Paysign (NASDAQ:PAYS) Sees Large Volume Increase on Better-Than-Expected Earnings

Key Points

• Paysign exceeded quarterly expectations, reporting EPS of $0.11 versus the $0.06 consensus and revenue of $28.25 million versus $26.36 million. The company guided for fiscal 2026 EPS of $0.350–$0.370 and third-quarter EPS of $0.090–$0.100.
• Shares surged to $12.411 from a prior close of $9.59 as trading volume rose 19% to 798,576 shares. Analysts maintain a consensus “Buy” rating, with an average price target of $10.33.
• Insiders sold 221,736 shares worth approximately $1.8 million over the past 90 days, while institutional investors own 25.89% of the company and insiders retain a 24.50% stake.

Shares of Paysign, Inc. (NASDAQ:PAYS - Get Free Report) saw strong trading volume on Thursday after the company announced better than expected quarterly earnings. 798,576 shares changed hands during mid-day trading, an increase of 19% from the previous session's volume of 673,122 shares.The stock last traded at $12.4110 and had previously closed at $9.59.

The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.05. The business 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 21.74% and a net margin of 11.38%.Paysign has set its FY 2026 guidance at 0.350-0.370 EPS and its Q3 2026 guidance at 0.090-0.100 EPS.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on PAYS. Barrington Research set a $11.00 price objective on shares of Paysign in a research note on Monday. DA Davidson reaffirmed a "buy" rating and issued a $9.00 target price on shares of Paysign in a research note on Wednesday, May 13th. Weiss Ratings raised Paysign from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, July 29th. Finally, Wall Street Zen cut Paysign from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 13th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $10.33.

Insider Activity

In related news, CEO Mark Newcomer sold 50,000 shares of the firm's stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $9.38, for a total transaction of $469,000.00. Following the sale, the chief executive officer owned 9,222,027 shares in the company, valued at approximately $86,502,613.26. This trade represents a 0.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bruce A. Mina sold 10,000 shares of Paysign stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $7.09, for a total transaction of $70,900.00. Following the completion of the sale, the director directly owned 258,500 shares of the company's stock, valued at $1,832,765. The trade was a 3.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 221,736 shares of company stock valued at $1,803,479 over the last 90 days. Insiders own 24.50% of the company's stock.

Institutional Investors Weigh In On Paysign

Hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. increased its stake in Paysign by 7.3% in the first quarter. Goldman Sachs Group Inc. now owns 258,334 shares of the company's stock valued at $548,000 after purchasing an additional 17,466 shares during the last quarter. Jane Street Group LLC acquired a new stake in Paysign in the 1st quarter worth about $51,000. Rhumbline Advisers grew its holdings in Paysign by 5.2% in the 1st quarter. Rhumbline Advisers now owns 46,587 shares of the company's stock valued at $99,000 after buying an additional 2,303 shares during the period. Geode Capital Management LLC increased its stake in shares of Paysign by 1.6% during the 2nd quarter. Geode Capital Management LLC now owns 788,500 shares of the company's stock valued at $5,679,000 after acquiring an additional 12,490 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of Paysign by 19.1% during the 2nd quarter. Invesco Ltd. now owns 16,942 shares of the company's stock valued at $122,000 after acquiring an additional 2,716 shares during the last quarter. Institutional investors and hedge funds own 25.89% of the company's stock.

Paysign Stock Performance

The firm has a market capitalization of $685.63 million, a PE ratio of 73.59 and a beta of 0.74. The company's fifty day moving average price is $8.09 and its two-hundred day moving average price is $6.00.

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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