Director Cashes In on Paylocity Stock Sale!

New insider activity at Paylocity ( (PCTY) ) has taken place on May 21, 2025.

Director Kenneth Bernard Robinson recently sold 510 shares of Paylocity stock, amounting to a total transaction value of $102,433.

Recent Updates on PCTY stock

Paylocity has recently reported strong financial performance in its Q3 earnings call, demonstrating robust revenue growth and increased profitability. The company achieved a 15% year-over-year growth in recurring revenue, surpassing guidance, and raised its fiscal year 2025 revenue guidance, reflecting confidence in sustained growth. Analysts have responded to these positive results with mixed adjustments to Paylocity’s price targets. BMO Capital and Piper Sandler raised their price targets, citing Paylocity’s solid performance across growth and profitability metrics, as well as successful product expansion and client acquisition. UBS also raised its price target, highlighting the company’s impressive execution. However, Raymond James and Jefferies lowered their price targets, despite acknowledging Paylocity’s strong execution, due to concerns about macroeconomic uncertainties potentially impacting future sales momentum. Overall, the company’s strategic initiatives and strong channel performance contribute to an optimistic outlook, although cautious client behavior due to economic uncertainties remains a consideration.

Spark’s Take on PCTY Stock

According to Spark, TipRanks’ AI Analyst, PCTY is a Outperform.

Paylocity’s overall stock score reflects its strong financial performance and positive earnings call, which highlight robust revenue growth, profitability, and strategic execution. While technical analysis indicates moderate market momentum, the high valuation presents a risk if growth expectations are not met. The potential impact of macroeconomic uncertainty on future sales is a consideration, but the company’s current strengths position it well for continued success.

To see Spark’s full report on PCTY stock, click here.

More about Paylocity

YTD Price Performance: 2.73%

Average Trading Volume: 409,414

Technical Sentiment Signal: Strong Buy

Current Market Cap: $11.07B