Paysign Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqCM:PAYS Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
14 Jan 25	SellUS$863,045	Topline Capital Management, LLC	Company	274,982	US$3.24
31 Dec 24	SellUS$1,525,504	Topline Capital Management, LLC	Company	479,105	US$3.31
08 Nov 24	SellUS$100,327	Matthew Lanford	Individual	25,360	US$3.96
30 Sep 24	SellUS$375,780	Daniel Spence	Individual	100,000	US$3.76
27 Sep 24	SellUS$360,500	Daniel Spence	Individual	100,000	US$3.61
05 Aug 24	SellUS$71,988	Joan Herman	Individual	15,854	US$4.54
05 Aug 24	SellUS$133,224	Matthew Lanford	Individual	29,340	US$4.54
05 Aug 24	SellUS$134,813	Robert Strobo	Individual	29,690	US$4.54
05 Aug 24	SellUS$154,529	Jeffery Baker	Individual	34,032	US$4.54
05 Aug 24	SellUS$316,001	Mark Newcomer	Individual	69,593	US$4.54
14 May 24	BuyUS$5,801	Bruce Mina	Individual	1,206	US$4.81

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of PAYS?
Owner Type	Number of Shares	Ownership Percentage
Hedge Funds	5,336,146	9.93%
Institutions	13,772,082	25.6%
General Public	14,796,106	27.5%
Individual Insiders	19,843,340	36.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 66.32% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
16.6%	Mark Newcomer	8,936,886	US$18.2m	-2.19%	no data
9.93%	Topline Capital Management, LLC	5,336,146	US$10.9m	-4.9%	2.17%
8.74%	Elaine Spence	4,695,000	US$9.6m	0%	no data
7.99%	Daniel Spence	4,295,000	US$8.8m	-52.8%	no data
4.38%	BlackRock, Inc.	2,356,686	US$4.8m	3.97%	no data
3.34%	The Vanguard Group, Inc.	1,795,320	US$3.7m	0.33%	no data
2.79%	Renaissance Technologies LLC	1,501,622	US$3.1m	11%	no data
1.71%	1248 Management, LLC	920,000	US$1.9m	0%	0.91%
1.49%	Joan Herman	799,743	US$1.6m	0%	no data
1.42%	Geode Capital Management, LLC	763,869	US$1.6m	0.25%	no data
0.98%	State Street Global Advisors, Inc.	528,237	US$1.1m	-0.34%	no data
0.75%	Joule Financial, LLC	404,019	US$824.2k	0.76%	0.3%
0.75%	Kestra Advisory Services, LLC	400,969	US$818.0k	-0.45%	no data
0.64%	Citadel Advisors LLC	341,719	US$697.1k	788%	no data
0.61%	Millennium Management LLC	325,334	US$663.7k	124%	no data
0.51%	Northern Trust Global Investments	274,005	US$559.0k	4.5%	no data
0.5%	Dimensional Fund Advisors LP	267,899	US$546.5k	51.2%	no data
0.5%	Columbia Management Investment Advisers, LLC	266,070	US$542.8k	1.43%	no data
0.44%	Bruce Mina	238,500	US$486.5k	0%	no data
0.43%	Dennis Triplett	230,000	US$469.2k	0%	no data
0.41%	Jeffery Baker	218,669	US$446.1k	16.9%	no data
0.39%	Robert Strobo	209,811	US$428.0k	0%	no data
0.37%	GSA Capital Partners LLP	196,470	US$400.8k	67.9%	0.04%
0.34%	Two Sigma Investments, LP	181,775	US$370.8k	98.8%	no data
0.3%	Marshall Wace LLP	161,846	US$330.2k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/14 08:40
End of Day Share Price	2025/04/14 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Paysign, Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Gary Prestopino	Barrington Research Associates, Inc.
Mark Palmer	BTIG
Austin Moldow	Canaccord Genuity