Repay Holdings Co. (NASDAQ: RPAY) Chief Financial Officer Timothy John Murphy sold 25,267 shares of the company in a transaction dated Tuesday, June 8. The shares were sold at an average price of $ 25.00, for a total trade of $ 631,675.00. As a result of the transaction, the CFO now directly owns 374,904 shares of the company, valued at $ 9,372,600. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Actions of RPAY traded at $ 0.89 during trading hours on Wednesday, reaching $ 23.71. The company’s shares had a trade volume of 447,156 shares, compared to its average volume of 942,161. The company has a market capitalization of $ 1.91 billion, a P / E ratio of -29.81 and a beta of 0.79. The company has a current ratio of 6.91, a quick ratio of 6.91 and a debt ratio of 0.62. The company has a 50-day moving average price of $ 23.15. Repay Holdings Co. has a 52-week low of $ 20.18 and a 52-week high of $ 28.42.

Repay (NASDAQ: RPAY) last released its results on Sunday, May 9. The company reported earnings per share of $ 0.18 for the quarter, beating the consensus estimate of $ 0.16 by $ 0.02. The company posted revenue of $ 47.52 million in the quarter, compared to a consensus estimate of $ 44.87 million. Repay had a negative net margin of 28.90% and a positive return on equity of 4.80%. The company’s revenue grew 20.4% year-over-year. In the same quarter of last year, the company made earnings per share of $ 0.18. As a group, sell-side analysts predict that Repay Holdings Co. will post 0.58 EPS for the current year.

Hedge funds have recently increased or reduced their stakes in the company. Bank Julius Baer & Co. Ltd. Zurich purchased a new position in Repay shares during the first quarter valued at approximately $ 35,000. Signaturefd LLC purchased a new position in Repay shares in the fourth quarter valued at approximately $ 55,000. Nisa Investment Advisors LLC increased its position in Repay shares by 51.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 2,350 shares of the company valued at $ 64,000 after acquiring 800 additional shares during the period. Harbor Investments Inc. purchased a new position in Repay shares during the first quarter valued at approximately $ 95,000. Finally, Great West Life Assurance Co. Can strengthened its position in Repay shares by 90.7% in the first quarter. Great West Life Assurance Co. Can now owns 4,385 shares of the company valued at $ 102,000 after acquiring an additional 2,085 shares during the period. Institutional investors hold 89.66% of the company’s shares.

A number of research companies have recently weighed in on RPAY. Zacks investment research downgraded Repay’s shares from a “buy” rating to a “hold” rating in a research report released on Wednesday, May 5. Citigroup began covering Repay shares in a research report on Wednesday, March 24. They set a “buy” rating and a target price of $ 29 on the stock. Wells Fargo & Company downgraded Repay’s stock from an “equal weight” rating to an “overweight” rating and set a price target of $ 29.00 on the stock in a research report released on Tuesday March 2. Citigroup Inc. A Russell-based capital protected 3% minimum coupon began to cover Repay shares in a research report on Wednesday, March 24. They set a “buy” rating and a target price of $ 29 on the stock. Finally, Morgan Stanley raised its price target on Repay shares from $ 26.00 to $ 27.00 and gave the company an “equal weight” rating in a research report released on Friday, May 14. Two analysts rated the stock with a conservation rating and eight issued a buy rating for the stock. The stock currently has an average rating of “Buy” and a consensus price target of $ 28.64.

Refund Company Profile

Repay Holdings Corporation provides integrated payment processing solutions to industry-oriented markets. Its payment processing solutions enable consumers and businesses to make payments using electronic payment methods. The company offers a range of solutions for electronic payment methods, including credit and debit processing, virtual credit card processing, automated clearing house (ACH) processing, enhanced ACH processing, and instant financing. .

Read more: SEC filing

Quarterly insider buys and sells for reimbursement (NASDAQ: RPAY)

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7 cryptocurrencies that lead the market higher

Capital influx drives cryptocurrency up

There is an influx of money into the cryptocurrency market that is pushing the whole complex higher. Not only is institutional interest peaking, but recognition and use is also increasing. With Bitcoin setting new all-time highs 100% above the highs of 2017, the number of new Bitcoin millionaires is also on the rise.

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See the “7 Cryptocurrencies That Lead the Market Higher”.