Paysign (NASDAQ:PAYS) Stock Jumps 7.1% - Here's Why

Key Points

• Paysign shares jumped 7.1% to about $14.44, supported by bullish analyst actions. Lake Street Capital and DA Davidson raised their price targets to $15, while the consensus rating remains “Buy” with a $15 target.
• The company recently beat quarterly expectations, reporting $0.11 in earnings per share versus a $0.06 estimate and revenue of $28.25 million versus $26.36 million expected. Paysign issued fiscal 2026 EPS guidance of $0.35–$0.37.
• Despite institutional purchases, insiders sold 444,904 shares worth approximately $5.3 million over the past quarter, while insiders retain 24.5% ownership of the company.

Paysign, Inc. (NASDAQ:PAYS - Get Free Report)'s share price shot up 7.1% on Thursday. The company traded as high as $14.27 and last traded at $14.44. Approximately 201,540 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 702,574 shares. The stock had previously closed at $13.48.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on PAYS shares. Lake Street Capital upped their price objective on Paysign from $13.00 to $15.00 and gave the stock a "buy" rating in a research report on Tuesday, September 15th. Weiss Ratings raised Paysign from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, July 29th. Wall Street Zen downgraded shares of Paysign from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 16th. DA Davidson boosted their target price on Paysign from $12.00 to $15.00 and gave the company a "buy" rating in a report on Wednesday. Finally, Barrington Research set a $15.00 price target on Paysign in a research note on Tuesday, August 11th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $15.00.

Paysign Stock Up 7.4%

The stock has a fifty day moving average price of $12.18 and a 200-day moving average price of $8.59. The firm has a market cap of $817.09 million, a price-to-earnings ratio of 55.77 and a beta of 0.80.

Paysign (NASDAQ:PAYS - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.05. The firm 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 30.13% and a net margin of 15.67%.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, research analysts expect that Paysign, Inc. will post 0.58 earnings per share for the current year.

Insiders Place Their Bets

In other Paysign news, CFO Jeffery Baker sold 35,000 shares of the business's stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $12.62, for a total transaction of $441,700.00. Following the sale, the chief financial officer directly owned 542,171 shares in the company, valued at approximately $6,842,198.02. The trade was a 6.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Joan M. Herman sold 38,900 shares of the company's stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $11.74, for a total transaction of $456,686.00. Following the transaction, the executive vice president directly owned 609,421 shares in the company, valued at approximately $7,154,602.54. This trade represents a 6.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 444,904 shares of company stock worth $5,328,124 over the last quarter. 24.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Legal & General Group Plc acquired a new stake in shares of Paysign in the 2nd quarter worth approximately $35,000. EFG International AG acquired a new stake in Paysign in the second quarter valued at $68,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Paysign by 381.5% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company's stock worth $51,000 after buying an additional 7,825 shares during the last quarter. Quantbot Technologies LP acquired a new stake in Paysign in the 2nd quarter valued at about $97,000. Finally, The Manufacturers Life Insurance Company purchased a new position in Paysign during the 2nd quarter valued at about $100,000. 25.89% of the stock is currently owned by institutional investors and hedge funds.

Paysign Company Profile

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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