Sone Capital Management LLC Purchases Shares of 32,651 Paylocity Holding Corporation $PCTY

Posted by Brenda Bartman on Aug 25th, 2026

Sone Capital Management LLC acquired a new stake in shares of Paylocity Holding Corporation (NASDAQ:PCTY – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 32,651 shares of the software maker’s stock, valued at approximately $3,413,000.

Other hedge funds also recently made changes to their positions in the company. Los Angeles Capital Management LLC acquired a new stake in Paylocity during the fourth quarter valued at approximately $30,000. Advisory Services Network LLC acquired a new position in Paylocity in the third quarter worth approximately $38,000. Optiver Holding B.V. grew its position in Paylocity by 5,925.0% in the first quarter. Optiver Holding B.V. now owns 241 shares of the software maker’s stock worth $26,000 after buying an additional 237 shares during the last quarter. Global Retirement Partners LLC bought a new position in shares of Paylocity in the second quarter valued at $27,000. Finally, Basecamp Wealth Advisors LLC increased its holdings in shares of Paylocity by 4,250.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 261 shares of the software maker’s stock valued at $28,000 after buying an additional 255 shares in the last quarter. Institutional investors and hedge funds own 94.76% of the company’s stock.

Paylocity Stock Down 0.6%

Shares of NASDAQ:PCTY opened at $152.45 on Tuesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.09 and a current ratio of 1.09. The company has a market cap of $8.09 billion, a PE ratio of 30.80 and a beta of 0.47. Paylocity Holding Corporation has a 52 week low of $92.99 and a 52 week high of $182.36. The firm has a 50 day simple moving average of $127.05 and a 200 day simple moving average of $115.29.

Paylocity (NASDAQ:PCTY – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The software maker reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.22. Paylocity had a net margin of 15.23% and a return on equity of 27.02%. The firm had revenue of $444.73 million during the quarter, compared to analyst estimates of $431.46 million. During the same quarter last year, the business posted $1.56 EPS. The company’s revenue was up 11.0% on a year-over-year basis. As a group, research analysts expect that Paylocity Holding Corporation will post 6.86 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Steven I. Sarowitz sold 8,539 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $150.20, for a total value of $1,282,557.80. Following the completion of the sale, the director owned 4,480,055 shares of the company’s stock, valued at $672,904,261. This trade represents a 0.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joshua Scutt sold 4,730 shares of Paylocity stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $149.82, for a total value of $708,648.60. Following the transaction, the senior vice president owned 75,729 shares in the company, valued at $11,345,718.78. This represents a 5.88% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 30,300 shares of company stock worth $4,553,607 over the last three months. Company insiders own 19.40% of the company’s stock.

Analysts Set New Price Targets

PCTY has been the subject of several research reports. TD Cowen raised their price objective on Paylocity from $168.00 to $177.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. Citigroup reaffirmed a “buy” rating on shares of Paylocity in a research report on Thursday, August 6th. Raymond James Financial set a $140.00 target price on Paylocity in a report on Friday, May 8th. Truist Financial reduced their target price on Paylocity from $180.00 to $165.00 and set a “buy” rating for the company in a report on Monday, June 29th. Finally, BMO Capital Markets increased their price target on Paylocity from $143.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Twelve equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $160.53.

View Our Latest Stock Analysis on PCTY

About Paylocity

(Free Report)

Paylocity (NASDAQ: PCTY) is a leading provider of cloud-based payroll and human capital management (HCM) software designed to streamline workforce administration for mid-sized organizations. The company’s integrated platform automates core functions such as payroll processing, benefits administration, time and labor tracking, and compliance management, enabling employers to manage employee data more efficiently and reduce administrative burdens.

In addition to payroll and HR capabilities, Paylocity offers talent management solutions including recruiting, onboarding, performance tracking, and learning management.