Paycom Software Inc’s recent filing unveils that its Chief Information Officer Smith Bradley Scott unloaded Company’s shares for reported $0.6 million on Mar 13 ’25. In the deal valued at $201.01 per share,3,000 shares were sold. As a result of this transaction, Smith Bradley Scott now holds 28,733 shares worth roughly $5.55 million.
Then, Craig E. Boelte bought 10,000 shares, generating $2,056,200 in total proceeds.
Before that, Bradley Scott Smith Revocable bought 4,500 shares. Paycom Software Inc shares valued at $925,290 were divested by the Affiliate at a price of $205.62 per share.
KeyBanc Capital Markets upgraded its Paycom Software Inc [PAYC] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including BTIG Research’s analysts, who began to cover the stock in early February with a ‘”a Neutral”‘ rating. Jefferies also remained covering PAYC and has decreased its forecast on January 05, 2024 with a “Hold” recommendation from previously “Buy” rating. UBS started covering the stock on November 07, 2023. It rated PAYC as “a Buy”.
Price Performance Review of PAYC
On Tuesday, Paycom Software Inc [NYSE:PAYC] saw its stock fall -1.76% to $193.07. Over the last five days, the stock has lost -12.60%. Paycom Software Inc shares have fallen nearly -5.81% since the year began. Nevertheless, the stocks have fallen -2.63% over the past one year. While a 52-week high of $242.74 was reached on 03/28/25, a 52-week low of $139.50 was recorded on 04/07/25. SMA at 50 days reached $212.24, while 200 days put it at $190.17.
Levels Of Support And Resistance For PAYC Stock
The 24-hour chart illustrates a support level at 187.56, which if violated will result in even more drops to 182.04. On the upside, there is a resistance level at 202.57. A further resistance level may holdings at 212.07. The Relative Strength Index (RSI) on the 14-day chart is 31.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -18.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.36%. Stochastics %K at 17.55% indicates the stock is a buying.
How much short interest is there in Paycom Software Inc?
A steep rise in short interest was recorded in Paycom Software Inc stocks on 2025-03-14, growing by 0.17 million shares to a total of 2.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.83 million shares. There was a rise of 8.59%, which implies that there is a positive sentiment for the stock.
