Repay Holdings Co. (NASDAQ:RPAY – Get Free Report) EVP Jacob Hamilton Moore sold 51,694 shares of the firm’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $8.00, for a total value of $413,552.00. Following the transaction, the executive vice president now owns 140,130 shares in the company, valued at approximately $1,121,040. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Jacob Hamilton Moore also recently made the following trade(s):
- On Friday, September 6th, Jacob Hamilton Moore sold 7,198 shares of Repay stock. The stock was sold at an average price of $8.18, for a total value of $58,879.64.
- On Wednesday, September 4th, Jacob Hamilton Moore sold 210,632 shares of Repay stock. The stock was sold at an average price of $8.31, for a total transaction of $1,750,351.92.
Repay Stock Performance
Shares of RPAY opened at $8.06 on Friday. The company has a quick ratio of 3.83, a current 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 business has a 50-day simple moving average of $8.85 and a two-hundred day simple moving average of $9.75.
Hedge Funds Weigh In On Repay
Several large investors have recently modified their holdings of the business. Sunriver Management LLC increased its holdings in Repay by 15.4% in the fourth quarter. Sunriver Management LLC now owns 4,477,770 shares of the company’s stock valued at $38,240,000 after purchasing an additional 597,059 shares during the period. Vanguard Group Inc. raised its position in shares of Repay by 0.7% during the first quarter. Vanguard Group Inc. now owns 4,396,890 shares of the company’s stock worth $48,366,000 after acquiring an additional 32,554 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Repay by 1.4% in the second quarter. Dimensional Fund Advisors LP now owns 3,382,033 shares of the company’s stock worth $35,715,000 after acquiring an additional 45,656 shares during the period. Ranger Investment Management L.P. boosted its holdings in Repay by 1.4% in the fourth quarter. Ranger Investment Management L.P. now owns 2,959,167 shares of the company’s stock valued at $25,271,000 after acquiring an additional 40,076 shares during the last quarter. Finally, Janus Henderson Group PLC increased its position in Repay by 8.8% during the 1st quarter. Janus Henderson Group PLC now owns 2,871,790 shares of the company’s stock valued at $31,589,000 after purchasing an additional 233,334 shares during the period. Institutional investors own 82.73% of the company’s stock.
Analysts Set New Price Targets
RPAY has been the subject of several analyst reports. Barclays dropped their target price on shares of Repay from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Monday, August 12th. Benchmark restated a “buy” rating and set a $13.00 target price on shares of Repay in a research note on Tuesday, August 13th. DA Davidson reiterated a “buy” rating and issued a $16.00 price target on shares of Repay in a research note on Tuesday, July 9th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and set a $11.00 price objective on shares of Repay in a research report on Wednesday, July 3rd. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $11.33.
Check Out Our Latest Report on Repay
Repay Company Profile
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.
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