Paysign (NASDAQ:PAYS) Insider Michael Ngo Sells 70,075 Shares

Paysign, Inc. (NASDAQ:PAYS) insider Michael Ngo sold 70,075 shares of Paysign stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $12.85, for a total value of $900,463.75. Following the completion of the transaction, the insider owned 2,429,925 shares in the company, valued at approximately $31,224,536.25. This represents a 2.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Paysign Trading Up 2.4%

NASDAQ PAYS opened at $13.34 on Friday. The firm has a market cap of $753.18 million, a PE ratio of 51.31 and a beta of 0.80. Paysign, Inc. has a 1-year low of $3.08 and a 1-year high of $14.43. The stock has a 50-day moving average of $11.07 and a 200-day moving average of $7.69.

Paysign (NASDAQ:PAYS) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.05. The business had revenue of $28.25 million for the quarter, compared to analyst estimates 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, equities research analysts forecast that Paysign, Inc. will post 0.58 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Paysign

Several institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its stake in Paysign by 16.8% in the first quarter. Dimensional Fund Advisors LP now owns 575,619 shares of the company’s stock worth $3,396,000 after buying an additional 82,736 shares in the last quarter. Renaissance Technologies LLC boosted its position in Paysign by 17.4% during the 1st quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company’s stock valued at $9,033,000 after acquiring an additional 227,300 shares in the last quarter. OneDigital Investment Advisors LLC purchased a new position in shares of Paysign during the 2nd quarter worth approximately $877,000. Bank of America Corp DE grew its holdings in shares of Paysign by 345.9% during the 1st quarter. Bank of America Corp DE now owns 130,930 shares of the company’s stock worth $772,000 after acquiring an additional 101,568 shares during the period. Finally, Walleye Capital LLC bought a new position in shares of Paysign in the 1st quarter worth approximately $1,110,000. Hedge funds and other institutional investors own 25.89% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Lake Street Capital restated a “buy” rating and issued a $13.00 target price on shares of Paysign in a report on Thursday, August 6th. Weiss Ratings upgraded shares of Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. Barrington Research set a $15.00 price target on shares of Paysign in a research report on Tuesday, August 11th. Wall Street Zen cut shares of Paysign from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 16th. Finally, DA Davidson raised their price target on shares of Paysign from $9.00 to $12.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Paysign presently has an average rating of “Buy” and an average price target of $13.33.

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.