New insider activity at Paylocity ( (PCTY) ) has taken place on September 10, 2025.
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Executive Chairman Steven Beauchamp recently executed a significant transaction involving Paylocity stock, selling 4,664 shares. This sale amounted to a substantial $813,401, highlighting a notable movement in the company’s stock by one of its key figures.
Recent Updates on PCTY stock
Recent developments for Paylocity include a multi-year partnership with the Chicago Bulls, where Paylocity will serve as the Official HCM Software Partner, enhancing the team’s HR and payroll operations. In terms of stock analysis, Cantor Fitzgerald initiated coverage with an Overweight rating, citing the Human Capital Management industry’s adjustment to a ‘new normal’ post-COVID, with reasonable risk-reward despite a potential ‘hangover’ lasting until 2027. Additionally, BMO Capital raised Paylocity’s price target, reflecting confidence in the company’s growth prospects, while UBS also slightly increased its price target, indicating a positive outlook. However, despite strong Q4 performance, concerns about slowing growth have led to a Hold rating from some analysts.
Spark’s Take on PCTY Stock
According to Spark, TipRanks’ AI Analyst, PCTY is a Outperform.
Paylocity’s strong financial performance and strategic corporate actions, such as the share buyback program, are significant strengths. However, technical indicators suggest potential short-term weakness, and the high P/E ratio raises valuation concerns. The earnings call provided a balanced view with strong growth but highlighted some risks, such as interest rate impacts and reliance on the broker channel.
To see Spark’s full report on PCTY stock, click here.
More about Paylocity
YTD Price Performance: -11.81%
Average Trading Volume: 550,290
Technical Sentiment Signal: Sell
Current Market Cap: $9.54B