Priority Technology (PRTH) Expected to Announce Earnings on Thursday

Key Points

• Priority Technology (NASDAQ:PRTH) is expected to report its Q2 2025 earnings on August 7th, with analysts projecting earnings of $0.25 per share and revenue of $239.63 million.
• The company's last quarterly earnings revealed a profit of $0.22 per share, surpassing expectations, although its revenue fell short of estimates at $224.63 million.
• Insider trading activity included a sale of 100,000 shares by General Counsel Bradley J. Miller, representing a 29.10% decrease in his position, which indicates significant movements within the company's ownership structure.

Priority Technology (NASDAQ:PRTH - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Thursday, August 7th. Analysts expect Priority Technology to post earnings of $0.25 per share and revenue of $239.63 million for the quarter. Priority Technology has set its FY 2025 guidance at EPS.

Priority Technology (NASDAQ:PRTH - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.12. The company had revenue of $224.63 million for the quarter, compared to the consensus estimate of $228.81 million. Priority Technology had a negative return on equity of 38.73% and a net margin of 3.01%. On average, analysts expect Priority Technology to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Priority Technology Price Performance

Shares of PRTH stock traded up $0.28 during trading hours on Monday, reaching $7.02. The company had a trading volume of 100,228 shares, compared to its average volume of 584,705. The company has a 50 day moving average of $7.83 and a 200 day moving average of $8.15. The firm has a market cap of $559.87 million, a price-to-earnings ratio of -63.82 and a beta of 1.51. Priority Technology has a 1-year low of $4.13 and a 1-year high of $12.47.

Insider Buying and Selling

In related news, Director Marietta Davis sold 9,433 shares of the business's stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $7.22, for a total value of $68,106.26. Following the completion of the sale, the director directly owned 75,136 shares in the company, valued at approximately $542,481.92. The trade was a 11.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, General Counsel Bradley J. Miller sold 100,000 shares of the business's stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $8.55, for a total value of $855,000.00. Following the completion of the sale, the general counsel owned 243,620 shares of the company's stock, valued at approximately $2,082,951. This trade represents a 29.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 66.20% of the company's stock.

Institutional Investors Weigh In On Priority Technology

Several institutional investors have recently made changes to their positions in PRTH. Rhumbline Advisers raised its position in Priority Technology by 10.2% during the first quarter. Rhumbline Advisers now owns 26,131 shares of the company's stock valued at $178,000 after purchasing an additional 2,425 shares in the last quarter. Strs Ohio acquired a new position in Priority Technology during the first quarter valued at approximately $46,000. NewEdge Advisors LLC raised its position in Priority Technology by 1,134.1% during the first quarter. NewEdge Advisors LLC now owns 15,759 shares of the company's stock valued at $107,000 after purchasing an additional 14,482 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Priority Technology by 25.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,030 shares of the company's stock valued at $89,000 after purchasing an additional 2,648 shares in the last quarter. Finally, AQR Capital Management LLC acquired a new position in Priority Technology during the first quarter valued at approximately $2,292,000. 11.52% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods dropped their price target on Priority Technology from $12.00 to $10.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 7th.

Priority Technology Company Profile

Priority Technology Holdings, Inc operates as a payment technology company in the United States. The company operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business (B2B) Payments, and Enterprise Payments. It offers SMB payments processing solutions for B2C transactions through independent sales organizations, financial institutions, independent software vendors, and other referral partners through its MX product suite, which includes MX Connect and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B and ACH.com, and others, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance to resellers and merchant clients using core payment processing.