.8% to $13.45, near the company’s 52-week high of $14.43. The company also exceeded quarterly earnings and revenue expectations, reporting $0.11 EPS and $28.25 million in revenue.
• Analysts maintain a generally positive outlook, with an average “Buy” rating and a $13.33 price target. Institutional investors own 25.89% of the company, with several major funds increasing their stakes.

Paysign, Inc. (NASDAQ:PAYS - Get Free Report) CTO Bradley Kramer Cunningham sold 3,000 shares of Paysign stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $7.80, for a total transaction of $23,400.00. Following the completion of the sale, the chief technology officer directly owned 348,631 shares in the company, valued at $2,719,321.80. This trade represents a 0.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Paysign Stock Up 3.8%

Paysign stock traded up $0.49 during trading on Friday, hitting $13.45. The stock had a trading volume of 934,286 shares, compared to its average volume of 698,242. The stock's 50 day moving average is $10.57 and its two-hundred day moving average is $7.34. Paysign, Inc. has a 1 year low of $3.08 and a 1 year high of $14.43. The stock has a market cap of $759.39 million, a price-to-earnings ratio of 51.73 and a beta of 0.80.

Paysign (NASDAQ:PAYS - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.05. Paysign had a return on equity of 30.13% and a net margin of 15.67%.The business 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. As a group, equities research analysts anticipate that Paysign, Inc. will post 0.58 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in PAYS. Dimensional Fund Advisors LP lifted its holdings in shares of Paysign by 16.8% in the first quarter. Dimensional Fund Advisors LP now owns 575,619 shares of the company's stock worth $3,396,000 after buying an additional 82,736 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Paysign by 17.4% in the first quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company's stock valued at $9,033,000 after acquiring an additional 227,300 shares during the period. OneDigital Investment Advisors LLC purchased a new position in Paysign during the second quarter valued at approximately $877,000. Royce & Associates LP grew its stake in Paysign by 25.0% during the fourth quarter. Royce & Associates LP now owns 778,183 shares of the company's stock valued at $4,008,000 after acquiring an additional 155,606 shares in the last quarter. Finally, Walleye Capital LLC bought a new stake in Paysign during the 1st quarter worth approximately $1,110,000. Institutional investors own 25.89% of the company's stock.

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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