Repay Holdings Co. (NASDAQ:RPAY) EVP Sells $1,750,351.92 in Stock

Repay Holdings Co. (NASDAQ:RPAYGet Free Report) EVP Jacob Hamilton Moore sold 210,632 shares of Repay stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $8.31, for a total value of $1,750,351.92. Following the transaction, the executive vice president now directly owns 240,130 shares in the company, valued at $1,995,480.30. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Repay Stock Performance

Repay stock traded down $0.44 during midday trading on Friday, hitting $8.02. 1,050,580 shares of the company were exchanged, compared to its average volume of 898,564. The firm has a market capitalization of $815.07 million, a PE ratio of -8.63 and a beta of 1.44. Repay Holdings Co. has a fifty-two week low of $5.63 and a fifty-two week high of $11.27. The business has a fifty day simple moving average of $9.09 and a two-hundred day simple moving average of $9.75. The company has a debt-to-equity ratio of 0.52, a quick ratio of 3.83 and a current ratio of 3.83.

Repay (NASDAQ:RPAYGet Free Report) last posted its earnings results on Thursday, August 8th. The company reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. The firm had revenue of $74.91 million for the quarter, compared to analyst estimates of $76.28 million. Repay had a positive return on equity of 8.34% and a negative net margin of 29.01%. Repay’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period last year, the company earned $0.14 earnings per share. On average, sell-side analysts forecast that Repay Holdings Co. will post 0.74 earnings per share for the current year.

Institutional Trading of Repay

Institutional investors have recently bought and sold shares of the business. Spire Wealth Management acquired a new stake in Repay in the fourth quarter valued at approximately $34,000. Quest Partners LLC purchased a new position in shares of Repay in the fourth quarter valued at approximately $56,000. Squarepoint Ops LLC purchased a new position in shares of Repay in the second quarter valued at approximately $142,000. ProShare Advisors LLC lifted its position in shares of Repay by 8.5% in the first quarter. ProShare Advisors LLC now owns 14,908 shares of the company’s stock valued at $164,000 after acquiring an additional 1,174 shares in the last quarter. Finally, Diversified Trust Co lifted its position in shares of Repay by 15.5% in the second quarter. Diversified Trust Co now owns 17,856 shares of the company’s stock valued at $189,000 after acquiring an additional 2,391 shares in the last quarter. 82.73% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on RPAY shares. Benchmark reissued a “buy” rating and issued a $13.00 price target on shares of Repay in a report on Tuesday, August 13th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $11.00 price target on shares of Repay in a report on Wednesday, July 3rd. Barclays decreased their price objective on Repay from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Monday, August 12th. Canaccord Genuity Group reissued a “buy” rating and set a $13.00 target price on shares of Repay in a research report on Friday, May 10th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Repay in a research report on Tuesday, July 9th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $11.10.

Read Our Latest Research Report on Repay

About Repay

(Get Free Report)

Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.

Further Reading

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