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A company insider recently sold 3,000 shares of Paycom Software Inc [PAYC]. Should You also Consider to Sale?

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 $6.27 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 Monday, Paycom Software Inc [NYSE:PAYC] saw its stock jump 1.18% to $218.27. Over the last five days, the stock has gained 11.06%. Paycom Software Inc shares have risen nearly 6.49% since the year began. Nevertheless, the stocks have risen 6.72% 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 $212.83, while 200 days put it at $191.61.

Levels Of Support And Resistance For PAYC Stock

The 24-hour chart illustrates a support level at 215.61, which if violated will result in even more drops to 212.96. On the upside, there is a resistance level at 221.16. A further resistance level may holdings at 224.06. The Relative Strength Index (RSI) on the 14-day chart is 53.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.24, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.70%. Stochastics %K at 68.08% indicates the stock is a holding.

How much short interest is there in Paycom Software Inc?

A steep rise in short interest was recorded in Paycom Software Inc stocks on 2025-03-31, growing by 0.16 million shares to a total of 2.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.03 million shares. There was a rise of 7.42%, which implies that there is a positive sentiment for the stock.

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