On November 19, 2024, Rachit Lohani, Senior Vice President at Paylocity Holding Corp, executed a sale of 117 shares of the company. Following this transaction, the insider now holds 37,988 shares of Paylocity Holding Corp.
Paylocity Holding Corp (PCTY, Financial) is a provider of cloud-based payroll and human capital management software solutions for medium-sized organizations. The company offers a comprehensive suite of services that help businesses manage their workforce and streamline payroll processes.
The insider transaction history for Paylocity Holding Corp indicates a trend of insider selling, with 74 insider sells and no insider buys over the past year. Over the same period, Rachit Lohani has sold a total of 2,088 shares and has not made any purchases.
On the day of the recent sale, shares of Paylocity Holding Corp were trading at $193.29, giving the stock a market cap of $10.886 billion. The company's price-earnings ratio stands at 53.65, which is higher than the industry median of 26.55 but lower than the company's historical median price-earnings ratio.
With a trading price of $193.29 and a GF Value of $259.64, Paylocity Holding Corp has a price-to-GF-Value ratio of 0.74, indicating that the stock is modestly undervalued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
