5,075 Shares in Paylocity Holding Corporation $PCTY Bought by Caitlin John LLC

Caitlin John LLC bought a new position in shares of Paylocity Holding Corporation (NASDAQ:PCTY) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 5,075 shares of the software maker’s stock, valued at approximately $530,000.

A number of other hedge funds also recently bought and sold shares of PCTY. California State Teachers Retirement System increased its position in Paylocity by 18.9% in the 1st quarter. California State Teachers Retirement System now owns 49,614 shares of the software maker’s stock worth $5,360,000 after buying an additional 7,891 shares during the period. Deutsche Bank AG bought a new stake in shares of Paylocity in the second quarter valued at approximately $54,906,000. Pictet Asset Management Holding SA grew its stake in shares of Paylocity by 32.3% in the fourth quarter. Pictet Asset Management Holding SA now owns 198,150 shares of the software maker’s stock worth $30,218,000 after acquiring an additional 48,380 shares during the last quarter. UBS Group AG grew its stake in shares of Paylocity by 38.3% in the fourth quarter. UBS Group AG now owns 415,879 shares of the software maker’s stock worth $63,422,000 after acquiring an additional 115,111 shares during the last quarter. Finally, Comerica Bank grew its stake in shares of Paylocity by 36.3% in the fourth quarter. Comerica Bank now owns 46,064 shares of the software maker’s stock worth $7,025,000 after acquiring an additional 12,261 shares during the last quarter. 94.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on PCTY shares. Robert W. Baird set a $201.00 target price on shares of Paylocity in a research note on Wednesday, August 5th. Citigroup restated a “buy” rating on shares of Paylocity in a research report on Thursday, August 6th. Cantor Fitzgerald boosted their price objective on shares of Paylocity from $140.00 to $165.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Raymond James Financial set a $140.00 price objective on shares of Paylocity in a research report on Friday, May 8th. Finally, Citizens Jmp reduced their target price on shares of Paylocity from $170.00 to $150.00 and set a “market outperform” rating for the company in a research note on Friday, May 8th. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $160.53.

Paylocity Stock Performance

PCTY opened at $158.15 on Friday. The stock has a market cap of $8.39 billion, a PE ratio of 31.95 and a beta of 0.48. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.07. Paylocity Holding Corporation has a 1 year low of $92.99 and a 1 year high of $181.97. The stock’s 50 day simple moving average is $130.19 and its 200-day simple moving average is $115.93.

Paylocity (NASDAQ:PCTY) last issued its earnings results on Tuesday, August 4th. The software maker reported $1.84 EPS for the quarter, topping the consensus estimate of $1.62 by $0.22. The firm had revenue of $444.73 million during the quarter, compared to analysts’ expectations of $431.46 million. Paylocity had a return on equity of 27.02% and a net margin of 15.23%.Paylocity’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period last year, the business earned $1.56 earnings per share. Sell-side analysts forecast that Paylocity Holding Corporation will post 6.92 EPS for the current year.

Insider Buying and Selling at Paylocity

In other news, Director Steven I. Sarowitz sold 11,136 shares of Paylocity stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $150.81, for a total transaction of $1,679,420.16. Following the sale, the director directly owned 4,535,052 shares in the company, valued at approximately $683,931,192.12. The trade was a 0.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Andrew Cappotelli sold 2,550 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $149.83, for a total transaction of $382,066.50. Following the completion of the sale, the senior vice president directly owned 44,329 shares in the company, valued at approximately $6,641,814.07. The trade was a 5.44% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 30,741 shares of company stock worth $4,621,962. Corporate insiders own 19.40% of the company’s stock.

Key Paylocity News

Here are the key news stories impacting Paylocity this week:

• Positive Sentiment: Analysts raised several future EPS forecasts. Zacks Research lifted its FY2027 estimate to $6.33 from $5.98 and its FY2028 estimate to $7.18 from $6.67. It also increased projections for Q1 and Q2 of 2027, Q3 of 2028, and initiated an FY2029 estimate of $8.28. The revisions suggest improved expectations for Paylocity’s long-term earnings growth, although Zacks retained a “Hold” rating. Zacks Paylocity estimates
• Positive Sentiment: AI recruiting capabilities are gaining customer traction. Paylocity is partnering with a major client through HireQuotient’s AI-powered recruiting platform. A customer cited a 70% reduction in manual recruiting work and a more-than-50% reduction in time to hire, supporting the potential value of Paylocity’s integrated HCM and recruiting ecosystem. Paylocity AI recruiting partnership
• Positive Sentiment: Broader software-sector momentum provided additional support. Paylocity was listed among software companies trading higher, suggesting investor interest in technology stocks and AI-related applications may have contributed to the move. Software stocks trading higher
• Neutral Sentiment: Estimate changes were mixed. Zacks reduced its Q4 2027 EPS forecast to $1.39 from $1.43 and Q2 2028 to $1.57 from $1.58. Its current-year consensus estimate remains $6.86 per share.
• Neutral Sentiment: Insider selling was minimal. Director Steven Sarowitz sold 441 shares for $68,355 under a pre-arranged Rule 10b5-1 plan. The transaction reduced his holdings by only 0.01%, leaving him with nearly 4.47 million shares, making it unlikely to materially affect sentiment. Paylocity director stock sale

Paylocity Company Profile

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.