Joan Herman Sells Paysign, Inc. Shares Worth $801,000

Joan Herman, the Executive Vice President of Operations at Paysign, Inc. (NasdaqCM: PAYS), sold 100,000 shares of the company on June 26, 2026. This planned transaction brought in approximately $801,000, with the shares sold at an average price of $8.01 each.

Insider Buying and Selling at Paysign, Inc.

On June 26, 2026, Joan Herman, EVP of Operations at Paysign, Inc., executed a planned sale of 100,000 shares at an average price of $8.01, totaling around $801,000. This is part of a series of insider transactions, including sales by other executives like Chief Financial Officer Jeffery Bradford Baker, who sold 44,541 shares on May 29, 2026, at $7.27 each, and Chief Legal Officer Robert Strobo, who sold 39,235 shares on May 27, 2026, at $7.11 each.

Other Institutional Activity in Paysign, Inc.

Topline Capital Management reduced its Paysign holdings by 865,227 shares, ending with 4,639,061 shares valued at approximately $27.37 million, a 15.7% decrease. Meanwhile, Punch & Associates Investment Management increased its stake by 595,650 shares to a total of 2,058,210 shares worth about $12.14 million, reflecting a 40.7% increase. Thompson Siegel & Walmsley also boosted its position by 209,009 shares, bringing its total to 1,666,950 shares valued at $9.84 million, a 14.3% increase.

Paysign, Inc. Stock Down 34.3%

Shares of Paysign, Inc. traded near $8.19 on Wednesday. The company, with a market cap of $457.9 million, has a P/E ratio of 48.18 and a forward P/E of 18.76. Paysign's stock has experienced a 52-week low of $3.08 and a high of $8.88. The stock's 50-day moving average is $6.78, while the 200-day moving average sits at $5.37. Paysign has a current ratio of 1.12 and a quick ratio of 0.46, with a debt-to-equity ratio of 10.76.

Analysts Set New Price Targets

On May 13, 2026, DA Davidson maintained its buy rating on Paysign, Inc., setting a price target of $9.00. This aligns with Lake Street's previous target of $11.00 set on March 25, 2026. Overall, Paysign holds a strong buy consensus, with an average price target of $9.95 from five analyst opinions.

About Paysign, Inc.

Paysign, Inc. is a technology company based in Henderson, Nevada, specializing in prepaid card programs and digital banking solutions. It offers a range of services including corporate rewards, prepaid gift cards, and payment processing for businesses and government institutions. Under the leadership of CEO Mark R. Newcomer, Paysign employs 226 people and serves various sectors with its financial technology solutions.

Bottom Line

Joan Herman's recent stock sale is part of a series of insider transactions at Paysign, Inc. Investors often monitor such activities to gauge insider sentiment. Paysign's stock performance and institutional activities reflect ongoing interest in its financial technology services. As always, it's important for investors to remember that insider transactions are disclosed after they occur and may not indicate future stock performance.