Filing Details
WASATCH ADVISORS LP, a registered investment adviser, increased its position in Paymentus Holdings, Inc. (NYSE:PAY) by 45.6% during Q3 2026, according to its most recent 13F filing with the Securities and Exchange Commission.
The firm purchased an additional 2,824,830 shares of the Technology company, bringing its total holdings to 9,013,026 shares valued at approximately $276.2M as of the filing date.
Market Context
Paymentus Holdings, Inc.'s stock currently trades at $30.86 with a market capitalization of $4.1B.
An increase in an existing position suggests WASATCH ADVISORS LP has growing conviction in Paymentus Holdings, Inc.'s trajectory. Institutional investors typically add to positions when they believe the stock still has upside relative to their price target, or when the company's fundamentals have improved since their initial purchase.
The technology sector has seen significant institutional rotation in recent quarters as investors weigh AI-driven growth against elevated valuations. Paymentus Holdings, Inc.'s position within the sector makes institutional activity particularly noteworthy.
The size of this position — $276.2 million — places it among the more significant institutional holdings in Paymentus Holdings, Inc. Large positions like this can influence trading dynamics and are closely watched by market participants tracking smart money flows.
Investors should note that 13F filings reflect holdings as of the end of the reporting quarter and are filed up to 45 days later. The position may have changed since the filing date. 13F data is most useful when analyzed alongside other signals such as insider transactions, analyst ratings, and fundamental trends.
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Frequently Asked Questions
What is a 13F filing?
A 13F filing is a quarterly SEC report required for institutional managers with over $100 million in assets. It discloses equity holdings, providing transparency into how firms like WASATCH ADVISORS LP position their portfolios.
How can I track institutional ownership of PAY?
View all institutional holders on our PAY institutional ownership page.