Joan Herman Sells 22,534 Shares of Paysign (NASDAQ:PAYS) Stock

Paysign, Inc. (NASDAQ:PAYS) EVP Joan Herman sold 22,534 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $7.01, for a total value of $157,963.34. Following the sale, the executive vice president directly owned 813,989 shares of the company’s stock, valued at approximately $5,706,062.89. This represents a 2.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paysign Stock Up 1.1%

Shares of NASDAQ PAYS traded up $0.08 during mid-day trading on Friday, hitting $7.27. 476,052 shares of the company traded hands, compared to its average volume of 864,095. Paysign, Inc. has a 1 year low of $3.08 and a 1 year high of $8.88. The stock has a market capitalization of $406.47 million, a price-to-earnings ratio of 42.76 and a beta of 0.72. The business has a 50 day moving average of $5.95 and a two-hundred day moving average of $5.00.

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Weiss Ratings raised Paysign from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 14th. DA Davidson reaffirmed a “buy” rating and set a $9.00 price target on shares of Paysign in a research note on Wednesday, May 13th. Wall Street Zen raised Paysign from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Finally, Lake Street Capital upped their price objective on shares of Paysign from $10.00 to $11.00 and gave the stock a “buy” rating in a report on Wednesday, March 25th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $10.00.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Topline Capital Management LLC increased its position in Paysign by 0.4% in the 3rd quarter. Topline Capital Management LLC now owns 5,445,188 shares of the company’s stock worth $34,250,000 after buying an additional 23,451 shares during the period. Punch & Associates Investment Management Inc. increased its position in Paysign by 40.7% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 2,058,210 shares of the company’s stock worth $12,143,000 after buying an additional 595,650 shares during the period. Vanguard Group Inc. increased its position in Paysign by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 1,820,371 shares of the company’s stock worth $11,450,000 after buying an additional 29,150 shares during the period. Renaissance Technologies LLC increased its position in Paysign by 17.4% in the 1st quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company’s stock worth $9,033,000 after buying an additional 227,300 shares during the period. Finally, Thompson Siegel & Walmsley LLC increased 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 worth $7,508,000 after buying an additional 187,767 shares during the period. 25.89% of the stock is owned by institutional investors.

About Paysign

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.