Paycom Software Inc (NYSE: PAYC) is 6.50% higher on its value in year-to-date trading and has touched a low of $139.50 and a high of $242.74 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PAYC stock was last observed hovering at around $215.43 in the last trading session, with the day’s gains setting it 2.87%.
Currently trading at $218.30, the stock is 1.76% and 3.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.94 million and changing 1.33% at the moment leaves the stock 17.40% off its SMA200. PAYC registered 15.15% gain for a year compared to 6-month gain of 27.71%. The firm has a 50-day simple moving average (SMA 50) of $210.1802 and a 200-day simple moving average (SMA200) of $185.94545.
The stock witnessed a 1.82% loss in the last 1 month and extending the period to 3 months gives it a -6.30%, and is 4.96% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.43% over the week and 3.37% over the month.
Paycom Software Inc (PAYC) has around 7306 employees, a market worth around $12.50B and $1.88B in sales. Current P/E ratio is 24.53 and Fwd P/E is 22.49. Profit margin for the company is 26.66%. Distance from 52-week low is 56.49% and -10.07% from its 52-week high. The company has generated returns on investments over the last 12 months (30.63%).
The EPS is expected to grow by 5.98% this year.
Paycom Software Inc (PAYC) Top Institutional Holders
1013.0 institutions hold shares in Paycom Software Inc (PAYC), with institutional investors hold 99.50% of the company’s shares. The shares outstanding are 55.90M, and float is at 50.46M with Short Float at 4.01%. Institutions hold 87.43% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.78 million shares valued at $827.19 million. The investor’s holdings represent 10.2269% of the PAYC Shares outstanding. As of 2024-06-30, the second largest holder is HARRIS ASSOCIATES L P with 4.03 million shares valued at $576.05 million to account for 7.1339 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.74 million shares representing 6.6207% and valued at over $535.51 million, while POLEN CAPITAL MANAGEMENT LLC holds 3.9612 of the shares totaling 2.24 million with a market value of $319.86 million.
Paycom Software Inc (PAYC) Insider Activity
The most recent transaction is an insider sale by Smith Bradley Scott, the company’s Chief Information Officer. SEC filings show that Smith Bradley Scott sold 3,000 shares of the company’s common stock on Mar 13 ’25 at a price of $201.01 per share for a total of $0.6 million. Following the sale, the insider now owns 28733.0 shares.
Still, SEC filings show that on Mar 13 ’25, Bradley Scott Smith Revocable (Affiliate) Proposed Sale 4,500 shares at an average price of $205.62 for $0.93 million. The insider now directly holds shares of Paycom Software Inc (PAYC).
