Paymentus Holdings Inc’s recently made public that its General Counsel and Secretary Gerber Andrew A. unloaded Company’s shares for reported $1.28 million on Dec 04 ’24. In the deal valued at $37.36 per share,34,272 shares were sold. As a result of this transaction, Gerber Andrew A. now holds 97,925 shares worth roughly $2.98 million.
Then, ANDREW A GERBER bought 34,272 shares, generating $1,303,364 in total proceeds.
Before that, Kalra Sanjay sold 15,654 shares. Paymentus Holdings Inc shares valued at $535,428 were divested by the SVP and CFO at a price of $34.20 per share. As a result of the transaction, Kalra Sanjay now holds 481,829 shares, worth roughly $14.64 million.
Robert W. Baird upgraded its Paymentus Holdings Inc [PAY] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in mid March from “an Outperform” to “a Mkt perform”. Wells Fargo began covering PAY with “an Equal weight” recommendation on January 17, 2024.
Price Performance Review of PAY
On Tuesday, Paymentus Holdings Inc [NYSE:PAY] saw its stock jump 0.46% to $30.39. Over the last five days, the stock has lost -7.88%. Paymentus Holdings Inc shares have fallen nearly -6.98% since the year began. Nevertheless, the stocks have risen 72.47% over the past one year. While a 52-week high of $38.94 was reached on 01/06/25, a 52-week low of $14.77 was recorded on 01/13/25. SMA at 50 days reached $32.90, while 200 days put it at $23.77.
Levels Of Support And Resistance For PAY Stock
The 24-hour chart illustrates a support level at 30.10, which if violated will result in even more drops to 29.81. On the upside, there is a resistance level at 30.70. A further resistance level may holdings at 31.01. The Relative Strength Index (RSI) on the 14-day chart is 39.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.41%. Stochastics %K at 14.70% indicates the stock is a buying.
How much short interest is there in Paymentus Holdings Inc?
A steep rise in short interest was recorded in Paymentus Holdings Inc stocks on 2024-12-31, growing by 0.42 million shares to a total of 0.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.27 million shares. There was a rise of 61.57%, which implies that there is a positive sentiment for the stock.
