Jacob Hamilton Moore Sells 26,385 Shares of Repay (NASDAQ:RPAY) Stock

Key Points

• Jacob Hamilton Moore, EVP of Repay Holdings Corporation, sold 26,385 shares at an average price of $5.89, resulting in a total transaction of approximately $155,407.65.
• Following the sale, Moore retained 193,532 shares, which are valued at about $1,139,903.48, reflecting a 12.00% decrease in his holdings.
• Repay recently reported a quarterly earnings of $0.20 EPS, meeting analyst expectations, with revenue up by 0.9% year-over-year, totaling $75.63 million.

Repay Holdings Corporation (NASDAQ:RPAY - Get Free Report) EVP Jacob Hamilton Moore sold 26,385 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $5.89, for a total transaction of $155,407.65. Following the sale, the executive vice president owned 193,532 shares in the company, valued at approximately $1,139,903.48. The trade was a 12.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Repay Stock Down 5.2%

Shares of NASDAQ:RPAY traded down $0.30 during trading on Friday, reaching $5.45. 1,299,419 shares of the stock traded hands, compared to its average volume of 684,617. Repay Holdings Corporation has a 52-week low of $3.59 and a 52-week high of $9.75. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a 50-day moving average of $5.43 and a two-hundred day moving average of $5.05. The stock has a market cap of $497.80 million, a P/E ratio of -4.33 and a beta of 1.62.

Repay (NASDAQ:RPAY - Get Free Report) last issued its earnings results on Monday, August 11th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. Repay had a negative net margin of 35.79% and a positive return on equity of 8.89%. The company had revenue of $75.63 million for the quarter, compared to analysts' expectations of $74.24 million. During the same quarter last year, the company posted $0.22 earnings per share. The firm's quarterly revenue was up .9% on a year-over-year basis. As a group, sell-side analysts expect that Repay Holdings Corporation will post 0.72 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Canaccord Genuity Group restated a "buy" rating and issued a $12.00 target price on shares of Repay in a report on Friday, August 22nd. Wall Street Zen upgraded shares of Repay from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. UBS Group lifted their price target on shares of Repay from $4.50 to $5.75 and gave the stock a "neutral" rating in a research note on Wednesday, August 13th. DA Davidson dropped their price target on shares of Repay from $12.00 to $10.00 and set a "buy" rating on the stock in a research note on Wednesday, August 13th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Repay from $5.00 to $5.75 and gave the stock a "market perform" rating in a research note on Tuesday, August 12th. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $7.22.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Spire Wealth Management increased its holdings in Repay by 52.5% in the 1st quarter. Spire Wealth Management now owns 7,610 shares of the company's stock valued at $42,000 after acquiring an additional 2,620 shares during the last quarter. Focus Partners Advisor Solutions LLC bought a new stake in Repay in the 2nd quarter valued at $49,000. EverSource Wealth Advisors LLC increased its holdings in Repay by 224.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 10,433 shares of the company's stock valued at $50,000 after acquiring an additional 7,217 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Repay in the 2nd quarter valued at $56,000. Finally, Pallas Capital Advisors LLC bought a new stake in Repay in the 2nd quarter valued at $57,000. Hedge funds and other institutional investors own 82.73% of the company's stock.

About Repay

Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.