2 weeks Ago By ABMN Staff
Rhumbline Advisers increased its position in Paysign, Inc. ( NASDAQ:PAYS – Free Report ) by 25.1% in the 2nd quarter, Holdings Channel reports.
The firm owned 35,835 shares of the company’s stock after buying an additional 7,190 shares during the period. Rhumbline Advisers’ holdings in Paysign were worth $154,000 as of its most recent filing with the SEC. Several other large investors have also modified their holdings of the company.
Owls Nest Partners IA LLC increased its position in Paysign by 1.5% in the 4th quarter. Owls Nest Partners IA LLC now owns 261,661 shares of the company’s stock valued at $733,000 after acquiring an additional 3,853 shares during the period.
Norden Group LLC boosted its holdings in Paysign by 38.7% during the first quarter. Norden Group LLC now owns 14,883 shares of the company’s stock worth $54,000 after buying an additional 4,151 shares in the last quarter.
Bank of New York Mellon Corp boosted its stake in shares of Paysign by 5.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 85,964 shares of the company’s stock worth $371,000 after acquiring an additional 4,248 shares in the last quarter.
BNP Paribas Financial Markets boosted its position in shares of Paysign by 49.7% in the 1st quarter. BNP Paribas Financial Markets now owns 39,452 shares of the company’s stock worth $144,000 after buying an additional 13,093 shares in the last quarter.
Finally, Bridge City Capital LLC increased its holdings in Paysign by 17.9% during the 1st quarter. Bridge City Capital LLC now owns 102,401 shares of the company’s stock valued at $375,000 after acquiring an additional 15,549 shares in the last quarter.
25.89% of the stock is owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth Separately, Barrington Research reiterated an “outperform” rating and set a $7.
00 price objective on shares of Paysign in a report on Friday, June 28th. Paysign Stock Down 8.1 % PAYS opened at $3.
86 on Monday. Paysign, Inc. has a 52-week low of $1.
67 and a 52-week high of $5.59. The company has a market cap of $204.
50 million, a P/E ratio of 29.69 and a beta of 0.96.
The company has a 50 day moving average of $4.63 and a two-hundred day moving average of $4.38.
Paysign ( NASDAQ:PAYS – Get Free Report ) last posted its earnings results on Wednesday, July 31st. The company reported $0.01 EPS for the quarter.
The business had revenue of $14.33 million for the quarter, compared to analysts’ expectations of $14.07 million.
Paysign had a net margin of 14.42% and a return on equity of 32.55%.
Research analysts anticipate that Paysign, Inc. will post 0.21 earnings per share for the current year.
Insiders Place Their Bets In other news, CEO Mark Newcomer sold 69,593 shares of the stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $4.54, for a total transaction of $315,952.
22. Following the completion of the transaction, the chief executive officer now directly owns 9,548,886 shares in the company, valued at approximately $43,351,942.44.
The transaction was disclosed in a document filed with the SEC, which is accessible through this link . In other Paysign news, EVP Joan M. Herman sold 15,854 shares of the stock in a transaction that occurred on Monday, August 5th.
The stock was sold at an average price of $4.54, for a total transaction of $71,977.16.
Following the transaction, the executive vice president now owns 799,743 shares of the company’s stock, valued at approximately $3,630,833.22. The transaction was disclosed in a document filed with the SEC, which is available at this link .
Also, CEO Mark Newcomer sold 69,593 shares of Paysign stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $4.54, for a total value of $315,952.
22. Following the completion of the transaction, the chief executive officer now owns 9,548,886 shares of the company’s stock, valued at approximately $43,351,942.44.
The disclosure for this sale can be found here . Insiders have sold 202,169 shares of company stock worth $903,227 in the last three months. 23.
40% of the stock is owned by insiders. Paysign Company Profile ( Free Report ) Paysign, Inc provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and government institutions. Its product offerings include solutions for corporate rewards, prepaid gift cards, general purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments and pharmaceutical payment assistance, and demand deposit accounts accessible with a debit card.
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