Piper Sandler analyst Arvind Ramnani maintained a Hold rating on Paycom (PAYC – Research Report) today and set a price target of $190.00. The company’s shares closed yesterday at $199.03.
According to TipRanks, Ramnani is a 2-star analyst with an average return of -0.1% and a 49.84% success rate. Ramnani covers the Technology sector, focusing on stocks such as Globant SA, Epam Systems, and Thoughtworks Holding.
In addition to Piper Sandler, Paycom also received a Hold from William Blair’s Matthew Pfau in a report issued today. However, on the same day, Robert W. Baird maintained a Buy rating on Paycom (NYSE: PAYC).
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The company has a one-year high of $372.76 and a one-year low of $145.84. Currently, Paycom has an average volume of 847.4K.
Based on the recent corporate insider activity of 44 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.
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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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