Paylocity (NASDAQ:PCTY) Shares Break Above 50 Day Moving Average – Should You Sell?

Posted by Francis Steltz on Oct 15th, 2026

Shares of Paylocity Holding Corporation (NASDAQ:PCTY – Get Free Report) passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $148.84 and traded as high as $158.57. Paylocity shares last traded at $158.11, with a volume of 525,250 shares trading hands.

Analyst Ratings Changes

A number of brokerages have recently weighed in on PCTY. Zacks Research cut Paylocity from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Weiss Ratings raised Paylocity from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, September 22nd. BTIG Research boosted their price objective on Paylocity from $150.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. BMO Capital Markets upped their price objective on Paylocity from $143.00 to $175.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Finally, Truist Financial lowered their price objective on Paylocity from $180.00 to $165.00 and set a “buy” rating for the company in a research note on Monday, June 29th. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $163.76.

Check Out Our Latest Report on Paylocity

Paylocity Price Performance

The firm has a market capitalization of $8.82 billion, a P/E ratio of 27.86, a price-to-earnings-growth ratio of 1.89 and a beta of 0.50. The business has a fifty day moving average of $149.36 and a 200-day moving average of $125.54. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.09 and a current ratio of 1.09.

Paylocity (NASDAQ:PCTY – Get Free Report) last announced its earnings results on Tuesday, August 4th. The software maker reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.22. Paylocity had a return on equity of 27.02% and a net margin of 15.23%. The firm had revenue of $444.73 million for the quarter, compared to the consensus estimate of $431.46 million. During the same quarter in the previous year, the business earned $1.56 EPS. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. On average, sell-side analysts forecast that Paylocity Holding Corporation will post 6.92 EPS for the current fiscal year.

Insider Activity at Paylocity

In other news, Director Steven Sarowitz sold 19,459 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $157.78, for a total value of $3,070,241.02. Following the completion of the transaction, the director directly owned 4,453,495 shares in the company, valued at $702,672,441.10. This trade represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ryan Glenn sold 3,345 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $149.75, for a total transaction of $500,913.75. Following the transaction, the chief financial officer owned 122,563 shares in the company, valued at $18,353,809.25. This represents a 2.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 54,214 shares of company stock worth $8,322,580 in the last three months. Insiders own 19.40% of the company’s stock.

Hedge Funds Weigh In On Paylocity

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PCTY. Versant Capital Management Inc grew its stake in Paylocity by 1.8% during the 3rd quarter. Versant Capital Management Inc now owns 4,639 shares of the software maker’s stock valued at $661,000 after acquiring an additional 82 shares in the last quarter. State of Michigan Retirement System increased its holdings in shares of Paylocity by 1.0% in the 1st quarter. State of Michigan Retirement System now owns 10,472 shares of the software maker’s stock valued at $1,131,000 after purchasing an additional 100 shares during the period. State of Wyoming increased its holdings in shares of Paylocity by 16.0% in the 1st quarter. State of Wyoming now owns 861 shares of the software maker’s stock valued at $93,000 after purchasing an additional 119 shares during the period. Hsbc Holdings PLC lifted its position in shares of Paylocity by 0.4% in the fourth quarter. Hsbc Holdings PLC now owns 29,653 shares of the software maker’s stock worth $4,535,000 after purchasing an additional 128 shares in the last quarter. Finally, Elevation Wealth Partners LLC lifted its position in shares of Paylocity by 37.7% in the third quarter. Elevation Wealth Partners LLC now owns 471 shares of the software maker’s stock worth $67,000 after purchasing an additional 129 shares in the last quarter. 94.76% of the stock is owned by institutional investors.

Paylocity Company Profile

(Get Free Report)

Paylocity Holding Corporation (NASDAQ:PCTY) provides cloud-based human capital management (HCM) software for organizations and their employees. Its platform is designed to help businesses manage payroll, human resources, employee benefits, workforce administration and related compliance activities through a unified system.

The company’s products and services include payroll processing, tax and regulatory support, time and labor management, benefits administration, talent acquisition and management, employee performance tools, expense management, reporting and analytics.