Insider Selling: Paylocity (NASDAQ:PCTY) Director Sells $493,136.00 in Stock

Posted by Stanley Muller on Sep 3rd, 2026

Paylocity Holding Corporation (NASDAQ:PCTY – Get Free Report) Director Craig Conway sold 3,145 shares of Paylocity stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $156.80, for a total value of $493,136.00. Following the transaction, the director owned 2,207 shares in the company, valued at $346,057.60. This trade represents a 58.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Paylocity Price Performance

NASDAQ PCTY opened at $154.60 on Thursday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a market cap of $8.20 billion, a price-to-earnings ratio of 31.23 and a beta of 0.45. The business has a 50 day simple moving average of $134.66 and a 200 day simple moving average of $117.27. Paylocity Holding Corporation has a 52-week low of $92.99 and a 52-week high of $178.91.

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System boosted its holdings in shares of Paylocity by 10,474.6% in the 2nd quarter. California State Teachers Retirement System now owns 5,246,465 shares of the software maker’s stock valued at $548,413,000 after buying an additional 5,196,851 shares during the last quarter. BlackRock Inc. bought a new stake in Paylocity during the second quarter worth $430,315,000. AQR Capital Management LLC lifted its stake in Paylocity by 75.1% in the fourth quarter. AQR Capital Management LLC now owns 943,591 shares of the software maker’s stock valued at $143,747,000 after acquiring an additional 404,605 shares during the last quarter. Morgan Stanley lifted its stake in Paylocity by 117.9% in the fourth quarter. Morgan Stanley now owns 817,209 shares of the software maker’s stock valued at $124,625,000 after acquiring an additional 442,218 shares during the last quarter. Finally, Millennium Management LLC grew its position in shares of Paylocity by 97.7% in the 3rd quarter. Millennium Management LLC now owns 748,803 shares of the software maker’s stock valued at $119,262,000 after acquiring an additional 369,975 shares during the period. Institutional investors and hedge funds own 94.76% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on PCTY shares. BMO Capital Markets increased their target price on Paylocity from $143.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Stephens reduced their price objective on Paylocity from $160.00 to $120.00 and set an “equal weight” rating for the company in a research report on Friday, May 8th. Weiss Ratings upgraded Paylocity from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th. Citizens Jmp dropped their target price on Paylocity from $170.00 to $150.00 and set a “market outperform” rating on the stock in a research report on Friday, May 8th. Finally, Wall Street Zen cut Paylocity from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $160.53.

Get Our Latest Stock Analysis on Paylocity

About Paylocity

(Get 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.