Paylocity (NASDAQ:PCTY) Stock: Insider Steven Sarowitz Sells 100 Shares

Posted by George Bondi on Oct 29th, 2026

Paylocity Holding Corporation (NASDAQ:PCTY – Get Free Report) Director Steven Sarowitz sold 100 shares of the stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $170.23, for a total value of $17,023.00. Following the transaction, the director owned 4,354,769 shares of the company’s stock, valued at approximately $741,312,326.87. This represents a 0.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paylocity Trading Down 0.1%

Shares of NASDAQ PCTY traded down $0.10 during trading on Thursday, reaching $168.40. The stock had a trading volume of 492,415 shares, compared to its average volume of 768,189. The business’s 50-day moving average price is $153.54 and its 200-day moving average price is $126.47. Paylocity Holding Corporation has a fifty-two week low of $92.99 and a fifty-two week high of $178.53. The company has a market cap of $8.79 billion, a P/E ratio of 34.02, a PEG ratio of 2.10 and a beta of 0.50. 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 issued its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.84 EPS for the quarter, beating the consensus estimate of $1.62 by $0.22. The company had revenue of $444.73 million during the quarter, compared to analysts’ expectations of $431.46 million. Paylocity had a net margin of 15.23% and a return on equity of 27.02%. The firm’s revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.56 EPS. On average, equities research analysts predict that Paylocity Holding Corporation will post 6.92 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on PCTY shares. Jefferies Financial Group restated a “buy” rating and set a $165.00 target price on shares of Paylocity in a research report on Wednesday, August 5th. Zacks Research cut Paylocity from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Weiss Ratings raised shares of Paylocity from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, September 22nd. Robert W. Baird set a $201.00 target price on shares of Paylocity in a research report on Wednesday, August 5th. Finally, BTIG Research increased their target price on shares of Paylocity from $180.00 to $200.00 and gave the company a “buy” rating in a report on Monday. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Paylocity presently has a consensus rating of “Moderate Buy” and an average target price of $172.82.

Get Our Latest Stock Analysis on PCTY

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc boosted its holdings in shares of Paylocity by 1.8% in the 3rd quarter. Versant Capital Management Inc now owns 4,639 shares of the software maker’s stock valued at $661,000 after purchasing an additional 82 shares during the last quarter. State of Michigan Retirement System raised its position 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 worth $1,131,000 after buying an additional 100 shares during the period. State of Wyoming boosted its holdings in Paylocity by 16.0% in the first quarter. State of Wyoming now owns 861 shares of the software maker’s stock valued at $93,000 after acquiring an additional 119 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in Paylocity by 0.4% in the fourth quarter. Hsbc Holdings PLC now owns 29,653 shares of the software maker’s stock valued at $4,535,000 after acquiring an additional 128 shares during the last quarter. Finally, Elevation Wealth Partners LLC grew its holdings in shares of Paylocity by 37.7% during the 3rd quarter. Elevation Wealth Partners LLC now owns 471 shares of the software maker’s stock worth $67,000 after purchasing an additional 129 shares during the period. Institutional investors and hedge funds own 94.76% of the company’s stock.

Key Stories Impacting Paylocity

Here are the key news stories impacting Paylocity this week:

Positive Sentiment: KeyCorp raised its Paylocity price target from $178 to $190 and maintained an “overweight” rating, indicating confidence in additional appreciation. KeyCorp analyst rating
Positive Sentiment: BTIG Research reportedly forecasts strong upside for Paylocity, with coverage indicating a $200 price target and a “buy” rating. The call adds to a generally constructive analyst outlook. BTIG Research forecast
Positive Sentiment: Zacks says Paylocity has two key factors that could support an earnings beat in its upcoming report, increasing expectations ahead of the results. The company’s latest quarter also exceeded estimates, with EPS of $1.84 versus $1.62 expected and revenue growth of 11% year over year. Zacks earnings preview
Neutral Sentiment: Paylocity is projected to announce earnings on Thursday. The report could be a near-term catalyst because the stock’s valuation and recent gains leave investors focused on whether results and guidance justify further upside. Paylocity earnings announcement preview
Negative Sentiment: Director Steven Sarowitz sold 8,900 shares for approximately $1.5 million after selling additional shares earlier in the week. The transactions were conducted under a pre-arranged Rule 10b5-1 plan and reduced his ownership by only 0.20%, limiting the significance, but repeated insider selling may weigh on sentiment. Insider transaction report

About Paylocity

(Get Free Report)

Paylocity Holding Corporation (NASDAQ:PCTY) provides cloud-based human capital management (HCM) and payroll software for organizations. Its platform is designed to help employers manage payroll, human resources, employee benefits, talent acquisition, onboarding, performance, learning, and workforce administration through an integrated system.

The company also offers tools for time and labor management, scheduling, employee communications, engagement, surveys, expense management, and other workplace activities.