Insider Selling: Paylocity (NASDAQ:PCTY) Director Sells $2,933,665.20 in Stock

Posted by Francis Steltz on Oct 16th, 2026

Paylocity Holding Corporation (NASDAQ:PCTY – Get Free Report) Director Steven Sarowitz sold 17,694 shares of the business’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $165.80, for a total value of $2,933,665.20. Following the completion of the sale, the director directly owned 4,430,701 shares of the company’s stock, valued at approximately $734,610,225.80. This trade represents a 0.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paylocity Trading Up 0.0%

PCTY stock traded up $0.07 during trading on Friday, hitting $166.32. 459,494 shares of the company traded hands, compared to its average volume of 777,098. The company has a 50-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 Holding Corporation has a 1 year low of $92.99 and a 1 year high of $169.09. The firm has a market capitalization of $8.82 billion, a PE ratio of 33.60, a P/E/G ratio of 1.89 and a beta of 0.50.

Paylocity (NASDAQ:PCTY – Get Free Report) last announced its quarterly earnings results 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 return on equity of 27.02% and a net margin of 15.23%. The business had revenue of $444.73 million for the quarter, compared to analysts’ expectations of $431.46 million. During the same period in the previous year, the firm earned $1.56 EPS. The business’s quarterly revenue was up 11.0% on a year-over-year basis. Analysts predict that Paylocity Holding Corporation will post 6.92 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Paylocity

Several hedge funds have recently made changes to their positions in PCTY. Curated Wealth Partners LLC purchased a new position in Paylocity during the 3rd quarter valued at $498,000. WealthPlan Investment Management LLC purchased a new stake in shares of Paylocity in the 3rd quarter worth about $203,000. Seelaus Asset Management LLC purchased a new stake in shares of Paylocity in the 3rd quarter worth about $304,000. Krilogy Financial LLC boosted its stake in shares of Paylocity by 6.5% during the 3rd quarter. Krilogy Financial LLC now owns 6,741 shares of the software maker’s stock valued at $1,052,000 after purchasing an additional 410 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC boosted its stake in shares of Paylocity by 19.4% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 7,777 shares of the software maker’s stock valued at $1,190,000 after purchasing an additional 1,261 shares in the last quarter. 94.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PCTY has been the topic of a number of recent analyst reports. Weiss Ratings raised shares of Paylocity from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, September 22nd. Cantor Fitzgerald boosted their price objective on shares of Paylocity from $140.00 to $165.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Barclays upped their price objective on shares of Paylocity from $154.00 to $162.00 and gave the company an “equal weight” rating in a research note on Tuesday. Citigroup reiterated a “buy” rating on shares of Paylocity in a report on Thursday, August 6th. Finally, UBS Group set a $175.00 target price on Paylocity in a research note on Tuesday, September 29th. Twelve equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $163.76.

Check Out Our Latest Stock Analysis on PCTY

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.