Paycom (PAYC – Research Report) received a Hold rating and price target from Oppenheimer analyst Brian Schwartz today. The company’s shares closed yesterday at $244.97.
Schwartz covers the Technology sector, focusing on stocks such as Workday, Freshworks, and Adobe. According to TipRanks, Schwartz has an average return of 20.7% and a 63.60% success rate on recommended stocks.
In addition to Oppenheimer, Paycom also received a Hold from TD Cowen’s Bryan Bergin in a report issued today. However, yesterday, Jefferies maintained a Buy rating on Paycom (NYSE: PAYC).
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The company has a one-year high of $373.55 and a one-year low of $236.87. Currently, Paycom has an average volume of 554.5K.
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PAYC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Paycom (PAYC) Company Description:
Incorporated in 1998, Oklahoma-based Paycom Software, Inc. provides cloud-based human capital management (HCM) software services for small to mid-sized companies in the United States.
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