Jeffery Bradford Baker Sells 35,000 Shares of Paysign (NASDAQ:PAYS) Stock

Paysign, Inc. (NASDAQ:PAYS) CFO Jeffery Bradford Baker sold 35,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $12.62, for a total transaction of $441,700.00. Following the completion of the sale, the chief financial officer directly owned 542,171 shares in the company, valued at approximately $6,842,198.02. The trade was a 6.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Paysign Stock Performance

NASDAQ PAYS opened at $13.17 on Friday. Paysign, Inc. has a fifty-two week low of $3.08 and a fifty-two week high of $13.25. The firm has a market capitalization of $743.58 million, a P/E ratio of 50.66 and a beta of 0.74. The stock has a 50-day simple moving average of $8.87 and a two-hundred day simple moving average of $6.40.

Paysign (NASDAQ:PAYS) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.05. Paysign had a return on equity of 30.13% and a net margin of 15.67%.The company had revenue of $28.25 million during the quarter, compared to analysts’ expectations of $26.36 million. 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, analysts forecast that Paysign, Inc. will post 0.58 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on PAYS. Lake Street Capital reiterated a “buy” rating and set a $13.00 target price on shares of Paysign in a research report on Thursday, August 6th. DA Davidson boosted 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. Wall Street Zen lowered shares of Paysign from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Barrington Research set a $15.00 target price on shares of Paysign in a research note on Tuesday. Finally, Weiss Ratings raised Paysign from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $13.33.

Institutional Investors Weigh In On Paysign

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Topline Capital Management LLC raised its stake in Paysign by 1.6% during the second quarter. Topline Capital Management LLC now owns 5,421,737 shares of the company’s stock worth $39,037,000 after purchasing an additional 85,591 shares during the period. BlackRock Inc. purchased a new position in Paysign in the second quarter worth approximately $25,219,000. Punch & Associates Investment Management Inc. raised its position in Paysign by 40.7% in the first quarter. Punch & Associates Investment Management Inc. now owns 2,058,210 shares of the company’s stock valued at $12,143,000 after purchasing an additional 595,650 shares during the period. Vanguard Group Inc. lifted its stake in shares of Paysign by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 1,820,371 shares of the company’s stock valued at $11,450,000 after purchasing an additional 29,150 shares during the last quarter. Finally, Renaissance Technologies LLC raised its holdings in Paysign by 17.4% in the 1st quarter. Renaissance Technologies LLC now owns 1,531,072 shares of the company’s stock valued at $9,033,000 after buying an additional 227,300 shares during the period. Institutional investors and hedge funds own 25.89% of the company’s stock.

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.