13FPulse
中
PA

PAYS PAYSIGN INC

2026Q2 · CUSIP 70451A104 · Sector: Other

Piling in

Net holder growth ranks near the top of the market

Funds that own it
133
Institutions that reported holding it to the SEC
Net increase in holders
+22
Last quarter 111 → now 133
How unusual is that
Top 20%
Stronger buying than 85% of US stocks
What the filings say, in one paragraph

133 funds held PAYS at the end of 2026Q2, up 22 from the quarter before. That is stronger buying than 84.7% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $101M(YoY +46.8%), the P/E is 47.9x, return on equity is 26.2%. PAYS has had 6 buying rushes in its history, and the price moved -14.9% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Other sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2019Q3: holders=92 2019Q4: holders=92 2020Q1: holders=83 2020Q2: holders=83 2020Q3: holders=72 2020Q4: holders=78 2021Q1: holders=70 2021Q2: holders=65 2021Q3: holders=55 2021Q4: holders=54 2022Q1: holders=40 2022Q2: holders=41 2022Q3: holders=45 2022Q4: holders=47 2023Q1: holders=57 2023Q2: holders=65 2023Q3: holders=63 2023Q4: holders=55 2024Q1: holders=56 2024Q2: holders=72 2024Q3: holders=89 2024Q4: holders=91 2025Q1: holders=79 2025Q2: holders=95 2025Q3: holders=119 2025Q4: holders=115 2026Q1: holders=111 2026Q2: holders=133 -24 -12 +0 +12 +24 3688140 19Q320Q221Q121Q422Q323Q224Q124Q425Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 6 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20% — —
2025Q3 Top 20% -0.2% -34.8%
2025Q2 Top 20% +16.0% -5.2%
2024Q2 Top 20% — —
2023Q1 Top 20% — —
2019Q3 Top 10% -10.0% -4.8%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
79
Change in large funds
+17
Total value they hold
$248M
Funds buying for the first time
39
Funds that sold out entirely
17
Price change that quarter
+112.3%
Funds holding puts (bearish)
2
Funds holding calls (bullish)
3

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
47.9
EPS (TTM)
$0.26
EPS YoY
+116.7%
Revenue (TTM)
$0.1B
Revenue YoY
+46.8%
Net margin
15.7%
ROE
26.2%
Debt ratio
81.0%
FCF (TTM)
$74M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS -0.01 2021-12-31: EPS 0.01 2022-03-31: EPS -0.01 2022-06-30: EPS 0.00 2022-09-30: EPS 0.02 2022-12-31: EPS 0.01 2023-03-31: EPS 0.00 2023-06-30: EPS 0.00 2023-09-30: EPS 0.02 2023-12-31: EPS 0.10 2024-03-31: EPS 0.01 2024-06-30: EPS 0.01 2024-09-30: EPS 0.03 2024-12-31: EPS 0.02 2025-03-31: EPS 0.05 2025-06-30: EPS 0.02 2025-09-30: EPS 0.04 2025-12-31: EPS 0.02 2026-03-31: EPS 0.09 2026-06-30: EPS 0.11 0M 14M 28M $M -0.01 0.06 0.12 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 39 20 100 179 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-20M14M48M 20162017201820192020202120222023202420252026
Latest quarter $19M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.