Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Paylocity Holding Corp shares valued at $2,709,748 were sold by Sarowitz Steven I on May 20 ’25. At $200.44 per share, Sarowitz Steven I sold 13,519 shares. The insider’s holdings dropped to 251,672 shares worth approximately $47.62 million following the completion of this transaction.
Also, Sarowitz Steven I sold 604 shares, netting a total of over 120,818 in proceeds. Following the sale of shares at $200.03 each, the insider now holds 251,068 shares.
Before that, Rost Nicholas had sold 377 shares from its account. In a trade valued at $74,816, the VP CAO & Treasurer traded Paylocity Holding Corp shares for $198.45 each. Upon closing the transaction, the insider’s holdings decreased to 377 shares, worth approximately $1.14 million.
As published in a research note from BMO Capital Markets on May 02, 2025, Paylocity Holding Corp [PCTY] has been retained to an Outperform and the price target has been revised to $226. Analysts at Scotiabank started covering the stock with ‘”a Sector perform”‘ outlook in a report released in mid April. As of January 31, 2025, Mizuho has increased its “Neutral” rating to a “an Outperform” for PCTY. Earlier on January 16, 2025, Citigroup upgraded its rating. Their new recommendation was “a Buy” for PCTY stock which previously was a “a Neutral”.
Analyzing PCTY Stock Performance
During the last five days, there has been a drop of approximately -3.72%. Over the course of the year, Paylocity Holding Corp shares have dropped approximately -5.14%. Shares of the company reached a 52-week high of $223.80 on 02/07/25 and a 52-week low of $165.28 on 04/07/25.
Support And Resistance Levels for Paylocity Holding Corp (PCTY)
According to the 24-hour chart, there is a support level at 187.22, which, if violated, would cause prices to drop to 185.23. In the upper region, resistance lies at 192.82. The next price resistance is at 196.43. RSI (Relative Strength Index) is 43.13 on the 14-day chart, showing neutral technical sentiment.
