PaySign (PAYS)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	110.57 mm	110.57 mm	110.57 mm	110.57 mm	110.57 mm	110.57 mm
Cash burn (monthly)	7.66 mm	(no burn)	(no burn)	(no burn)	6.72 mm	(no burn)
Cash used (since last report)	38.77 mm	n/a	n/a	n/a	34.04 mm	n/a
Cash remaining	71.79 mm	n/a	n/a	n/a	76.52 mm	n/a
Runway (months of cash)	9.4	n/a	n/a	n/a	11.4	n/a

Beta Read what these cash burn values mean

Financial data from PaySign earnings reports.

Institutional ownership, Q3 2024

PAYS institutional ownership history Ownership history

32.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	91	73	+24.7%
Opened positions	26	26	–
Closed positions	8	9	-11.1%
Increased positions	26	24	+8.3%
Reduced positions	21	13	+61.5%

13F shares	Current	Prev Q	Change
Total value	40.73 bn	42.11 bn	-3.3%
Total shares	17.51 mm	15.38 mm	+13.9%
Total puts	14.30 k	22.90 k	-37.6%
Total calls	184.50 k	191.00 k	-3.4%
Total put/call ratio	0.1	0.1	-35.4%

Largest owners	Shares	Value	Change
Topline Capital Management	6.09 mm	$22.23 mm	+13.7%
BlackRock	2.27 mm	$8.32 bn	NEW
Vanguard	1.79 mm	$6.57 bn	+2.5%
Renaissance Technologies	1.35 mm	$4.96 bn	-10.1%
Geode Capital Management	761.93 k	$2.80 bn	-0.2%
STT State Street	530.04 k	$1.95 bn	+0.5%
Kestra Advisory Services	402.78 k	$1.48 bn	NEW
Joule Financial	402.78 k	$1.48 bn	NEW
AMP Ameriprise Financial	262.32 k	$962.70 mm	0.0%
NTRS Northern Trust	262.20 k	$962.27 mm	+4.2%

Largest transactions	Shares	Bought/sold	Change
BlackRock	2.27 mm	+2.27 mm	NEW
BLK BlackRock	0.00	-2.19 mm	EXIT
Topline Capital Management	6.09 mm	+733.36 k	+13.7%
Kestra Advisory Services	402.78 k	+402.78 k	NEW
Joule Financial	402.78 k	+402.78 k	NEW
Royce & Associates	221.71 k	+221.71 k	NEW
EAM Investors	47.81 k	-170.44 k	-78.1%
GS The Goldman Sachs Group, Inc.	210.35 k	+163.84 k	+352.2%
Renaissance Technologies	1.35 mm	-151.96 k	-10.1%
Susquehanna International	10.81 k	-104.55 k	-90.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PAYS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
24 Feb 25	Newcomer Mark	Common Stock	Sell	Dispose S	No	Yes	2.7278	100,000	272.78 k	8,936,886
23 Jan 25	Newcomer Mark	Common Stock	Sell	Dispose S	No	Yes	2.8451	12,000	34.14 k	9,036,886
22 Jan 25	Newcomer Mark	Common Stock	Sell	Dispose S	No	Yes	2.8798	27,000	77.75 k	9,048,886
21 Jan 25	Newcomer Mark	Common Stock	Sell	Dispose S	No	Yes	2.8867	61,000	176.09 k	9,075,886
14 Jan 25	Topline Capital Partners	Common Stock	Sell	Dispose S	No	No	3.24	120,000	388.80 k	5,336,146
14 Jan 25	Topline Capital Management	Common Stock	Sell	Dispose S	Yes	No	3.24	120,000	388.80 k	5,336,146
13 Jan 25	Topline Capital Partners	Common Stock	Sell	Dispose S	No	No	3.06	154,982	474.24 k	5,456,146
13 Jan 25	Topline Capital Management	Common Stock	Sell	Dispose S	Yes	No	3.06	154,982	474.24 k	5,456,146
31 Dec 24	Topline Capital Management	Common Stock	Sell	Dispose S	Yes	No	3.03	20,834	63.13 k	5,611,128
30 Dec 24	Topline Capital Management	Common Stock	Sell	Dispose S	Yes	No	3.07	227,084	697.15 k	5,631,962

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Lake Street Initiates Coverage On PaySign with Buy Rating, Announces Price Target of $6

20 Dec 24

Lake Street initiates coverage on PaySign (NASDAQ:PAYS) with a Buy rating and announces Price Target of $6.

Press releases

From Benzinga Pro

Paysign to Host Fourth Quarter and Full Year 2024 Earnings Call

27 Feb 25

Paysign, Inc. (NASDAQ: PAYS), a leading provider of prepaid card programs, comprehensive patient affordability offerings, digital banking services and integrated payment processing, will discuss fourth quarter and full

Paysign Announces 2024 Performance Analysis of Patient Affordability Solutions

4 Feb 25

Proprietary Feature Demonstrates Advanced Accuracy in Mitigating Copay Maximizers Paysign, Inc. (NASDAQ: PAYS), a leading provider of patient affordability solutions, financial technology products, and integrated