New Analyst Forecast: $PAY Given 'Outperform' Rating

We just received data on a new analyst forecast for $PAY. Wolfe Research gave a rating of 'Outperform' for $PAY.

$PAY Analyst Ratings

Wall Street analysts have issued reports on $PAY in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

• Wolfe Research issued a "Outperform" rating on 07/22/2025
• Raymond James issued a "Outperform" rating on 07/14/2025
• Baird issued a "Outperform" rating on 06/04/2025
• Wedbush issued a "Outperform" rating on 03/12/2025

To track analyst ratings and price targets for $PAY, check out Quiver Quantitative's $PAY forecast page.

$PAY Price Targets

Multiple analysts have issued price targets for $PAY recently. We have seen 6 analysts offer price targets for $PAY in the last 6 months, with a median target of $36.0.

Here are some recent targets:

• John Davis from Raymond James set a target price of $37.0 on 07/14/2025
• David Koning from Baird set a target price of $40.0 on 06/04/2025
• Andrew Bauch from Wells Fargo set a target price of $35.0 on 05/07/2025
• Will Nance from Goldman Sachs set a target price of $34.0 on 05/06/2025
• Tien-Tsin Huang from JP Morgan set a target price of $35.0 on 05/06/2025
• Daniel Ives from Wedbush set a target price of $38.0 on 03/12/2025

$PAY Insider Trading Activity

$PAY insiders have traded $PAY stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.

Here’s a breakdown of recent trading of $PAY stock by insiders over the last 6 months:

• SANJAY KALRA (SVP and CFO) has made 0 purchases and 2 sales selling 40,794 shares for an estimated $1,505,655.
• WILLIAM INGRAM sold 11,409 shares for an estimated $433,645
• JODY R DAVIDS has made 0 purchases and 3 sales selling 14,000 shares for an estimated $408,971.
• ARUN OBEROI sold 4,415 shares for an estimated $168,051
• ANDREW A. GERBER (General Counsel and Secretary) sold 3,070 shares for an estimated $98,184

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$PAY Hedge Fund Activity

We have seen 88 institutional investors add shares of $PAY stock to their portfolio, and 72 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• CAPITAL INTERNATIONAL INVESTORS added 1,230,543 shares (+28.2%) to their portfolio in Q1 2025, for an estimated $32,117,172
• DRIEHAUS CAPITAL MANAGEMENT LLC added 1,145,557 shares (+152.3%) to their portfolio in Q1 2025, for an estimated $29,899,037
• CAPITAL WORLD INVESTORS added 940,774 shares (+inf%) to their portfolio in Q1 2025, for an estimated $24,554,201
• TIMESSQUARE CAPITAL MANAGEMENT, LLC added 674,550 shares (+63516.9%) to their portfolio in Q1 2025, for an estimated $17,605,755
• VANGUARD GROUP INC added 551,211 shares (+30.7%) to their portfolio in Q1 2025, for an estimated $14,386,607
• INVESCO LTD. added 472,205 shares (+81.5%) to their portfolio in Q1 2025, for an estimated $12,324,550
• GOLDMAN SACHS GROUP INC added 419,736 shares (+275.8%) to their portfolio in Q1 2025, for an estimated $10,955,109

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.