In a filing, Paycom Software Inc revealed its CEO, President and Chairman Richison Chad R. unloaded Company’s shares for reported $7.82 million on May 13 ’25. In the deal valued at $260.52 per share,30,000 shares were sold. As a result of this transaction, Richison Chad R. now holds 3,247,249 shares worth roughly $842.79 million.
Then, Richison Chad R. sold 26,426 shares, generating $6,752,467 in total proceeds. Upon selling the shares at $255.52, the CEO, President and Chairman now owns 3,277,249 shares.
Before that, Richison Chad R. sold 3,574 shares. Paycom Software Inc shares valued at $911,406 were divested by the CEO, President and Chairman at a price of $255.01 per share. As a result of the transaction, Richison Chad R. now holds 3,303,675 shares, worth roughly $857.44 million.
BMO Capital Markets reiterated its Paycom Software Inc [PAYC] rating to a Market perform in a research note published on May 08, 2025; the price target was $244. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who increased its forecast for the stock in early March from “a Sector weight” to “an Overweight”. BTIG Research began covering PAYC with “Neutral” recommendation on February 06, 2024. Jefferies revised its rating on January 05, 2024. It rated PAYC as “a Hold” which previously was an “a Buy”.
Price Performance Review of PAYC
On Monday, Paycom Software Inc [NYSE:PAYC] saw its stock jump 0.17% to $259.54. Over the last five days, the stock has gained 0.64%. Paycom Software Inc shares have risen nearly 26.62% since the year began. Nevertheless, the stocks have risen 58.65% over the past one year. While a 52-week high of $262.80 was reached on 05/22/25, a 52-week low of $139.50 was recorded on 04/07/25. SMA at 50 days reached $232.06, while 200 days put it at $205.88.
Levels Of Support And Resistance For PAYC Stock
The 24-hour chart illustrates a support level at 254.99, which if violated will result in even more drops to 250.45. On the upside, there is a resistance level at 262.04. A further resistance level may holdings at 264.55. The Relative Strength Index (RSI) on the 14-day chart is 63.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 29.32%. Stochastics %K at 63.33% indicates the stock is a holding.
The most recent change occurred on November 07, 2023 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $235 price target.
