Paymentus Holdings Inc’s filing revealed that its SVP and CFO Kalra Sanjay unloaded Company’s shares for reported $0.51 million on Feb 18 ’25. In the deal valued at $31.99 per share,15,794 shares were sold. As a result of this transaction, Kalra Sanjay now holds 466,035 shares worth roughly $12.33 million.
Then, Gerber Andrew A. sold 3,070 shares, generating $98,184 in total proceeds. Upon selling the shares at $31.98, the General Counsel and Secretary now owns 94,855 shares.
Before that, ANDREW A GERBER bought 3,070 shares. Paymentus Holdings Inc shares valued at $98,184 were divested by the Officer at a price of $31.98 per share.
A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who increased its forecast for the stock in early July from “a Neutral” to “an Outperform”. Raymond James also remained covering PAY and has decreased its forecast on March 14, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Wells Fargo started covering the stock on January 17, 2024. It rated PAY as “an Equal weight”.
Price Performance Review of PAY
On Tuesday, Paymentus Holdings Inc [NYSE:PAY] saw its stock fall -5.97% to $26.46. Over the last five days, the stock has lost -17.83%. Paymentus Holdings Inc shares have fallen nearly -19.01% since the year began. Nevertheless, the stocks have risen 77.58% over the past one year. While a 52-week high of $38.94 was reached on 01/06/25, a 52-week low of $15.08 was recorded on 02/25/25. SMA at 50 days reached $31.86, while 200 days put it at $25.21.
Levels Of Support And Resistance For PAY Stock
The 24-hour chart illustrates a support level at 25.88, which if violated will result in even more drops to 25.31. On the upside, there is a resistance level at 27.48. A further resistance level may holdings at 28.51. The Relative Strength Index (RSI) on the 14-day chart is 31.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.10%. Stochastics %K at 10.32% indicates the stock is a buying.
