Paysign (PAYS) CEO Newcomer Mark Sells $767K of Stock
CEO Mark Newcomer sold 50,000 shares of Paysign, Inc. for $766,895 on October 9, 2026.
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Newcomer Mark, CEO at Paysign, Inc. ($PAYS), sold 50,000 shares at an average price of $15.34, worth about $766,895, on October 9, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $PAYS is down 3.7% after 1 week and down 3.7% to date (from the $15.37 close on Oct 9, 2026).
Key Points
- On October 9, 2026, Mark Newcomer sold 50,000 shares of Paysign, Inc. at a price of $15.34 each, totaling $766,895.
- The stock recently traded around $15.41, which is above its 50-day moving average of $13.39 and its 200-day moving average of $7.79.
- Paysign has a market cap of about $835.6 million and is scheduled to report its next earnings on November 9, 2026.
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CEO Mark Newcomer sold 50,000 shares of Paysign, Inc. (NasdaqCM: PAYS) on October 9, 2026, for a total of $766,895 at an average price of $15.34 per share. This sale was made under a planned transaction.
Inside Newcomer's Trade
Mark Newcomer's recent sale adds to a series of insider transactions at Paysign. This is the first sale he has made since August 2026, when other executives also sold shares. The stock's performance remains strong, with Newcomer’s sale occurring while shares were recently trading at about $15.41.
Other Institutional Activity in Paysign
In recent months, several institutional investors have adjusted their positions in Paysign. Blackrock Inc. increased its stake by 727,590 shares, bringing its total to 3,079,208 shares valued at approximately $45.6 million. Meanwhile, Vanguard Capital Management LLC added 111,438 shares, totaling 1,597,278 shares worth about $23.6 million. In contrast, Thompson, Siegel & Walmsley LLC reduced its holdings by 253,032 shares, now holding 1,413,848 shares valued at around $20.9 million.
Paysign, Inc. Stock Down 1.2%
As of October 16, 2026, Paysign shares are trading around $15.41, which is above both its 50-day moving average of $13.39 and its 200-day moving average of $7.79. However, the stock is slightly below its 52-week high of $15.80, indicating some room for growth. Investors may find the stock appealing as it trades above its mean price target of $14.10.
Recent Earnings
For the trailing twelve months, Paysign reported revenue of about $100.6 million, reflecting a year-over-year growth of 48.1%. The company's earnings per share (EPS) stand at $0.27, and it has a return on equity (ROE) of 30.8%. The next earnings report is expected on November 9, 2026.
Insider Buying and Selling at Paysign, Inc.
In addition to Newcomer's sale, other insiders have also traded shares recently. Chief Financial Officer Jeffery Bradford Baker sold 35,000 shares on August 12, 2026, at an average price of $12.62, totaling $441,637. On September 9, 2026, Officer Michael Ngo sold 150,000 shares, valued at approximately $1.9 million, and Officer and Director Joan M. Herman sold 59,904 shares on September 16, 2026, valued at about $716,899.
Analysts Set New Price Targets
On September 30, 2026, DA Davidson maintained a Buy rating for Paysign with a target price of $15.00, up from a prior target of $12.00. Lake Street also maintained a Buy rating with a target of $15.00 on September 15, 2026. The current analyst consensus sees a mean price target of $14.10 with five analysts covering the stock.
About Paysign, Inc.
Paysign, Inc. specializes in prepaid card programs and integrated payment processing services. It serves businesses and government institutions across the U.S. The recent insider trades highlight ongoing confidence from management in the company's future performance.
Bottom Line
Watch for Paysign's next earnings report on November 9, 2026, which will provide further insights into its financial health. The recent insider transactions, including Newcomer's planned sale, may indicate management's strategy and outlook for the company.
Source: Newcomer Mark's Form 4 filing on $PAYS (Oct 9, 2026). Find the original filing: PAYS Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
