Paysign CEO Mark Newcomer sells $1.78m in common stock By Investing.com

Mark Newcomer, CEO and a 10% owner of Paysign, Inc. (), sold 150,000 shares of the company’s common stock on August 6, 2026. The transactions were executed at prices ranging from $11.2444 to $12.4641 per share, with a weighted average price of $11.8757. The total value of the shares sold amounted to $1,781,355.

The sale was conducted pursuant to a Rule 10b5-1 trading plan, which Mr. Newcomer adopted on September 12, 2025. Following these transactions, Mr. Newcomer directly beneficially owns 9,163,002 shares of Paysign common stock. He also serves as a director on the company’s board.The insider sale comes as Paysign shares trade near their 52-week high of $13.25, following a remarkable 289% surge over the past six months. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value, placing it among stocks on the Most Overvalued list. InvestingPro offers 16 additional tips for PAYS, plus comprehensive Pro Research Reports covering over 1,400 US equities with actionable intelligence for smarter investing decisions.

In other recent news, Paysign Inc. reported impressive second-quarter 2026 earnings, surpassing Wall Street expectations. The company achieved earnings of $0.11 per share on revenue of $28.25 million, exceeding the anticipated $0.06 per share and $26.35 million in revenue. This marks the second consecutive quarter of outperformance for Paysign, as noted by its management. Additionally, Paysign raised its full-year outlook following these record results. These developments come amidst a period of strong performance for the company. Analyst commentary on Paysign’s recent performance has been positive, but no specific upgrades or downgrades were mentioned in the context provided. As investors digest these results, Paysign’s future outlook appears promising according to its management.

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