Payment Data Systems, Inc. (PYDS) Insider Sells $61,898.91 in Stock

Payment Data Systems, Inc. (NASDAQ:PYDS) insider Louis A. Hoch sold 24,859 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $2.49, for a total transaction of $61,898.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Payment Data Systems, Inc. (NASDAQ PYDS) traded down $0.09 on Monday, reaching $2.41. 204,205 shares of the company’s stock traded hands, compared to its average volume of 281,528. Payment Data Systems, Inc. has a 12 month low of $1.17 and a 12 month high of $4.10.

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Separately, ValuEngine downgraded shares of Payment Data Systems from a “hold” rating to a “sell” rating in a research note on Thursday, September 7th.

About Payment Data Systems

Payment Data Systems, Inc is engaged in the business of processing electronic payments for other companies, including a range of automated clearing house (ACH) processing, credit, prepaid card and debit card-based processing. The Company is an integrated payment solutions provider offering a range of services to merchants, billers, banks, service bureaus, and card issuers.

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