In Friday’s Wall Street session, Paycom Software Inc (NYSE:PAYC) shares traded at $257.90, down -1.38% from the previous session.
PAYC stock price is now 13.29% away from the 50-day moving average and 26.86% away from the 200-day moving average. The market capitalization of the company currently stands at $14.91B.
With the price target enhanced from $215 to $244, BMO Capital Markets maintained Market Perform rating for Paycom Software Inc (NYSE: PAYC). On March 10, 2025, KeyBanc Capital Markets Upgraded its previous ‘Sector Weight’ rating to ‘Overweight’ on the stock keeping its target price maintained at $245, while ‘BTIG Research’ rates the stock as ‘Neutral’
In other news, Richison Chad R., CEO, President and Chairman sold 30,000 shares of the company’s stock on May 13 ’25. The stock was sold for $7,815,627 at an average price of $260.52. Upon completion of the transaction, the CEO, President and Chairman now directly owns 3,247,249 shares in the company, valued at $837.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 12 ’25, CEO, President and Chairman Richison Chad R. sold 26,426 shares of the business’s stock. A total of $6,752,467 was realized by selling the stock at an average price of $255.52. This leaves the insider owning 3,277,249 shares of the company worth $845.2 million. A total of 11.62% of the company’s stock is owned by insiders.
During the past 12 months, Paycom Software Inc has had a low of $139.50 and a high of $262.80. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 1.15, and a quick ratio of 1.14.
The net profit margin was 20.60% and return on equity was 24.99% for PAYC. The company reported revenue of $530.5 million for the quarter, compared to $499.9 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.12 percent.
