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PAYS Paysign, Inc. Insider Trading

5 filings analyzed · Latest 2025-06-16
Insider buys
2
Insider sells
3
Unique insiders
4
Direction
Net selling

Historically, medium-priority insider buys have outperformed the S&P 500 by a median ~1% over the 30 days after filing — the edge is concentrated in that first month (n ≈ 7,520, 2022-2026). Past results don't predict the future. How we measure this ↗

June 2025
2025-06-16
medium
10,084 shares
$50,000
@ $4.96
Significance 5/10

Director Henry Daniel R buys 10,084 shares of PAYS at $4.96; holds 129.9K shares post-transaction; stock up 42.0% in 30 days.

Director Henry Daniel R purchased 10,084 shares at $4.96, a discretionary open-market transaction that increased his stake from 119.8K to 129.9K shares (+8.4% relative to prior holdings). The purchase occurs in the context of strong recent price momentum—PAYS has rallied +42.0% over the past 30 days and +110.7% over 90 days—and is priced 6.6% below the 52-week high of $5.48. The company's fundamentals show $18.6M in quarterly revenue with $2.6M net income and 23.5% annual revenue growth, though the elevated P/E of 46.55 reflects the market's valuation premium. While this is the director's second open-market purchase of PAYS, his cross-ticker track record shows limited sample size (1 prior buy with a 30-day return of +42.1%), and prior transaction outcomes at this ticker are not yet measurable at the 90-day mark, leaving the timing and conviction signal ambiguous rather than confirmatory.

2025-06-02
medium
CEO
168,307 shares
$758,927
@ $4.51
Significance 4/10

CEO Mark Newcomer sold 168,307 shares at $4.51 blended avg for $758,927.10; 1.9% of holdings; stock up 89.3% in 30 days.

CEO Mark Newcomer executed 2 separate sales totaling 168,307 shares for $758,927.10 in late May–early June, reducing his stake to 8,768,579 shares (1.9% of pre-transaction holdings). The sales occurred at a blended average price of $4.51, slightly above the current market price of $4.41. Notable context: the stock has gained 89.3% over the past 30 days and 82.2% over 90 days, trading 19.5% below its 52-week high of $5.48. PAYS reported strong fundamentals with latest-quarter revenue of $18,598,149.00, net income of $2,586,100.00, and annual revenue growth of 23.5%. The transaction magnitude represents a modest reduction in the CEO's position and occurs against a backdrop of significant recent appreciation, warranting monitoring of whether additional insider activity or guidance changes accompany this sale.

May 2025
2025-05-28
high
19,800 shares
$67,716
@ $3.42
Significance 6/10

Director Henry Daniel R acquired 19,800 shares of PAYS at $3.42; holdings jump 24.8% to 99,800 shares total.

Henry Daniel R, a director, purchased 19,800 shares at $3.42 on 2025-05-14, increasing his stake from 80,000 to 99,800 shares—a 24.8% increase in holdings. The purchase occurred when the stock was trading significantly below its 52-week high of $5.48, and the company is reporting solid fundamentals with annual revenue growth of 23.5% and net income of $2.6M in the latest quarter. This discrete open-market acquisition by a board member represents a material addition to personal holdings and occurs in a growth-stage fintech company with positive earnings, though the current P/E ratio of 39.55 reflects elevated market expectations relative to near-term profitability.

December 2024
2024-12-31
medium
479,105 shares
$1,525,504
@ $3.18
Significance 4/10

Topline Capital Partners sells 479,105 PAYS shares across 3 trades (Dec 27-31) for $1,525,503.87 at blended $3.18; holdings fall to 5.61M shares

Topline Capital Partners, a 10% shareholder, executed 3 separate sales totaling 479,105 shares for $1,525,503.87 between December 27–31, 2024, reducing holdings by 7.9% to 5.61M shares. The sales occurred at prices ranging from $3.03 to $3.31, with a blended average of $3.18, while the current price stands at $3.02—below the transaction range. The stock has declined 10.9% over 30 days and 17.6% over 90 days, trading 44.9% below its 52-week high of $5.48. On the broader context, the company shows positive fundamentals (Revenue $15.3M, net income $1.4M, +24.3% annual revenue growth, P/E 20.13) but the insider's historical pattern across all tickers shows modest cross-ticker results (17 prior buys averaging +5.0% 90-day return; 3 prior sells). The filing itself reflects a liquidation of less than 8% of a major stake rather than a complete exit, leaving the filer as a substantial shareholder.

2024-12-31
high
479,105 shares
$1,525,504
@ $3.18
Significance 6/10

Topline Capital Management sold 479,105 shares of PAYS across 3 trades (Dec 27–31) for $1,525,503.87 at avg $3.18; stock now $3.02, down 44.9% from 52-week high.

Topline Capital Management executed 3 separate sales totaling 479,105 shares for $1,525,503.87 between December 27 and December 31, reducing its stake in Paysign from 6,090,233 shares to 5,611,128 shares (a 7.9% reduction). The blended average sale price was $3.18; the stock currently trades at $3.02, down 44.9% from its 52-week high of $5.48 and down 10.9% over the prior 30 days. The insider's cross-ticker track record shows prior sales averaging a 90-day return of +5.0% (a 41.67% win rate), indicating those past sales occurred before subsequent stock appreciation—a pattern of poorly-timed exits. Against this backdrop of negative price momentum and the insider's historical difficulty with sale timing, the scale and recency of this position reduction warrant investor attention to whether market conditions or company fundamentals have shifted.

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