American Century Companies Inc. Has $96.91 Million Stock Position in Paylocity Holding Corporation $PCTY

American Century Companies Inc. lifted its holdings in shares of Paylocity Holding Corporation (NASDAQ:PCTY) by 4.0% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 534,843 shares of the software maker’s stock after buying an additional 20,649 shares during the period. American Century Companies Inc. owned about 0.97% of Paylocity worth $96,909,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. TCTC Holdings LLC increased its holdings in shares of Paylocity by 115.9% during the first quarter. TCTC Holdings LLC now owns 149 shares of the software maker’s stock worth $28,000 after buying an additional 80 shares in the last quarter. SBI Securities Co. Ltd. grew its position in Paylocity by 47.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 252 shares of the software maker’s stock worth $46,000 after acquiring an additional 81 shares during the last quarter. Bayforest Capital Ltd increased its holdings in Paylocity by 69.1% in the 1st quarter. Bayforest Capital Ltd now owns 296 shares of the software maker’s stock worth $55,000 after purchasing an additional 121 shares in the last quarter. SVB Wealth LLC bought a new position in Paylocity in the first quarter valued at about $61,000. Finally, IFP Advisors Inc raised its position in Paylocity by 248.5% in the second quarter. IFP Advisors Inc now owns 338 shares of the software maker’s stock valued at $61,000 after purchasing an additional 241 shares during the last quarter. 94.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on PCTY. JMP Securities set a $245.00 target price on Paylocity in a research report on Wednesday, November 5th. Citizens Jmp decreased their price target on Paylocity from $270.00 to $245.00 and set a “market outperform” rating for the company in a research note on Wednesday, November 5th. Raymond James Financial set a $220.00 price objective on Paylocity and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Cowen reiterated a “buy” rating on shares of Paylocity in a report on Monday, October 6th. Finally, Zacks Research raised shares of Paylocity from a “strong sell” rating to a “hold” rating in a research report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $207.83.

Paylocity Trading Up 2.0%

Shares of PCTY stock opened at $148.35 on Wednesday. Paylocity Holding Corporation has a fifty-two week low of $135.46 and a fifty-two week high of $223.80. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a 50 day simple moving average of $151.51 and a two-hundred day simple moving average of $171.99. The company has a market cap of $8.07 billion, a P/E ratio of 37.18, a PEG ratio of 4.36 and a beta of 0.58.

Paylocity (NASDAQ:PCTY) last announced its quarterly earnings data on Tuesday, November 4th. The software maker reported $1.75 EPS for the quarter, topping the consensus estimate of $1.52 by $0.23. The company had revenue of $408.17 million during the quarter, compared to the consensus estimate of $399.53 million. Paylocity had a net margin of 13.75% and a return on equity of 22.07%. The company’s quarterly revenue was up 12.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.66 EPS. Paylocity has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Research analysts forecast that Paylocity Holding Corporation will post 4.36 earnings per share for the current year.

Insider Buying and Selling

In other Paylocity news, CFO Ryan Glenn sold 1,737 shares of Paylocity stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $143.65, for a total value of $249,520.05. Following the completion of the sale, the chief financial officer directly owned 77,229 shares of the company’s stock, valued at approximately $11,093,945.85. The trade was a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 19.40% of the company’s stock.

About Paylocity

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.