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Saturday, December 9, 2023

Insights Into Paycom Software Inc (PAYC) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Paycom Software Inc (PAYC) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.35, or 0.20%, to $172.35. The Paycom Software Inc has recorded 31,865 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Paycom Expands Employee-Guided Payroll into Mexico.

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Stocks Info

Paycom Software Inc is listed on the NYSE in the Technology sector while operating in the Software – Application industry. At the end of the last regular session, the stock closed at $172.00 and fluctuated between $172.44 as its day high and $169.25 as its day low. The current market capitalization of Paycom Software Inc is $10.36B. A total of 0.91 million shares were traded on the day, compared to an average of 841.56K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, PAYC has seen 0 BUY and 3 SELL insider trades, representing the acquisition of 0 and the disposition of 2,130 shares. Over the last 12 months, there were 33 BUYs and 19 SELLs from insiders. Insiders purchased 165,968 shares during that period but sold 19,033.

In the most recent transaction, WATTS J C JR bought 314 shares of PAYC for 159.20 per share on Nov 03. After the transaction, the Director now owns 6,864 company shares. In a previous transaction on Sep 08, Clark Jason D. sold 130 shares at 287.36 per share. PAYC shares that Director owns now total 4,970.

Among the insiders who sold shares, Thomas Christopher Gene disposed of 320 shares on Aug 10 at a per-share price of $290.05. This resulted in the SEVP of Operations holding 26,154 shares of PAYC after the transaction. In another insider transaction, Clark Jason D. sold 430 shares at $278.99 per share on May 25. Company shares held by the Director now total 5,100.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Paycom Software Inc pays an annual dividend of $0.30, resulting in a dividend yield of 0.17%, and it has a price to earnings (P/E) ratio of 29.43. PAYC’s most recent ex-dividend date was 11/24/2023 when it declared a $0.3750 quarterly dividend that was paid in cash on 12/11/2023. Previously, the company paid the dividend on 9/11/2023 with an ex-dividend date of 8/25/2023. The PAYC stock dividend was $0.3750 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for PAYC in the last 3 months, the mean price target is $208.47 with high estimates of $391.10 and low estimates of $140.00. In terms of 52-week highs and lows, PAYC has a high of $374.04 and a low of $146.15.

As of this writing, PAYC has an earnings estimate of $1.78 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $1.9 per share and a lower estimate of $1.65. The company reported an EPS of $1.62 in the last quarter, which was 1.90% higher than expectations of $1.59.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. PAYC’s latest balance sheet shows that the firm has $277.98M in Cash & Short Term Investments as of fiscal 2021. There were $29.16M in debt and $1.99B in liabilities at the time. Its Book Value Per Share was $24.63, while its Total Shareholder’s Equity was $893.71M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PAYC is Buy with a score of 3.28.

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