CIBC Asset Management and
Stifel Financial Corp are among the investment companies that have reduced their stake in
Paycom Software Inc (PAYC). Meanwhile, institutions like
Campbell & CO and
TD Asset Management have increased their positions. Despite some underperformance relative to competitors and a 4.7% dip post earnings report,
Thematics Asset Management sold shares and
KBC Group trimmed its holdings, indicating a mixed market perception. However,
Norges Bank has invested $6.67 million, reflecting a positive take. Paycom's Q1 2024 earnings call revealed that CEO
Chad R. Richison sold 1,950 shares of the company. The stock is down by 49% from its value three years ago. Despite this, analysts recommend holding the stock for the long term. Q4 2023 earnings results show robust growth with strong earnings, surpassing analyst estimates with
TD Asset Management and
Steward Partners Investment Advisory LLC buying paycom shares. Despite the company posting Q1 sales in line with estimates, Paycom stocks drop due to weak Q2 guidance.
Paycom Software PAYC News Analytics from Tue, 31 Oct 2023 07:00:00 GMT to Sun, 09 Jun 2024 15:30:48 GMT -
Rating -1
- Innovation 2
- Information 8
- Rumor -2
