Hillsdale Investment Management Inc. Purchases 13,880 Shares of Paylocity Holding Corporation $PCTY

Posted by Brenda Bartman on Jul 16th, 2026

Hillsdale Investment Management Inc. raised its position in shares of Paylocity Holding Corporation (NASDAQ:PCTY – Free Report) by 85.7% in the 1st quarter, Holdings Channel reports. The firm owned 30,080 shares of the software maker’s stock after acquiring an additional 13,880 shares during the period. Hillsdale Investment Management Inc.’s holdings in Paylocity were worth $3,250,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Flagship Harbor Advisors LLC bought a new position in shares of Paylocity in the 4th quarter valued at $27,000. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Paylocity by 363.4% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 190 shares of the software maker’s stock worth $29,000 after buying an additional 149 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Paylocity during the 4th quarter worth $30,000. Advisory Services Network LLC bought a new stake in shares of Paylocity during the 3rd quarter worth $38,000. Finally, Parallel Advisors LLC boosted its stake in Paylocity by 446.2% in the fourth quarter. Parallel Advisors LLC now owns 284 shares of the software maker’s stock valued at $43,000 after buying an additional 232 shares in the last quarter. 94.76% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Jefferies Financial Group set a $135.00 target price on Paylocity in a research report on Saturday, May 9th. Raymond James Financial set a $140.00 target price on shares of Paylocity in a report on Friday, May 8th. Weiss Ratings restated a “sell (d+)” rating on shares of Paylocity in a research note on Friday, April 24th. Citigroup lifted their price target on shares of Paylocity from $133.00 to $136.00 and gave the company a “buy” rating in a report on Monday, May 11th. Finally, UBS Group upped their price objective on shares of Paylocity from $114.00 to $115.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $156.61.

View Our Latest Research Report on Paylocity

Insider Buying and Selling

In other news, SVP Andrew Cappotelli sold 899 shares of Paylocity stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $115.05, for a total transaction of $103,429.95. Following the sale, the senior vice president directly owned 17,679 shares of the company’s stock, valued at approximately $2,033,968.95. This trade represents a 4.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 19.40% of the company’s stock.

Paylocity Trading Down 0.1%

Shares of PCTY stock opened at $123.05 on Thursday. The firm has a market capitalization of $6.59 billion, a P/E ratio of 26.24 and a beta of 0.52. Paylocity Holding Corporation has a twelve month low of $92.99 and a twelve month high of $197.78. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.07. The stock’s fifty day simple moving average is $110.74 and its 200 day simple moving average is $116.19.

Paylocity Profile

(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.