Repay Holdings Co. (NASDAQ:RPAY) Stock Holdings Trimmed by Cwm LLC

Cwm LLC decreased its holdings in Repay Holdings Co. (NASDAQ:RPAY) by 3.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 52,075 shares of the company’s stock after selling 1,710 shares during the quarter. Cwm LLC owned 0.05% of Repay worth $425,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of RPAY. Squarepoint Ops LLC acquired a new position in shares of Repay during the second quarter valued at approximately $142,000. ProShare Advisors LLC boosted its stake in Repay by 8.5% during the 1st 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 in the last quarter. Diversified Trust Co increased its position in shares of Repay by 15.5% during the 2nd quarter. Diversified Trust Co now owns 17,856 shares of the company’s stock valued at $189,000 after purchasing an additional 2,391 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of Repay in the 2nd quarter worth $190,000. Finally, Bleakley Financial Group LLC lifted its holdings in shares of Repay by 6.6% in the first quarter. Bleakley Financial Group LLC now owns 19,966 shares of the company’s stock valued at $220,000 after buying an additional 1,232 shares during the period. 82.73% of the stock is owned by institutional investors and hedge funds.

Repay Stock Performance

Shares of RPAY opened at $7.86 on Monday. The company has a 50-day moving average of $8.15 and a two-hundred day moving average of $9.34. The stock has a market cap of $798.81 million, a price-to-earnings ratio of -8.02 and a beta of 1.44. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.83 and a quick ratio of 3.83. Repay Holdings Co. has a one year low of $5.63 and a one year high of $11.27.

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

Insider Transactions at Repay

In related news, EVP Jacob Hamilton Moore sold 210,632 shares of the company’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $8.31, for a total transaction of $1,750,351.92. Following the transaction, the executive vice president now directly owns 240,130 shares of the company’s stock, valued at approximately $1,995,480.30. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 269,524 shares of company stock valued at $2,222,784 over the last quarter. Company insiders own 11.00% of the company’s stock.

Analyst Upgrades and Downgrades

RPAY has been the topic of a number of research analyst reports. DA Davidson reaffirmed a “buy” rating and set a $16.00 target price on shares of Repay in a report on Tuesday, July 9th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $11.00 price objective on shares of Repay in a research note on Wednesday, July 3rd. Barclays cut their target price on shares of Repay from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Monday, August 12th. Canaccord Genuity Group restated a “buy” rating and set a $13.00 target price on shares of Repay in a report on Wednesday, September 25th. Finally, Benchmark reaffirmed a “buy” rating and issued a $13.00 price target on shares of Repay in a report on Tuesday, August 13th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Repay presently has a consensus rating of “Moderate Buy” and a consensus price target of $12.29.

Repay 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.