Bradley Kramer Cunningham Sells 3,000 Shares of Paysign (NASDAQ:PAYS) Stock

by · The Markets Daily

Paysign, Inc. (NASDAQ:PAYS – Get Free Report) CTO Bradley Kramer Cunningham sold 3,000 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $7.80, for a total transaction of $23,400.00. Following the completion of the transaction, the chief technology officer directly owned 348,631 shares in the company, valued at approximately $2,719,321.80. The trade was a 0.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Paysign Stock Up 3.8%

Shares of PAYS stock traded up $0.49 on Friday, reaching $13.45. The company’s stock had a trading volume of 934,286 shares, compared to its average volume of 698,242. The company has a market capitalization of $759.39 million, a P/E ratio of 51.73 and a beta of 0.80. Paysign, Inc. has a 12-month low of $3.08 and a 12-month high of $14.43. The stock’s 50 day simple moving average is $10.57 and its 200-day simple moving average is $7.34.

Paysign (NASDAQ:PAYS – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.06 by $0.05. The business had revenue of $28.25 million during the quarter, compared to analysts’ expectations 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. Research analysts expect that Paysign, Inc. will post 0.58 EPS for the current year.

Analyst Ratings Changes

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

Read Our Latest Research Report on Paysign

Institutional Trading of Paysign

Institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in shares of Paysign in the second quarter worth approximately $30,000. California State Teachers Retirement System increased its stake in shares of Paysign by 114.4% in the second quarter. California State Teachers Retirement System now owns 4,038 shares of the company’s stock worth $33,000 after buying an additional 2,155 shares during the period. Legal & General Group Plc bought a new stake in Paysign during the 2nd quarter valued at $35,000. BNP Paribas Financial Markets raised its holdings in Paysign by 99.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company’s stock valued at $43,000 after buying an additional 3,453 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its position in Paysign by 381.5% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company’s stock valued at $51,000 after buying an additional 7,825 shares during the period. Hedge funds and other institutional investors own 25.89% of the company’s stock.

Paysign Company Profile

(Get Free Report)

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.

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