Paycom Software Inc’s recent filing unveils that its CEO, President and Chairman Richison Chad R. unloaded Company’s shares for reported $0.28 million on Jun 21 ’24. In the deal valued at $145.54 per share,1,950 shares were sold. As a result of this transaction, Richison Chad R. now holds 3,624,199 shares worth roughly $525.51 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Richison Chad R. sold 1,950 shares, generating $283,801 in total proceeds. Upon selling the shares at $145.54, the CEO, President and Chairman now owns 3,047,108 shares.
Before that, Richison Chad R. sold 1,950 shares. Paycom Software Inc shares valued at $281,157 were divested by the CEO, President and Chairman at a price of $144.18 per share. As a result of the transaction, Richison Chad R. now holds 3,049,058 shares, worth roughly $442.11 million.
BTIG Research initiated its Paycom Software Inc [PAYC] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. UBS began covering PAYC with “Buy” recommendation on November 07, 2023. BofA Securities revised its rating on November 02, 2023. It rated PAYC as “a Neutral” which previously was an “a Buy”.
Price Performance Review of PAYC
On Monday, Paycom Software Inc [NYSE:PAYC] saw its stock fall -1.63% to $145.00. Over the last five days, the stock has gained 1.55%. Paycom Software Inc shares have fallen nearly -29.86% since the year began. Nevertheless, the stocks have fallen -52.73% over the past one year. While a 52-week high of $374.04 was reached on 04/09/24, a 52-week low of $140.12 was recorded on 06/14/24. SMA at 50 days reached $168.52, while 200 days put it at $199.14. A total of 0.66 million shares were traded, compared to the trading of 0.8 million shares in the previous session.
Levels Of Support And Resistance For PAYC Stock
The 24-hour chart illustrates a support level at 143.77, which if violated will result in even more drops to 142.54. On the upside, there is a resistance level at 146.47. A further resistance level may holdings at 147.93. The Relative Strength Index (RSI) on the 14-day chart is 35.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.63, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 46.96%. Stochastics %K at 55.06% indicates the stock is a holding.
#####
#####
#####
#####
