Repay Holdings Co. (NASDAQ:RPAY) Shares Sold by Taylor Frigon Capital Management LLC

Taylor Frigon Capital Management LLC lessened its holdings in Repay Holdings Co. (NASDAQ:RPAY) by 10.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 298,069 shares of the company’s stock after selling 33,860 shares during the quarter. Taylor Frigon Capital Management LLC owned about 0.31% of Repay worth $2,274,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of RPAY. Principal Financial Group Inc. purchased a new stake in Repay in the 3rd quarter worth approximately $1,122,000. Villanova Investment Management Co LLC boosted its position in Repay by 71.7% in the 3rd quarter. Villanova Investment Management Co LLC now owns 281,439 shares of the company’s stock worth $2,297,000 after purchasing an additional 117,573 shares in the last quarter. Millrace Asset Group Inc. boosted its position in Repay by 216.7% in the 3rd quarter. Millrace Asset Group Inc. now owns 323,139 shares of the company’s stock worth $2,637,000 after purchasing an additional 221,102 shares in the last quarter. Barclays PLC boosted its position in Repay by 2,382.5% in the 3rd quarter. Barclays PLC now owns 1,486,977 shares of the company’s stock worth $12,134,000 after purchasing an additional 1,427,078 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Repay by 29.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 492,166 shares of the company’s stock worth $4,016,000 after purchasing an additional 112,125 shares in the last quarter. Institutional investors and hedge funds own 82.73% of the company’s stock.

Insider Activity

In related news, CFO Timothy John Murphy sold 57,000 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $8.25, for a total value of $470,250.00. Following the completion of the transaction, the chief financial officer now directly owns 450,879 shares of the company’s stock, valued at approximately $3,719,751.75. This represents a 11.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 11.00% of the company’s stock.

Repay Trading Up 0.3 %

Shares of NASDAQ:RPAY opened at $7.18 on Thursday. Repay Holdings Co. has a 1 year low of $7.08 and a 1 year high of $11.27. The firm has a market capitalization of $701.00 million, a price-to-earnings ratio of -8.25 and a beta of 1.43. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.70 and a quick ratio of 2.70. The business’s 50 day moving average price is $7.50 and its 200-day moving average price is $7.90.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Keefe, Bruyette & Woods lowered their price objective on Repay from $9.00 to $8.00 and set a “market perform” rating on the stock in a research report on Monday, January 6th. Canaccord Genuity Group restated a “buy” rating and issued a $13.00 price objective on shares of Repay in a research report on Thursday, February 13th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $12.33.

Repay 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.