Olympiad Research LP Buys New Position in Repay Holdings Co. (NASDAQ:RPAY)

Olympiad Research LP purchased a new stake in Repay Holdings Co. (NASDAQ:RPAY) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,510 shares of the company’s stock, valued at approximately $80,000.

Several other large investors have also bought and sold shares of RPAY. Blue Trust Inc. grew its stake in shares of Repay by 340.0% in the 3rd quarter. Blue Trust Inc. now owns 3,586 shares of the company’s stock worth $29,000 after acquiring an additional 2,771 shares in the last quarter. R Squared Ltd bought a new stake in Repay in the 4th quarter worth about $36,000. Point72 DIFC Ltd purchased a new stake in Repay in the 3rd quarter valued at about $99,000. Entropy Technologies LP purchased a new stake in Repay in the 3rd quarter valued at about $109,000. Finally, Creative Planning bought a new position in shares of Repay during the 3rd quarter worth approximately $115,000. 82.73% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Repay

In other news, CFO Timothy John Murphy sold 57,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $8.25, for a total value of $470,250.00. Following the sale, the chief financial officer now owns 450,879 shares of the company’s stock, valued at $3,719,751.75. The trade was a 11.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 11.00% of the company’s stock.

Analysts Set New Price Targets

RPAY has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods decreased their price target on Repay from $9.00 to $8.00 and set a “market perform” rating for the company 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 note on Thursday, February 13th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Repay currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.33.

Repay Trading Up 1.1 %

NASDAQ:RPAY opened at $7.28 on Tuesday. Repay Holdings Co. has a 12 month low of $7.08 and a 12 month high of $11.27. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.64. The firm’s 50 day moving average is $7.53 and its 200 day moving average is $7.91. The stock has a market capitalization of $710.77 million, a PE ratio of -8.37 and a beta of 1.43.

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.