Repay Holdings Co. (NASDAQ:RPAY) Holdings Increased by Bfsg LLC

Bfsg LLC boosted its holdings in Repay Holdings Co. (NASDAQ:RPAY) by 29.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,660 shares of the company’s stock after buying an additional 3,830 shares during the quarter. Bfsg LLC’s holdings in Repay were worth $127,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Blue Trust Inc. lifted its position in Repay by 340.0% in the 3rd quarter. Blue Trust Inc. now owns 3,586 shares of the company’s stock worth $29,000 after buying an additional 2,771 shares in the last quarter. R Squared Ltd acquired a new position in Repay during the 4th quarter worth $36,000. Point72 DIFC Ltd acquired a new stake in shares of Repay in the third quarter valued at about $99,000. Entropy Technologies LP bought a new position in shares of Repay in the third quarter worth about $109,000. Finally, Creative Planning acquired a new stake in Repay in the 3rd quarter valued at approximately $115,000. Institutional investors own 82.73% of the company’s stock.

Insider Buying and Selling

In other news, CFO Timothy John Murphy sold 57,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $8.25, for a total value of $470,250.00. Following the sale, the chief financial officer now directly owns 450,879 shares in the company, valued at approximately $3,719,751.75. This represents a 11.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 11.00% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on RPAY. Keefe, Bruyette & Woods reduced their price target on shares of Repay from $9.00 to $8.00 and set a “market perform” rating for the company in a report on Monday, January 6th. Canaccord Genuity Group reiterated a “buy” rating and issued a $13.00 target price on shares of Repay in a research note on Thursday, February 13th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $12.33.

Repay Price Performance

NASDAQ:RPAY opened at $7.40 on Thursday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.70 and a current ratio of 2.70. The company has a 50-day moving average of $7.58 and a 200-day moving average of $7.95. Repay Holdings Co. has a 52 week low of $7.08 and a 52 week high of $11.27. The company has a market capitalization of $722.46 million, a price-to-earnings ratio of -8.51 and a beta of 1.43.

About Repay

Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.