Paycom Software, Inc. has seen significant attention from investors. KLP Kapitalforvaltning AS and Janney Montgomery Scott LLC have increased their shareholdings, whereas Rep. Julie Johnson and Copperwynd Financial LLC have sold their shares. Paycom's valuation has been evaluated following first major layoffs, automation, AI shift, and executive team shift toward tech and innovation. Guggenheim has initiated coverage with a buy recommendation, whereas Weiss Ratings reiterated a 'Hold (C)' rating. The stock's performance has had highs and lows with recent strong growth but also reports of underperforming compared to competitors. Paycom's investment in automation and AI technologies are significant, reshaping their workforce and driving strong AI-driven outlook, despite resulting in layoffs. Quarterly earnings are expected to grow with strong revenue growth evident in Q1 2025 earnings call. Lastly, the workforce solution provided by Paycom Software continues to evolve with the unveiling of IWant, a command-driven AI engine promising accurate and rapid results.
Paycom Software PAYC News Analytics from Wed, 12 Feb 2025 08:00:00 GMT to Sat, 11 Oct 2025 07:55:40 GMT - Rating 3 - Innovation 6 - Information 7 - Rumor -2
