Paylocity Holding Corporation $PCTY Shares Sold by Amundi

Amundi cut its holdings in shares of Paylocity Holding Corporation (NASDAQ:PCTY) by 1.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,359 shares of the software maker’s stock after selling 243 shares during the period. Amundi’s holdings in Paylocity were worth $4,452,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Associated Banc Corp grew its stake in shares of Paylocity by 4.5% during the first quarter. Associated Banc Corp now owns 1,207 shares of the software maker’s stock valued at $226,000 after acquiring an additional 52 shares in the last quarter. Cresset Asset Management LLC grew its stake in Paylocity by 2.4% in the first quarter. Cresset Asset Management LLC now owns 2,613 shares of the software maker’s stock worth $490,000 after purchasing an additional 62 shares in the last quarter. TCTC Holdings LLC grew its stake in Paylocity by 115.9% in the first quarter. TCTC Holdings LLC now owns 149 shares of the software maker’s stock worth $28,000 after purchasing an additional 80 shares in the last quarter. Louisiana State Employees Retirement System grew its stake in Paylocity by 0.8% in the first quarter. Louisiana State Employees Retirement System now owns 12,200 shares of the software maker’s stock worth $2,286,000 after purchasing an additional 100 shares in the last quarter. Finally, Securian Asset Management Inc. grew its stake in Paylocity by 3.1% in the first quarter. Securian Asset Management Inc. now owns 3,355 shares of the software maker’s stock worth $629,000 after purchasing an additional 100 shares in the last quarter. 94.76% of the stock is currently owned by institutional investors and hedge funds.

Paylocity Stock Performance

PCTY opened at $169.24 on Thursday. The business’s 50 day moving average is $180.34 and its 200-day moving average is $186.06. The stock has a market cap of $9.34 billion, a PE ratio of 42.20, a price-to-earnings-growth ratio of 3.41 and a beta of 0.51. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.13. Paylocity Holding Corporation has a twelve month low of $152.95 and a twelve month high of $223.80.

Paylocity (NASDAQ:PCTY) last announced its earnings results on Tuesday, August 5th. The software maker reported $1.56 EPS for the quarter, topping the consensus estimate of $1.38 by $0.18. Paylocity had a return on equity of 22.08% and a net margin of 14.24%.The firm had revenue of $400.74 million for the quarter, compared to analysts’ expectations of $388.25 million. During the same quarter in the previous year, the company earned $1.48 earnings per share. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. Paylocity has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, analysts predict that Paylocity Holding Corporation will post 4.36 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on PCTY shares. Barclays decreased their price target on Paylocity from $209.00 to $190.00 and set an “equal weight” rating for the company in a research note on Monday, July 21st. Citigroup decreased their price target on Paylocity from $225.00 to $218.00 and set a “buy” rating for the company in a research note on Monday, July 21st. Jefferies Financial Group decreased their price target on Paylocity from $235.00 to $225.00 and set a “buy” rating for the company in a research note on Wednesday, August 6th. UBS Group lifted their price target on Paylocity from $201.00 to $202.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $250.00 price target on shares of Paylocity in a research note on Friday, July 18th. Thirteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $222.71.

Insider Transactions at Paylocity

In other Paylocity news, SVP Andrew Cappotelli sold 1,717 shares of Paylocity stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $176.74, for a total value of $303,462.58. Following the transaction, the senior vice president owned 11,953 shares in the company, valued at approximately $2,112,573.22. The trade was a 12.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 21.91% of the company’s stock.

Paylocity Profile

Paylocity Holding Corporation engages in the provision of cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers payroll software solution for global payroll, expense management, tax services, on demand payment, and garnishment managed services; and time and labor management software for time and attendance, scheduling, and time collection.