Paymentus director William Ingram sells $433,645 in stock

Published 13/05/2025, 13:48
Paymentus director William Ingram sells $433,645 in stock

In a recent transaction disclosed in an SEC filing, William Ingram, a director at Paymentus Holdings, Inc. (NYSE:PAY), sold 11,409 shares of the company’s Class A Common Stock. The company, currently valued at $4.8 billion, has seen its stock surge over 106% in the past year, according to InvestingPro data. The shares were sold at an average weighted price of $38.0091, with prices ranging from $37.94 to $38.17. This sale, totaling $433,645, was conducted on May 12, 2025, to cover tax withholding obligations related to the vesting and settlement of restricted stock units under Paymentus’s 2021 Equity Incentive Plan. Following this transaction, Ingram holds 73,963 shares directly. The stock is currently trading near its 52-week high, with InvestingPro analysis indicating the company maintains excellent financial health with a current ratio of 4.46, though it appears to be trading above its Fair Value. Discover 15 additional exclusive insights and detailed analysis in the Pro Research Report, available with an InvestingPro subscription.

In other recent news, Paymentus Holdings Inc . reported impressive financial results for the first quarter of 2025, showcasing a significant year-over-year increase in both revenue and adjusted EBITDA. The company achieved a 48.9% rise in revenue, totaling $275.2 million, and a 51.3% growth in adjusted EBITDA, reaching $30 million. Despite these strong financial figures, Paymentus’ stock experienced a decline in aftermarket trading, driven by investor concerns regarding future guidance and market conditions. Analysts have noted that the company’s full-year 2025 EPS forecast stands at $0.57. Paymentus projects its full-year revenue to be between $1.075 billion and $1.090 billion, representing a 24.2% year-over-year growth. The firm anticipates a contribution profit ranging from $363 million to $369 million and adjusted EBITDA between $118 million to $122 million. Analysts from firms like Baird and JPMorgan have inquired about the company’s growth prospects, with Paymentus executives expressing confidence in their platform’s continued expansion and client onboarding across various verticals.

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