Jeffery Bradford Baker Sells 27,691 Shares of PaySign, Inc. (NASDAQ:PAYS) Stock

PaySign, Inc. (NASDAQ:PAYSGet Free Report) CFO Jeffery Bradford Baker sold 27,691 shares of the business’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $2.87, for a total value of $79,473.17. Following the transaction, the chief financial officer now directly owns 157,097 shares in the company, valued at approximately $450,868.39. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

PaySign Trading Down 3.5 %

NASDAQ PAYS traded down $0.10 on Monday, reaching $2.78. 152,359 shares of the company were exchanged, compared to its average volume of 138,427. PaySign, Inc. has a fifty-two week low of $1.67 and a fifty-two week high of $3.99. The business’s fifty day moving average price is $2.89 and its 200 day moving average price is $2.40. The stock has a market capitalization of $146.65 million, a P/E ratio of 92.70 and a beta of 1.06.

Analysts Set New Price Targets

Separately, TheStreet raised PaySign from a “d+” rating to a “c-” rating in a research note on Wednesday, January 3rd.

Check Out Our Latest Report on PaySign

Hedge Funds Weigh In On PaySign

Large investors have recently modified their holdings of the business. Acadian Asset Management LLC lifted its stake in shares of PaySign by 51.0% in the 2nd quarter. Acadian Asset Management LLC now owns 105,397 shares of the company’s stock valued at $257,000 after purchasing an additional 35,590 shares during the last quarter. Portside Wealth Group LLC lifted its stake in shares of PaySign by 33.7% in the 3rd quarter. Portside Wealth Group LLC now owns 33,740 shares of the company’s stock valued at $68,000 after purchasing an additional 8,508 shares during the last quarter. American International Group Inc. acquired a new position in shares of PaySign in the 2nd quarter valued at $39,000. Royce & Associates LP acquired a new position in shares of PaySign in the 2nd quarter valued at $40,000. Finally, Walleye Capital LLC acquired a new position in shares of PaySign in the 2nd quarter valued at $29,000. Institutional investors and hedge funds own 19.39% of the company’s stock.

About PaySign

(Get Free Report)

PaySign, Inc provides prepaid card products and processing services under the PaySign brand for corporate, consumer, and government applications. It offers various services, such as transaction processing, cardholder enrollment, value loading, cardholder account management, reporting, and customer service through PaySign, a card processing platform.

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Insider Buying and Selling by Quarter for PaySign (NASDAQ:PAYS)

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