Paysign, Inc. (NASDAQ:PAYS - Get Free Report) was up 0.9% during mid-day trading on Monday . The company traded as high as $5.58 and last traded at $5.45. Approximately 469,486 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 882,896 shares. The stock had previously closed at $5.40.
Analysts Set New Price Targets
A number of analysts have recently issued reports on PAYS shares. LADENBURG THALM/SH SH increased their price objective on shares of Paysign from $7.25 to $8.25 and gave the stock a "buy" rating in a research note on Friday, May 9th. DA Davidson set a $9.00 price objective on shares of Paysign in a research note on Thursday, August 7th. Finally, Lake Street Capital increased their price objective on shares of Paysign from $9.00 to $10.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $8.56.
Check Out Our Latest Research Report on PAYS
Paysign Price Performance
The stock's 50-day moving average is $6.80 and its two-hundred day moving average is $4.31. The stock has a market cap of $282.05 million, a P/E ratio of 43.17 and a beta of 0.78.
Paysign (NASDAQ:PAYS - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02). Paysign had a return on equity of 19.32% and a net margin of 9.90%.The company had revenue of $19.08 million for the quarter, compared to the consensus estimate of $18.69 million. Paysign has set its Q3 2025 guidance at EPS. FY 2025 guidance at 0.100-0.120 EPS. On average, analysts anticipate that Paysign, Inc. will post 0.21 EPS for the current fiscal year.
Insider Activity
In related news, CFO Jeffery Bradford Baker sold 30,396 shares of the company's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $7.09, for a total transaction of $215,507.64. Following the completion of the transaction, the chief financial officer owned 252,273 shares in the company, valued at approximately $1,788,615.57. This represents a 10.75% 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. Also, insider Matthew Louis Lanford sold 26,367 shares of the company's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $7.09, for a total transaction of $186,942.03. Following the transaction, the insider owned 147,364 shares of the company's stock, valued at approximately $1,044,810.76. This represents a 15.18% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 265,602 shares of company stock valued at $1,651,775 in the last quarter. Company insiders own 22.40% of the company's stock.
Hedge Funds Weigh In On Paysign
Institutional investors have recently bought and sold shares of the business. Two Sigma Investments LP lifted its position in Paysign by 98.8% during the fourth quarter. Two Sigma Investments LP now owns 181,775 shares of the company's stock valued at $549,000 after purchasing an additional 90,346 shares during the last quarter. Millennium Management LLC lifted its position in Paysign by 123.6% during the fourth quarter. Millennium Management LLC now owns 325,334 shares of the company's stock valued at $983,000 after purchasing an additional 179,814 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Paysign by 51.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 267,899 shares of the company's stock valued at $809,000 after purchasing an additional 90,702 shares during the last quarter. GSA Capital Partners LLP lifted its position in Paysign by 38.3% during the first quarter. GSA Capital Partners LLP now owns 271,781 shares of the company's stock valued at $576,000 after purchasing an additional 75,311 shares during the last quarter. Finally, 1248 Management LLC bought a new position in Paysign during the fourth quarter valued at $2,778,000. Institutional investors own 25.89% of the company's stock.
About Paysign
(
Get Free Report)
Paysign, Inc provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and government institutions. Its product offerings include solutions for corporate rewards, prepaid gift cards, general purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments and pharmaceutical payment assistance, and demand deposit accounts accessible with a debit card.
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