New insider activity at Paycom ( (PAYC) ) has taken place on February 27, 2025.
Director Watts J C has executed a transaction involving the sale of 500 shares of Paycom stock, amounting to a total value of $109,105.
Recent Updates on PAYC stock
Recent developments for Paycom Software (PAYC) highlight a strategic focus on automation and AI integration, which presents both opportunities and risks. The company’s Q4 earnings call showcased strong revenue growth, record sales, and innovative product achievements, although concerns about slower client growth and declining interest income were noted. Paycom’s Q4 results exceeded expectations, prompting analysts like BofA and Piper Sandler to raise their price targets, citing strong financial performance and strategic initiatives. However, a lower fiscal 2025 revenue guide suggests increased competition, and the company’s transition phase is noted by analysts. Despite these challenges, Paycom’s solid balance sheet and commitment to innovation position it well for future growth.
More about Paycom
YTD Price Performance: 8.77%
Average Trading Volume: 566,165
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $12.54B