{
  "id": 14584567,
  "title": "Paysign CEO Mark Newcomer sells $766,895 of PAYS stock",
  "url": "https://urgent.news/2026/10/15/paysign-ceo-mark-newcomer-sells-766-895-of-pays-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T01:31:03.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/paysign-ceo-mark-newcomer-sells-766895-of-pays-stock-93CH-4950373"
  },
  "original_language": "en",
  "account": "Paysign CEO Mark Newcomer, a 10% owner of the company, sold 50,000 shares of PAYS stock on October 9, 2026, generating $766,895 in proceeds. The transaction occurred within a pre-established Rule 10b5-1 trading plan adopted in September 2025. The stock was sold at prices between $15.3301 and $15.3410, averaging $15.3379 per share. This move coincided with Paysign's stock hovering near its 52-week high of $15.62, following a 168% increase over the previous year. InvestingPro analysts suggest the stock is currently overvalued compared to its Fair Value, potentially influencing Mr. Newcomer's decision to decrease his stake. After the sale, he retains 9,113,002 shares of Paysign. Mr. Newcomer's ownership remains substantial, but this sale indicates a shift in his position. Meanwhile, Paysign Inc. reported impressive second-quarter 2026 earnings, exceeding expectations. The company reported $0.11 earnings per share on $28.25 million in revenue, surpassing estimates of $0.06 per share and $26.35 million in sales. Following this strong performance, Paysign raised its full-year guidance, marking a second consecutive quarter of beating projections. Additionally, investment firm DA Davidson increased its price target for Paysign shares from $12.00 to $15.00, maintaining a Buy rating after conducting a thorough analysis of the Patient Affordability sector and engaging in discussions with the company's leadership.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "President and CEO Alison Moore sells $8,619 in Codexis stock",
        "url": "https://urgent.news/2026/10/14/president-and-ceo-alison-moore-sells-8-619-in-codexis-stock",
        "published": "2026-10-14T22:16:17.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}