Conestoga Capital Advisors LLC Has $29.62 Million Holdings in Paycor HCM, Inc. (NASDAQ:PYCR)

Conestoga Capital Advisors LLC trimmed its position in Paycor HCM, Inc. (NASDAQ:PYCR) by 81.0% in the first quarter, Holdings Channel reports. The fund owned 1,319,976 shares of the company’s stock after selling 5,614,452 shares during the quarter. Conestoga Capital Advisors LLC’s holdings in Paycor HCM were worth $29,620,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. True Wealth Design LLC increased its holdings in Paycor HCM by 105.3% in the 4th quarter. True Wealth Design LLC now owns 1,357 shares of the company’s stock worth $25,000 after purchasing an additional 696 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Paycor HCM by 273.6% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,164 shares of the company’s stock valued at $59,000 after buying an additional 2,317 shares during the period. Sterling Capital Management LLC increased its stake in shares of Paycor HCM by 71.4% in the fourth quarter. Sterling Capital Management LLC now owns 4,502 shares of the company’s stock valued at $84,000 after buying an additional 1,875 shares during the period. HighTower Advisors LLC bought a new position in Paycor HCM in the 4th quarter valued at approximately $190,000. Finally, Focus Partners Wealth acquired a new stake in Paycor HCM during the 4th quarter worth approximately $211,000. Institutional investors and hedge funds own 36.76% of the company’s stock.

Paycor HCM Price Performance

PYCR opened at $22.49 on Tuesday. Paycor HCM, Inc. has a fifty-two week low of $10.92 and a fifty-two week high of $23.49. The company’s 50 day moving average price is $22.49 and its two-hundred day moving average price is $21.81. The firm has a market capitalization of $4.09 billion, a price-to-earnings ratio of -187.40, a PEG ratio of 3.84 and a beta of 0.50.

Paycor HCM Company Profile

Paycor HCM, Inc, together with its subsidiaries, provides software-as-a-service (SaaS) human capital management (HCM) solutions for small and medium-sized businesses (SMBs) primarily in the United States. It offers cloud-native platform to address the comprehensive people management needs of SMB leaders.