Paycom Software Inc (NYSE:PAYC) Director Robert J. Levenson sold 18,750 shares of Paycom Software stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $88.89, for a total value of $1,666,687.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Paycom Software Inc (NYSE:PAYC) opened at $91.19 on Friday. Paycom Software Inc has a 12 month low of $42.52 and a 12 month high of $91.79. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.21. The company has a market cap of $5,400.00, a P/E ratio of 86.03, a P/E/G ratio of 2.88 and a beta of 1.67.

Paycom Software (NYSE:PAYC) last posted its quarterly earnings data on Tuesday, October 31st. The software maker reported $0.29 EPS for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.10. Paycom Software had a net margin of 15.37% and a return on equity of 44.27%. The business had revenue of $101.30 million for the quarter, compared to analyst estimates of $100.47 million. During the same quarter last year, the business earned $0.15 earnings per share. The business’s revenue for the quarter was up 31.0% on a year-over-year basis. research analysts expect that Paycom Software Inc will post 0.82 EPS for the current fiscal year.

PAYC has been the topic of a number of recent analyst reports. Bank of America initiated coverage on Paycom Software in a report on Monday, November 6th. They set a “buy” rating and a $92.00 price target on the stock. Zacks Investment Research raised Paycom Software from a “hold” rating to a “buy” rating and set a $87.00 price target on the stock in a report on Friday, November 3rd. Mizuho reaffirmed a “hold” rating and set a $70.00 price target on shares of Paycom Software in a report on Thursday, October 12th. KeyCorp reaffirmed a “hold” rating on shares of Paycom Software in a report on Friday, October 6th. Finally, Dougherty & Co initiated coverage on Paycom Software in a report on Tuesday, October 31st. They set a “buy” rating and a $100.00 price target on the stock. Six equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. Paycom Software presently has an average rating of “Buy” and an average target price of $84.33.

Institutional investors have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Paycom Software by 10.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,835 shares of the software maker’s stock worth $126,000 after buying an additional 167 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Paycom Software by 7.2% in the second quarter. PNC Financial Services Group Inc. now owns 2,220 shares of the software maker’s stock worth $152,000 after buying an additional 150 shares during the last quarter. Fortaleza Asset Management Inc. acquired a new position in Paycom Software in the third quarter worth approximately $164,000. Raymond James Trust N.A. acquired a new position in Paycom Software in the second quarter worth approximately $203,000. Finally, Concorde Asset Management LLC acquired a new position in Paycom Software in the third quarter worth approximately $254,000. Hedge funds and other institutional investors own 88.41% of the company’s stock.

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About Paycom Software

Paycom Software, Inc is a provider of a cloud-based human capital management (HCM) software solution delivered as Software-as-a-Service (SaaS). The Company provides functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. The Company’s applications streamline client processes and provide clients and their employees with the ability to directly access and manage administrative processes, including applications that identify candidates, on-board employees, manage time and labor, administer payroll deductions and benefits, manage performance, terminate employees and administer post-termination health benefits, such as COBRA.

Insider Buying and Selling by Quarter for Paycom Software (NYSE:PAYC)

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