Paysign (PAYS) Evp, Operations Joan Herman Sells $801K of Stock

Joan Herman, Executive Vice President of Operations at PAYS, sold 100,000 shares of the company on June 26, 2026, as part of a planned transaction. The shares were sold at an average price of $8.01, bringing the total value to about $801,000.

Insider Buying and Selling at Paysign, Inc.

In addition to Joan Herman's recent sale, several other insiders have been active at PAYS. Chief Financial Officer Jeffery Bradford sold 44,541 shares at $7.27 on May 29, 2026, while Chief Legal Officer Robert Strobo sold 39,235 shares at $7.11 on May 27, 2026. CEO Mark Newcomer also sold 78,701 shares at $6.15 on May 20, 2026. These transactions were not part of pre-planned sales.

Other Institutional Activity in PAYS

Institutional activity around PAYS has been mixed. Topline Capital Management trimmed its holdings by 865,227 shares, now holding about 4.64 million shares valued at $27.37 million. BlackRock reduced its stake slightly by 27,056 shares, ending with approximately 2.35 million shares worth $13.87 million. In contrast, Punch & Associates Investment Management significantly increased its position by 595,650 shares, totaling 2.06 million shares valued at $12.14 million. Vanguard Capital Management opened a new position with 1.49 million shares valued at $8.77 million.

Paysign, Inc. Stock Down 47.5%

Shares of PAYS traded near $8.19 on Wednesday. The stock has seen varied activity, with insider selling and institutional adjustments influencing its performance. Despite this, analysts maintain a positive outlook.

Analysts Set New Price Targets

On May 13, 2026, DA Davidson maintained its buy rating on PAYS with a price target of $9. Lake Street also kept its buy rating, setting a higher target of $11. These ratings reflect a continued confidence in PAYS's potential despite recent insider selling.

About PAYS

PAYS is a company involved in the financial sector, focusing on payment solutions. It offers a range of services designed to streamline payment processes for businesses. The company is headquartered in the United States and operates under the leadership of CEO Mark Newcomer.

Bottom Line

Joan Herman's sale of PAYS shares is a planned transaction that adds to a series of insider activities at the company. Investors often track these moves to gauge executive confidence in the business. The recent analyst ratings suggest a positive outlook, with price targets indicating potential growth. As always, it's important to remember that insider transactions and 13F filings are backward-looking and may not reflect the current position of the company or its insiders.