Transaction details
Forager Fund, L.P., together with related entities and principals, executed two disposition transactions of Repay Holdings Corp (NASDAQ: RPAY) Class A common stock on April 1 and April 2, 2026. The combined sale totaled 950,000 shares and generated proceeds of $2,408,383.
The two trades carried weighted average prices of $2.54 and $2.53, respectively. The April 1 sale transacted in a price band of $2.49 to $2.60 and produced $1,240,418 in proceeds. The April 2 sale traded between $2.42 and $2.595 and produced $1,167,965 in proceeds. After these transactions, Forager Fund, L.P. directly holds 10,192,937 shares of Repay Holdings Corp.
Share performance and valuation notes
At the time of the filing, Repay shares were trading at $2.58. The stock has declined 15.7% over the past week and 51.6% over the past year. InvestingPro analysis cited in the filing indicates a Fair Value estimate of $4.15 for the stock at current levels and notes that stock-price movements have been notably volatile.
Recent corporate developments
Repay Holdings Corporation reported fourth-quarter 2025 results that exceeded consensus on both earnings and revenue. The company posted earnings per share of $0.19 versus a forecast of $0.17, and reported revenue of $78.6 million compared with an expected $76.8 million.
In the same disclosure cycle, Repay announced a definitive agreement to acquire Kubra Data Transfer Ltd. for approximately $372 million in cash. The company said the acquisition will broaden Repay’s presence in the bill-payment utility segment and affect more than 40% of U.S. and Canadian households on a monthly basis.
The purchase is planned to be funded through a combination of cash on hand and debt financing. Repay disclosed a commitment letter from Truist Bank that contemplates a $500 million term loan and a $100 million undrawn revolving credit facility.
Analyst reaction
Following the acquisition announcement, analysts at Benchmark and DA Davidson maintained Buy ratings on Repay Holdings, assigning price targets of $6.00 and $8.00, respectively.
Context for investors
The Forager Fund dispositions and the company’s announced strategic acquisition occurred against a backdrop of a recently reported quarterly beat and analyst support. The filing records precise trade prices and resulting holdings and situates those moves alongside the company’s capital plan for the Kubra acquisition and the disclosed debt commitment from Truist Bank.
Note on limits of the record
The information above reflects the data and disclosures contained in the filings and public company announcements referenced therein. No additional forecasts, projections, or interpretations beyond those statements are included.