Paysign (NASDAQ:PAYS) EVP Joan Herman Sells 6,667 Shares

Key Points

• Paysign EVP Joan Herman sold 6,667 shares on May 4 at an average price of $7.01 under a pre-arranged Rule 10b5-1 plan, reducing her stake by 0.80% to 831,583 shares (≈$5.83M).
• Shares traded at $6.53 (down $0.22) with a market cap of $360.4M, a 12‑month range of $2.28–$8.88, a P/E of 50.23, and 50-/200‑day moving averages near $4.97/$4.88.
• Analysts have a Moderate Buy consensus with a $9.42 target; Paysign missed Q1 EPS ($0.02 vs. $0.03 estimate) but beat revenue ($22.76M vs. $21.54M), and institutional ownership is about 25.9% with several recent small purchases.

Paysign, Inc. (NASDAQ:PAYS - Get Free Report) EVP Joan Herman sold 6,667 shares of the stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $7.01, for a total transaction of $46,735.67. Following the completion of the transaction, the executive vice president directly owned 831,583 shares of the company's stock, valued at approximately $5,829,396.83. The trade was a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paysign Stock Performance

Shares of PAYS traded down $0.22 on Wednesday, reaching $6.53. The stock had a trading volume of 493,704 shares, compared to its average volume of 674,670. Paysign, Inc. has a 12-month low of $2.28 and a 12-month high of $8.88. The firm has a market capitalization of $360.39 million, a price-to-earnings ratio of 50.23 and a beta of 0.72. The company has a 50-day simple moving average of $4.97 and a 200-day simple moving average of $4.88.

Paysign (NASDAQ:PAYS - Get Free Report) last posted its quarterly earnings data on Tuesday, March 24th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.01). Paysign had a return on equity of 17.19% and a net margin of 9.21%.The firm had revenue of $22.76 million during the quarter, compared to the consensus estimate of $21.54 million. On average, analysts expect that Paysign, Inc. will post 0.52 EPS for the current fiscal year.

Institutional Investors Weigh In On Paysign

Several large investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in Paysign during the 2nd quarter valued at approximately $30,000. BNP Paribas Financial Markets grew its holdings 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 purchasing an additional 3,453 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in Paysign by 381.5% in 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 during the last quarter. Jane Street Group LLC bought a new stake in Paysign in the first quarter worth $51,000. Finally, SG Americas Securities LLC bought a new position in Paysign during the fourth quarter valued at $52,000. 25.89% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Weiss Ratings reissued a "hold (c)" rating on shares of Paysign in a report on Tuesday, April 21st. DA Davidson reissued a "buy" rating and set a $9.00 price target on shares of Paysign in a report on Thursday, March 26th. Wall Street Zen raised Paysign from a "hold" rating to a "buy" rating in a research note on Monday, March 30th. Finally, Lake Street Capital boosted their price target on Paysign from $10.00 to $11.00 and gave the stock a "buy" rating in a report on Wednesday, March 25th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $9.42.

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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