Paysign, Inc. $PAYS Shares Purchased by Punch & Associates Investment Management Inc.

Punch & Associates Investment Management Inc. raised its stake in shares of Paysign, Inc. (NASDAQ:PAYS) by 40.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,058,210 shares of the company’s stock after acquiring an additional 595,650 shares during the period. Punch & Associates Investment Management Inc.’s holdings in Paysign were worth $12,143,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Royce & Associates LP lifted its holdings in shares of Paysign by 25.0% during the fourth quarter. Royce & Associates LP now owns 778,183 shares of the company’s stock worth $4,008,000 after purchasing an additional 155,606 shares during the period. Thompson Siegel & Walmsley LLC grew its position in Paysign by 14.8% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 1,457,941 shares of the company’s stock valued at $7,508,000 after buying an additional 187,767 shares during the last quarter. Militia Capital Management LLC acquired a new position in Paysign in the 1st quarter valued at $471,000. State of Wyoming increased its stake in Paysign by 38.4% in the 1st quarter. State of Wyoming now owns 102,283 shares of the company’s stock valued at $603,000 after buying an additional 28,404 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its position in Paysign by 11.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 65,853 shares of the company’s stock worth $389,000 after buying an additional 6,717 shares during the last quarter. 25.89% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Paysign

In related news, EVP Joan M. Herman sold 100,000 shares of the business’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $8.01, for a total transaction of $801,000.00. Following the sale, the executive vice president owned 707,009 shares of the company’s stock, valued at approximately $5,663,142.09. The trade was a 12.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 158,403 shares of company stock valued at $1,239,315 in the last ninety days. 24.50% of the stock is owned by company insiders.

Paysign Stock Performance

Paysign stock opened at $8.69 on Friday. Paysign, Inc. has a one year low of $3.08 and a one year high of $9.30. The business has a fifty day moving average of $7.66 and a two-hundred day moving average of $5.76. The company has a market cap of $485.82 million, a P/E ratio of 51.12 and a beta of 0.72.

Paysign (NASDAQ:PAYS) last issued its earnings results on Tuesday, May 12th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. Paysign had a net margin of 11.38% and a return on equity of 21.74%. The company had revenue of $28.04 million for the quarter, compared to analyst estimates of $27.01 million. Paysign has set its Q2 2026 guidance at 0.060-0.070 EPS. Sell-side analysts predict that Paysign, Inc. will post 0.5 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. DA Davidson restated a “buy” rating and issued a $9.00 target price on shares of Paysign in a research note on Wednesday, May 13th. Weiss Ratings lowered shares of Paysign from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, July 14th. Finally, Wall Street Zen cut shares of Paysign from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 13th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $10.00.

Paysign Company Profile

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.