143,477 Shares in Paylocity Holding Corporation $PCTY Acquired by Corient Private Wealth LP

Corient Private Wealth LP purchased a new stake in shares of Paylocity Holding Corporation (NASDAQ:PCTY) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 143,477 shares of the software maker’s stock, valued at approximately $14,998,000.

Several other institutional investors have also recently bought and sold shares of PCTY. Optiver Holding B.V. boosted its stake in Paylocity by 5,925.0% in the first quarter. Optiver Holding B.V. now owns 241 shares of the software maker’s stock worth $26,000 after purchasing an additional 237 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of Paylocity in the second quarter valued at $27,000. Basecamp Wealth Advisors LLC increased its stake in shares of Paylocity by 4,250.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 261 shares of the software maker’s stock valued at $28,000 after buying an additional 255 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Paylocity in the fourth quarter valued at about $30,000. Finally, Elevation Wealth Partners LLC raised its holdings in shares of Paylocity by 500.0% in the second quarter. Elevation Wealth Partners LLC now owns 342 shares of the software maker’s stock valued at $36,000 after buying an additional 285 shares during the last quarter. Institutional investors own 94.76% of the company’s stock.

Insider Buying and Selling at Paylocity

In other Paylocity news, CFO Ryan Glenn sold 3,345 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $149.75, for a total value of $500,913.75. Following the transaction, the chief financial officer directly owned 122,563 shares of the company’s stock, valued at approximately $18,353,809.25. This trade represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Andrew Cappotelli sold 2,550 shares of Paylocity stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $149.83, for a total transaction of $382,066.50. Following the sale, the senior vice president directly owned 44,329 shares of the company’s stock, valued at $6,641,814.07. This represents a 5.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 30,741 shares of company stock valued at $4,621,962. 19.40% of the stock is currently owned by corporate insiders.

Paylocity News Summary

Here are the key news stories impacting Paylocity this week:

• Positive Sentiment: Higher long-term earnings forecasts: Zacks Research raised its FY2027 EPS estimate to $6.33 from $5.98 and its FY2028 forecast to $7.18 from $6.67. It also initiated a FY2029 estimate of $8.28 and increased several quarterly forecasts, signaling improved expectations for Paylocity’s earnings trajectory. Zacks nevertheless maintained a “Hold” rating. Zacks Research comments on Paylocity FY2029 earnings
• Positive Sentiment: AI recruiting traction: Paylocity’s partner HireQuotient highlighted results at Alliance Building Services, where its AI-native recruiting platform reportedly reduced manual recruiting work by 70% and cut time-to-hire by more than half. The customer example supports demand for Paylocity’s integrated human-capital-management ecosystem. Paylocity partners for AI-powered recruiting
• Positive Sentiment: Sector momentum: Paylocity traded higher alongside MongoDB, Datadog, Five9 and Monday.com, suggesting investor appetite for software and technology shares also contributed to the stock’s recent strength. Software stocks trade higher
• Neutral Sentiment: Mixed estimate revisions: Zacks slightly reduced its Q2 2028 EPS forecast to $1.57 from $1.58 and Q4 2027 to $1.39 from $1.43, partly offsetting the broader upward revisions. The current-year consensus remains approximately $6.86 per share.
• Neutral Sentiment: Limited insider sale: Director Steven Sarowitz sold 441 shares for approximately $68,355 under a pre-arranged Rule 10b5-1 plan. The transaction reduced his holdings by only 0.01%, leaving him with nearly 4.47 million shares, making it unlikely to materially alter investor sentiment. Paylocity director stock sale
• Negative Sentiment: Valuation risk remains: With PCTY trading near its 52-week high and at roughly 32 times earnings, the stock may be vulnerable if future growth slows or estimates are revised lower. Zacks’ continued “Hold” rating reinforces that the improved outlook is not yet a broad-based bullish endorsement.

Paylocity Stock Performance

Shares of NASDAQ:PCTY opened at $157.93 on Friday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.07. Paylocity Holding Corporation has a 1-year low of $92.99 and a 1-year high of $180.86. The stock has a market capitalization of $8.38 billion, a P/E ratio of 31.91 and a beta of 0.48. The business has a 50-day moving average price of $131.32 and a two-hundred day moving average price of $116.22.

Paylocity (NASDAQ:PCTY) last issued its earnings results on Tuesday, August 4th. The software maker reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.22. Paylocity had a net margin of 15.23% and a return on equity of 27.02%. The company had revenue of $444.73 million for the quarter, compared to analyst estimates of $431.46 million. During the same quarter last year, the firm earned $1.56 EPS. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. Equities analysts predict that Paylocity Holding Corporation will post 6.92 earnings per share for the current year.

Analyst Upgrades and Downgrades

PCTY has been the topic of a number of research analyst reports. Raymond James Financial set a $140.00 price objective on shares of Paylocity in a report on Friday, May 8th. Cantor Fitzgerald upped their target price on shares of Paylocity from $140.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Zacks Research cut shares of Paylocity from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Citizens Jmp lowered their price target on shares of Paylocity from $170.00 to $150.00 and set a “market outperform” rating for the company in a report on Friday, May 8th. Finally, UBS Group upped their price objective on Paylocity from $122.00 to $128.00 and gave the stock a “neutral” rating in a report on Wednesday, July 22nd. Twelve investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $160.53.

Paylocity Profile

Paylocity (NASDAQ: PCTY) is a leading provider of cloud-based payroll and human capital management (HCM) software designed to streamline workforce administration for mid-sized organizations. The company’s integrated platform automates core functions such as payroll processing, benefits administration, time and labor tracking, and compliance management, enabling employers to manage employee data more efficiently and reduce administrative burdens.

In addition to payroll and HR capabilities, Paylocity offers talent management solutions including recruiting, onboarding, performance tracking, and learning management.