Repay Holdings Co. (NASDAQ:RPAY) EVP Jacob Hamilton Moore Sells 210,632 Shares

Repay Holdings Co. (NASDAQ:RPAY) EVP Jacob Hamilton Moore sold 210,632 shares of the firm’s stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $8.31, for a total value of $1,750,351.92. Following the completion of the transaction, the executive vice president now directly owns 240,130 shares in the company, valued at $1,995,480.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Repay Stock Down 5.2 %

NASDAQ RPAY opened at $8.02 on Friday. The company has a current ratio of 3.83, a quick ratio of 3.83 and a debt-to-equity ratio of 0.52. Repay Holdings Co. has a 12 month low of $5.63 and a 12 month high of $11.27. The company’s fifty day moving average price is $9.04 and its two-hundred day moving average price is $9.75.

Repay (NASDAQ:RPAY) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. The business had revenue of $74.91 million for the quarter, compared to analysts’ expectations of $76.28 million. Repay had a negative net margin of 29.01% and a positive return on equity of 8.34%. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 earnings per share. Equities analysts anticipate that Repay Holdings Co. will post 0.74 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Sunriver Management LLC lifted its stake in Repay by 15.4% during the fourth quarter. Sunriver Management LLC now owns 4,477,770 shares of the company’s stock worth $38,240,000 after purchasing an additional 597,059 shares during the last quarter. CenterBook Partners LP lifted its position in shares of Repay by 25.8% in the 4th quarter. CenterBook Partners LP now owns 688,703 shares of the company’s stock worth $5,882,000 after buying an additional 141,414 shares during the last quarter. G2 Investment Partners Management LLC acquired a new position in shares of Repay in the 4th quarter valued at about $7,303,000. Azora Capital LP raised its stake in Repay by 24.9% during the fourth quarter. Azora Capital LP now owns 2,701,300 shares of the company’s stock worth $23,069,000 after acquiring an additional 538,893 shares during the period. Finally, Sei Investments Co. lifted its holdings in Repay by 30.1% in the first quarter. Sei Investments Co. now owns 259,588 shares of the company’s stock worth $2,855,000 after acquiring an additional 60,018 shares during the last quarter. Institutional investors and hedge funds own 82.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on RPAY. DA Davidson reiterated a “buy” rating and issued a $16.00 target price on shares of Repay in a research note on Tuesday, July 9th. Benchmark reiterated a “buy” rating and set a $13.00 price objective on shares of Repay in a research note on Tuesday, August 13th. Barclays decreased their target price on shares of Repay from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Monday, August 12th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $13.00 price target on shares of Repay in a research note on Friday, May 10th. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $11.00 price objective on shares of Repay in a research report on Wednesday, July 3rd. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Repay currently has an average rating of “Moderate Buy” and a consensus price target of $11.10.

About Repay

Repay Holdings Corporation, payments technology company, provides integrated payment processing solutions to industry-oriented markets in the United States. It operates through two segments: Consumer Payments and Business Payments. The company's payment processing solutions enable consumers and businesses to make payments using electronic payment methods.