Joseph Tucci Sells 3,907 Shares of Paychex (NASDAQ:PAYX) Stock

Posted by Stanley Muller on Jul 2nd, 2026

Paychex, Inc. (NASDAQ:PAYX – Get Free Report) Director Joseph Tucci sold 3,907 shares of Paychex stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $98.25, for a total value of $383,862.75. Following the sale, the director directly owned 67,364 shares in the company, valued at approximately $6,618,513. The trade was a 5.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Paychex Trading Up 4.5%

Shares of PAYX opened at $102.71 on Thursday. The company has a market capitalization of $36.80 billion, a P/E ratio of 21.00 and a beta of 0.83. Paychex, Inc. has a one year low of $85.45 and a one year high of $148.11. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.26 and a current ratio of 1.26. The stock has a 50-day moving average price of $96.09 and a 200 day moving average price of $98.77.

Paychex (NASDAQ:PAYX – Get Free Report) last posted its quarterly earnings data on Wednesday, June 24th. The business services provider reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.01. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.60 billion. Paychex had a return on equity of 50.90% and a net margin of 27.03%.Paychex’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.19 EPS. Paychex has set its FY 2027 guidance at 5.900-6.010 EPS. Sell-side analysts forecast that Paychex, Inc. will post 5.97 EPS for the current fiscal year.

Paychex Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Wednesday, May 13th were issued a $1.19 dividend. This is a boost from Paychex’s previous quarterly dividend of $1.08. This represents a $4.76 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Wednesday, May 13th. Paychex’s dividend payout ratio is currently 97.34%.

Analyst Ratings Changes

Several brokerages have weighed in on PAYX. BMO Capital Markets raised their price objective on shares of Paychex to $52.00 and gave the stock an “outperform” rating in a report on Thursday, March 26th. Robert W. Baird cut their target price on shares of Paychex from $148.00 to $125.00 and set a “neutral” rating on the stock in a research note on Thursday, March 26th. Argus raised shares of Paychex to a “strong-buy” rating in a research report on Friday, March 27th. Stephens lowered their price objective on Paychex from $125.00 to $105.00 and set an “equal weight” rating for the company in a report on Thursday, March 26th. Finally, Guggenheim initiated coverage on Paychex in a research note on Thursday, March 19th. They set a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, Paychex currently has a consensus rating of “Hold” and an average price target of $105.80.

Get Our Latest Research Report on Paychex

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vermillion & White Wealth Management Group LLC bought a new stake in Paychex in the third quarter valued at $27,000. Cornerstone Planning Group LLC increased its holdings in shares of Paychex by 957.1% in the 4th quarter. Cornerstone Planning Group LLC now owns 296 shares of the business services provider’s stock worth $30,000 after acquiring an additional 268 shares during the period. Stance Capital LLC acquired a new stake in shares of Paychex in the 3rd quarter worth about $31,000. Hilton Head Capital Partners LLC bought a new stake in Paychex in the 4th quarter valued at about $31,000. Finally, Kingdom Financial Group LLC. bought a new stake in Paychex in the 4th quarter valued at about $33,000. Institutional investors and hedge funds own 83.47% of the company’s stock.

About Paychex

(Get Free Report)

Paychex, Inc, founded in 1971 by B. Thomas “Tom” Golisano and headquartered in Rochester, New York, is a provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses. The company’s core services include payroll processing and tax filing, employee benefits administration, retirement services, and workers’ compensation administration, designed to simplify back-office operations and help clients comply with regulatory and tax requirements.

Paychex offers an integrated technology platform, marketed under the Paychex Flex brand, which delivers cloud-based payroll, HR, time and attendance, and reporting tools.