WINTON GROUP Ltd Has $274,000 Stock Position in Paysign, Inc. (NASDAQ:PAYS)

WINTON GROUP Ltd raised its holdings in Paysign, Inc. (NASDAQ:PAYS) by 514.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 90,710 shares of the company’s stock after buying an additional 75,959 shares during the quarter. WINTON GROUP Ltd owned 0.17% of Paysign worth $274,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sanctuary Advisors LLC lifted its position in shares of Paysign by 4.3% during the 3rd quarter. Sanctuary Advisors LLC now owns 121,089 shares of the company’s stock valued at $419,000 after acquiring an additional 5,000 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Paysign by 31.3% during the fourth quarter. Bank of New York Mellon Corp now owns 94,515 shares of the company’s stock valued at $285,000 after purchasing an additional 22,548 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Paysign by 164.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 63,247 shares of the company’s stock worth $232,000 after purchasing an additional 39,299 shares in the last quarter. Barclays PLC grew its stake in shares of Paysign by 327.4% in the 3rd quarter. Barclays PLC now owns 47,090 shares of the company’s stock valued at $173,000 after buying an additional 36,071 shares during the period. Finally, BNP Paribas Financial Markets increased its position in Paysign by 257.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 44,793 shares of the company’s stock valued at $164,000 after buying an additional 32,245 shares in the last quarter. 25.89% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

PAYS has been the subject of a number of research reports. Barrington Research reissued an “outperform” rating and issued a $7.00 price objective on shares of Paysign in a research note on Wednesday, March 26th. DA Davidson reissued a “buy” rating and issued a $6.00 price target on shares of Paysign in a research report on Wednesday, March 26th. Finally, Lake Street Capital initiated coverage on shares of Paysign in a research note on Friday, December 20th. They set a “buy” rating and a $6.00 price target for the company.

Insider Activity at Paysign

In other Paysign news, CEO Mark Newcomer sold 100,000 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $2.73, for a total value of $273,000.00. Following the completion of the sale, the chief executive officer now owns 8,936,886 shares in the company, valued at approximately $24,397,698.78. This trade represents a 1.11 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Topline Capital Partners, Lp sold 154,982 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $3.06, for a total value of $474,244.92. Following the completion of the transaction, the insider now owns 5,456,146 shares in the company, valued at $16,695,806.76. The trade was a 2.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 468,816 shares of company stock valued at $1,409,662 over the last ninety days. Corporate insiders own 23.40% of the company’s stock.

Paysign Stock Down 0.9 %

Shares of Paysign stock opened at $2.13 on Monday. Paysign, Inc. has a 52 week low of $2.10 and a 52 week high of $5.59. The business has a 50 day moving average price of $2.62 and a 200-day moving average price of $3.21. The company has a market cap of $114.48 million, a PE ratio of 14.20 and a beta of 0.93.

Paysign (NASDAQ:PAYS) last released its quarterly earnings results on Tuesday, March 25th. The company reported $0.02 EPS for the quarter, meeting analysts’ consensus estimates of $0.02. The business had revenue of $15.61 million during the quarter, compared to analyst estimates of $15.42 million. Paysign had a return on equity of 30.64% and a net margin of 14.28%. As a group, research analysts anticipate that Paysign, Inc. will post 0.21 EPS for the current year.

Paysign Profile

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.