DA Davidson Reiterates Buy Rating on RPAY with $6 Target

DA Davidson analyst Peter Heckmann reiterated a buy rating on RPAY, setting a price target of $6. This reaffirmation was made on June 30, 2026. Shares of RPAY traded at approximately $4.26 on Tuesday.

Other Institutional Activity in RPAY

Forager Capital Management, LLC significantly increased its stake in RPAY, adding 5,252,111 shares to hold a total of 9,242,837 shares valued at about $24.03 million, marking a 131.6% increase. Veradace Capital Management LLC also boosted its holdings by 1,391,874 shares, ending with 7,192,304 shares worth approximately $18.70 million, reflecting a 24.0% rise. Meanwhile, BlackRock, Inc. slightly trimmed its position by 13,516 shares, bringing its total to 6,280,948 shares valued at $16.33 million, a minor decrease of 0.2%. Private Management Group Inc increased its stake by 662,610 shares, holding 6,075,102 shares valued at around $15.80 million, a 12.2% increase. American Century Companies Inc added 115,866 shares, now holding 4,087,521 shares worth $10.63 million, a 2.9% increase. AQR Capital Management LLC also made a significant addition of 2,240,148 shares, totaling 3,992,611 shares valued at $10.38 million, a 127.8% increase.

Repay Holdings Corporation Stock Up 12.3%

On Tuesday, RPAY shares were trading near $4.26. The stock has attracted attention due to its recent institutional activity and insider buying. RPAY's performance in the market has been closely watched, with its stock price fluctuating within a 52-week range that investors are keen to monitor.

Insider Buying and Selling at Repay Holdings Corporation

Several insiders made notable purchases of RPAY shares earlier this month. On June 10, Richard Thornburgh, Paul Garcia, Peter Kight, Maryann Goebel, and Emnet Legesse Rios each bought 50,295 shares. Additionally, on June 1, Richard Jason Watkin, President of KUBRA, acquired 833,333 shares. These transactions were not part of a pre-planned 10b5-1 trading plan.

Analysts Set New Price Targets

On June 30, 2026, DA Davidson's Peter Heckmann maintained a buy rating on RPAY with a $6 price target. Earlier in the month, on June 3, UBS also maintained a hold rating with a $4.25 target. The consensus among analysts shows a mix of buy and hold recommendations, with DA Davidson consistently supporting a buy stance, while Stephens & Co. recently downgraded their rating to hold.

Bottom Line

DA Davidson's reaffirmation of a buy rating on RPAY with a $6 price target highlights ongoing confidence in the company's potential. While shares traded at $4.26 on Tuesday, significant institutional and insider activity indicates strong interest. These analyst ratings and insider purchases provide investors with insights into current market sentiments, though it's important to remember that these are backward-looking analyses.