On November 25, 2024, Rachit Lohani, Senior Vice President at Paylocity Holding Corp, executed a sale of 240 shares of the company. Following this transaction, the insider now holds 37,748 shares of Paylocity Holding Corp. The details of this transaction can be found in the SEC Filing.
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 products that enable clients to manage their workforce more effectively.
Over the past year, Rachit Lohani has sold a total of 2,328 shares and has not made any purchases. The insider transaction history for Paylocity Holding Corp indicates that there have been no insider buys in the past year, while there have been 78 insider sells.
On the day of the recent sale, shares of Paylocity Holding Corp were trading at $210 each, giving the stock a market cap of $11.811 billion. The company's price-earnings ratio stands at 58.21, which is higher than the industry median of 26.46 but lower than the company's historical median price-earnings ratio.
With a trading price of $210 and a GF Value of $260.31, Paylocity Holding Corp has a price-to-GF-Value ratio of 0.81, indicating that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates 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.
