Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Paymentus Holdings Inc shares valued at $505,193 were sold by Kalra Sanjay on Feb 18 ’25. At $31.99 per share, Kalra Sanjay sold 15,794 shares. The insider’s holdings dropped to 466,035 shares worth approximately $12.12 million following the completion of this transaction.
Also, Gerber Andrew A. sold 3,070 shares, netting a total of over 98,184 in proceeds. Following the sale of shares at $31.98 each, the insider now holds 94,855 shares.
Before that, ANDREW A GERBER had added 3,070 shares to its account. In a trade valued at $98,184, the Officer bought Paymentus Holdings Inc shares for $31.98 each.
Analysts at Robert W. Baird upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early July. As of March 14, 2024, Raymond James has decreased its “an Outperform” rating to a “Mkt perform” for PAY. Earlier on January 17, 2024, Wells Fargo initiated its rating. Their recommendation was “an Equal weight” for PAY stock.
Analyzing PAY Stock Performance
During the last five days, there has been a drop of approximately -4.59%. Over the course of the year, Paymentus Holdings Inc shares have dropped approximately -20.42%. Shares of the company reached a 52-week high of $35.65 on 01/06/25 and a 52-week low of $25.41 on 03/04/25. A 50-day SMA is recorded $30.93, while a 200-day SMA reached $25.45.
Support And Resistance Levels for Paymentus Holdings Inc (PAY)
According to the 24-hour chart, there is a support level at 25.64, which, if violated, would cause prices to drop to 25.28. In the upper region, resistance lies at 26.45. The next price resistance is at 26.90. RSI (Relative Strength Index) is 32.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.07, which suggests the price will decrease in the coming days. Percent R is at 91.84%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
