Paylocity Holding Co. (NASDAQ:PCTY – Get Ranking) CFO Ryan Glenn offered 1,250 shares of the corporate’s inventory in a transaction on Wednesday, March fifteenth. The inventory was offered at a mean worth of $177.46, for a complete worth of $221,825.00. Following the sale, the chief monetary officer now owns 21,651 shares of the corporate’s inventory, valued at $3,842,186.46. The sale was disclosed in a submitting with the SEC, which may be accessed by means of this hyperlink.
Ryan Glenn additionally not too long ago made the next commerce(s):
- On Wednesday, February fifteenth, Ryan Glenn offered 1,250 shares of Paylocity inventory. The inventory was offered at a mean worth of $214.95, for a complete worth of $268,687.50.
Paylocity Worth Efficiency
Shares of PCTY inventory traded up $2.06 on Friday, hitting $180.51. The inventory had a buying and selling quantity of 859,076 shares, in comparison with its common quantity of 482,116. Paylocity Holding Co. has a 12-month low of $152.01 and a 12-month excessive of $276.88. The inventory has a market cap of $10.07 billion, a price-to-earnings ratio of 104.36 and a beta of 1.07. The enterprise has a 50 day shifting common of $199.99 and a 200 day shifting common of $214.24.
Paylocity (NASDAQ:PCTY – Get Ranking) final introduced its quarterly earnings information on Thursday, February 2nd. The software program maker reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.10. The agency had income of $273.01 million in the course of the quarter, in comparison with the consensus estimate of $259.78 million. Paylocity had a return on fairness of 18.52% and a web margin of 9.58%. As a bunch, analysis analysts count on that Paylocity Holding Co. will publish 2 earnings per share for the present fiscal yr.
Analysts Set New Worth Targets
A number of equities analysis analysts not too long ago issued studies on PCTY shares. KeyCorp lifted their worth goal on shares of Paylocity from $295.00 to $305.00 and gave the corporate an “chubby” ranking in a report on Friday, February third. JMP Securities restated a “market outperform” ranking and set a $320.00 worth goal on shares of Paylocity in a analysis report on Friday, February third. Piper Sandler elevated their goal worth on Paylocity from $276.00 to $297.00 and gave the corporate an “chubby” ranking in a analysis report on Friday, February third. Needham & Firm LLC restated a “purchase” ranking and set a $325.00 worth goal on shares of Paylocity in a report on Monday, February thirteenth. Lastly, StockNews.com started protection on shares of Paylocity in a analysis notice on Thursday. They set a “maintain” ranking for the corporate. 5 analysts have rated the inventory with a maintain ranking and 7 have issued a purchase ranking to the corporate’s inventory. In line with information from MarketBeat, Paylocity has a mean ranking of “Reasonable Purchase” and a consensus worth goal of $272.71.
Institutional Traders Weigh In On Paylocity
Quite a few hedge funds have not too long ago modified their holdings of the inventory. HighTower Advisors LLC elevated its place in Paylocity by 12.9% within the first quarter. HighTower Advisors LLC now owns 5,798 shares of the software program maker’s inventory value $1,172,000 after shopping for an extra 664 shares over the past quarter. Lord Abbett & CO. LLC purchased a brand new place in shares of Paylocity in the course of the 1st quarter value $14,007,000. Sei Investments Co. elevated its holdings in Paylocity by 1.3% within the 1st quarter. Sei Investments Co. now owns 66,053 shares of the software program maker’s inventory value $13,594,000 after buying an extra 876 shares over the past quarter. Canada Pension Plan Funding Board purchased a brand new stake in Paylocity within the 1st quarter valued at about $144,000. Lastly, Covestor Ltd lifted its holdings in Paylocity by 88.1% in the course of the first quarter. Covestor Ltd now owns 331 shares of the software program maker’s inventory valued at $68,000 after buying an extra 155 shares over the past quarter. Institutional traders personal 72.79% of the corporate’s inventory.
About Paylocity
Paylocity Holding Corp. engages within the improvement and provision of cloud-based software program options. It gives cloud-based payroll, human capital administration purposes, time labor monitoring, advantages administration, and expertise administration. The corporate was based by Steve I. Sarowitz in 1997 and is headquartered in Schaumburg, IL.
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