In a filing, Paycom Software Inc revealed its Director PETERS FREDERICK C II unloaded Company’s shares for reported $0.32 million on Feb 18 ’25. In the deal valued at $210.57 per share,1,500 shares were sold. As a result of this transaction, PETERS FREDERICK C II now holds 14,783 shares worth roughly $ 3.16 million.
Then, Peters Frederick C. II bought 1,500 shares, generating $315,855 in total proceeds.
Before that, Richison Chad R. sold 1,950 shares. Paycom Software Inc shares valued at $446,732 were divested by the CEO, President and Chairman at a price of $229.09 per share. As a result of the transaction, Richison Chad R. now holds 2,731,410 shares, worth roughly $583.35 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 Tuesday, Paycom Software Inc [NYSE:PAYC] saw its stock jump 2.08% to $213.57. Over the last five days, the stock has gained 4.30%. Paycom Software Inc shares have risen nearly 4.20% since the year began. Nevertheless, the stocks have risen 12.85% over the past one year. While a 52-week high of $242.74 was reached on 01/28/25, a 52-week low of $139.50 was recorded on 01/08/25. SMA at 50 days reached $212.10, while 200 days put it at $181.02.
Levels Of Support And Resistance For PAYC Stock
The 24-hour chart illustrates a support level at 210.53, which if violated will result in even more drops to 207.48. On the upside, there is a resistance level at 215.50. A further resistance level may holdings at 217.42. The Relative Strength Index (RSI) on the 14-day chart is 57.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.11, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.32%. Stochastics %K at 62.05% indicates the stock is a holding.
