Paysign (NASDAQ:PAYS) EVP Joan Herman Sells 21,004 Shares

Key Points

• Paysign EVP Joan Herman sold 21,004 shares at an average price of $12.38, totaling approximately $260,030. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan and reduced her ownership by 3.14%.
• Paysign shares rose 5.1% to $12.42, near the company’s $14.43 one-year high. The stock has a market capitalization of approximately $701 million and trades at a P/E ratio of 47.77.
• The company recently exceeded quarterly earnings and revenue expectations, while analysts maintain a consensus “Buy” rating with an average price target of $14.00; FY 2026 EPS guidance is $0.350–$0.370.

Paysign, Inc. (NASDAQ:PAYS - Get Free Report) EVP Joan Herman sold 21,004 shares of the firm's stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $12.38, for a total value of $260,029.52. Following the completion of the sale, the executive vice president owned 648,321 shares of the company's stock, valued at approximately $8,026,213.98. This trade represents a 3.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paysign Trading Up 5.1%

Shares of Paysign stock traded up $0.60 during trading on Thursday, reaching $12.42. The company's stock had a trading volume of 899,844 shares, compared to its average volume of 745,622. The stock has a 50-day moving average price of $11.46 and a two-hundred day moving average price of $8.01. The stock has a market capitalization of $701.23 million, a P/E ratio of 47.77 and a beta of 0.80. Paysign, Inc. has a one year low of $3.08 and a one year high of $14.43.

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

Institutional Investors Weigh In On Paysign

A number of institutional investors have recently made changes to their positions in the stock. Legal & General Group Plc bought a new position in Paysign during the 2nd quarter worth approximately $35,000. Allspring Global Investments Holdings LLC raised its holdings in Paysign by 11.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 65,853 shares of the company's stock worth $389,000 after purchasing an additional 6,717 shares during the period. Caitong International Asset Management Co. Ltd boosted its position 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 worth $51,000 after purchasing an additional 7,825 shares in the last quarter. EFG International AG acquired a new position in shares of Paysign in the 2nd quarter valued at $68,000. Finally, Quantbot Technologies LP bought a new stake in shares of Paysign in the 2nd quarter valued at $97,000. 25.89% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on PAYS shares. Lake Street Capital lifted their target price on Paysign from $13.00 to $15.00 and gave the company a "buy" rating in a research note on Tuesday. DA Davidson raised their price target on Paysign from $9.00 to $12.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Barrington Research set a $15.00 price objective 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, August 16th. Finally, Weiss Ratings raised Paysign from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Paysign presently has a consensus rating of "Buy" and an average price target of $14.00.

About Paysign

Paysign, Inc is a financial technology company that provides payment and financial services primarily to the healthcare and pharmaceutical industries. Its platform supports prepaid card programs, digital payments and other disbursement solutions designed to help organizations distribute funds to individuals efficiently and securely.

The company's services include patient assistance programs that help eligible patients receive financial support for prescription medications and other healthcare costs.

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