Paysign CEO Mark Newcomer sells $468,985 in stock By Investing.com

Mark Newcomer, CEO, Director, and a 10% owner of Paysign, Inc. (), sold 50,000 shares of the company’s common stock on July 29, 2026. The transactions totaled $468,985.

The shares were sold at prices ranging from $9.3720 to $9.39 per share. The stock currently trades at $8.96, down from the sale price, though shares have surged 115% over the past six months. According to InvestingPro analysis, the stock appears overvalued relative to its Fair Value, placing it among companies on the Most Overvalued list. This sale was executed pursuant to a Rule 10b5-1 trading plan, which Mr. Newcomer adopted on September 12, 2025. Following these transactions, Mr. Newcomer directly holds 9,222,027 shares of Paysign, Inc. common stock. For deeper insights into PAYS’s valuation and performance, InvestingPro offers 11 additional ProTips plus a comprehensive Pro Research Report covering this and 1,400+ other US equities.

In other recent news, Paysign Inc. reported impressive first-quarter results for 2026, surpassing both earnings and revenue forecasts. The company achieved an earnings per share (EPS) of $0.09, which is 80% higher than the expected $0.05. Revenue reached $28.04 million, exceeding the forecast of $27 million. Additionally, Paysign’s total revenue grew by 51% year-over-year, while adjusted EBITDA rose by 113% during the same period. Following these strong earnings results, DA Davidson reiterated a Buy rating for Paysign with a price target of $9.00. These developments highlight Paysign’s robust performance in the recent quarter.

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