Insider Selling: Repay Holdings Co. (NASDAQ:RPAY) EVP Sells $413,552.00 in Stock

Repay Holdings Co. (NASDAQ:RPAY) EVP Jacob Hamilton Moore sold 51,694 shares of the stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $8.00, for a total value of $413,552.00. Following the transaction, the executive vice president now owns 140,130 shares of the company’s stock, valued at $1,121,040. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Jacob Hamilton Moore also recently made the following trade(s):

• On Friday, September 6th, Jacob Hamilton Moore sold 7,198 shares of Repay stock. The stock was sold at an average price of $8.18, for a total value of $58,879.64.
• On Wednesday, September 4th, Jacob Hamilton Moore sold 210,632 shares of Repay stock. The shares were sold at an average price of $8.31, for a total transaction of $1,750,351.92.

Repay Trading Up 2.5 %

Repay stock opened at $8.06 on Monday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 3.83 and a current ratio of 3.83. The stock has a 50-day simple moving average of $8.85 and a 200 day simple moving average of $9.76. The stock has a market capitalization of $787.87 million, a P/E ratio of -8.22 and a beta of 1.44. Repay Holdings Co. has a 52 week low of $5.63 and a 52 week high of $11.27.

Repay (NASDAQ:RPAY) last posted its earnings results on Thursday, August 8th. The company reported $0.22 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.22. Repay had a positive return on equity of 8.34% and a negative net margin of 29.01%. The business had revenue of $74.91 million for the quarter, compared to analyst estimates of $76.28 million. During the same period in the previous year, the firm earned $0.14 EPS. The firm’s revenue was up 4.4% compared to the same quarter last year. Analysts expect that Repay Holdings Co. will post 0.73 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on RPAY. Barclays lowered their price target on shares of Repay from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Monday, August 12th. Benchmark reiterated a “buy” rating and set a $13.00 target price on shares of Repay in a report on Tuesday, August 13th. DA Davidson restated a “buy” rating and issued a $16.00 price target on shares of Repay in a research note on Tuesday, July 9th. Finally, Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $11.00 price target on shares of Repay in a research report on Wednesday, July 3rd. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Repay currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.33.

Institutional Trading of Repay

Hedge funds have recently modified their holdings of the stock. Quest Partners LLC bought a new position in Repay in the 4th quarter valued at about $56,000. Squarepoint Ops LLC bought a new stake in shares of Repay during the second quarter worth approximately $142,000. ProShare Advisors LLC grew 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 purchasing an additional 1,174 shares during the last quarter. Diversified Trust Co increased its stake in shares of Repay by 15.5% during the second quarter. Diversified Trust Co now owns 17,856 shares of the company’s stock worth $189,000 after purchasing an additional 2,391 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in Repay during the 2nd quarter worth approximately $190,000. Institutional investors and hedge funds own 82.73% of the company’s stock.

Repay Company Profile

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.