Paymentus Holdings Inc’s recently made public that its Director DAVIDS JODY R unloaded Company’s shares for reported $0.41 million on Mar 12 ’25. In the deal valued at $29.21 per share,14,000 shares were sold. As a result of this transaction, DAVIDS JODY R now holds 31,752 shares worth roughly $1.11 million.
Then, JODY DAVIDS bought 14,000 shares, generating $408,971 in total proceeds.
Before that, Kalra Sanjay sold 15,794 shares. Paymentus Holdings Inc shares valued at $505,193 were divested by the SVP and CFO at a price of $31.99 per share. As a result of the transaction, Kalra Sanjay now holds 466,035 shares, worth roughly $16.35 million.
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 jump 2.78% to $35.08. Over the last five days, the stock has gained 7.38%. Paymentus Holdings Inc shares have risen nearly 7.38% since the year began. Nevertheless, the stocks have risen 66.89% over the past one year. While a 52-week high of $38.94 was reached on 05/06/25, a 52-week low of $16.94 was recorded on 04/07/25. SMA at 50 days reached $28.42, while 200 days put it at $27.52.
Levels Of Support And Resistance For PAY Stock
The 24-hour chart illustrates a support level at 33.63, which if violated will result in even more drops to 32.18. On the upside, there is a resistance level at 36.36. A further resistance level may holdings at 37.64. The Relative Strength Index (RSI) on the 14-day chart is 71.61, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.90, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.65%. Stochastics %K at 91.55% indicates the stock is a selling.