Paycom Software (PAYC) shows a mixed performance in market activities in recent times, despite the company's recognition as one of the 'World's Best Companies' by TIME. Despite this, Paycom’s shares dropped 23% year-to-date, leaving investors to question their next step. Please note, the funds like Mediolanum International and Schaper Benz & Wise Investment Counsel Inc have diminished their positions in the company. However, several other entities like Boyd Watterson Asset Management LLC and Stratos Wealth Advisors LLC have taken positions in the company. Paycom also experiences several instances of insider selling from its CEO who sold 1,950 shares of stock. Amid the inconsistent trading and stock manipulation, Paycom still managed to beat Q2 earnings and revenue estimates. Also, Raymond James & Associates invested $40.53 million in the company. Barclays, Jefferies Financial Group have issued a new price target for the company, indicating a level of confidence in its valuation. Paycom's GONE has been named the Top HR product of 2024.
Paycom Software PAYC News Analytics from Thu, 08 Feb 2024 08:00:00 GMT to Sat, 26 Oct 2024 10:16:43 GMT - Rating -1 - Innovation -1 - Information -2 - Rumor -2
