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Repay Holdings Corporation (RPAY) Is Up 0.70% in 2024 With Lots of Room to Run

Repay Holdings Corporation (NASDAQ: RPAY) is 0.70% higher on its value in year-to-date trading and has touched a low of $5.63 and a high of $11.27 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RPAY stock was last observed hovering at around $8.66 in the last trading session, with the day’s loss setting it -0.06%.

Currently trading at $8.60, the stock is -1.21% and -9.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing -0.69% at the moment leaves the stock -5.56% off its SMA200. RPAY registered -6.32% loss for a year compared to 6-month gain of 1.90%.

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The stock witnessed a -13.31% loss in the last 1 month and extending the period to 3 months gives it a -11.98%, and is 2.63% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.44% over the week and 4.05% over the month.

Repay Holdings Corporation (RPAY) has around 512 employees, a market worth around $754.05M and $305.93M in sales. Fwd P/E is 8.47. Profit margin for the company is -29.01%. Distance from 52-week low is 52.75% and -23.66% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.06%).

The EPS is expected to grow by 5.79% this year.

Repay Holdings Corporation (RPAY) Top Institutional Holders

227.0 institutions hold shares in Repay Holdings Corporation (RPAY), with institutional investors hold 106.57% of the company’s shares. The shares outstanding are 90.80M, and float is at 73.40M with Short Float at 13.97%. Institutions hold 89.26% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 8.07 million shares valued at $85.19 million. The investor’s holdings represent 8.8436% of the RPAY Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.6 million shares valued at $48.59 million to account for 5.0438 of the shares outstanding. The other top investors are ROYCE & ASSOCIATES LP which holds 4.17 million shares representing 4.5743% and valued at over $44.06 million, while SUNRIVER MANAGEMENT LLC holds 4.3295 of the shares totaling 3.95 million with a market value of $41.7 million.

Repay Holdings Corporation (RPAY) Insider Activity

The most recent transaction is an insider sale by Murphy Timothy John, the company’s Chief Financial Officer. SEC filings show that Murphy Timothy John sold 58,275 shares of the company’s common stock on Mar 21 ’24 at a price of $11.03 per share for a total of $0.64 million. Following the sale, the insider now owns 0.51 million shares.

Repay Holdings Corporation disclosed in a document filed with the SEC on Mar 13 ’24 that Murphy Timothy John (Chief Financial Officer) sold a total of 10,549 shares of the company’s common stock. The trade occurred on Mar 13 ’24 and was made at $11.00 per share for $0.12 million. Following the transaction, the insider now directly holds 0.57 million shares of the RPAY stock.

Still, SEC filings show that on Mar 08 ’24, Murphy Timothy John (Chief Financial Officer) disposed off 47,195 shares at an average price of $10.00 for $0.47 million. The insider now directly holds 588,112 shares of Repay Holdings Corporation (RPAY).

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