Paylocity CEO Williams sells $1.37 million in shares

Published 19/08/2025, 21:06
Paylocity CEO Williams sells $1.37 million in shares

Paylocity Holding Corp (NASDAQ:PCTY), a $9.78 billion market cap company with impressive gross margins of ~69%, saw its President and CEO Toby J. Williams sell 8,000 shares of common stock between August 15, 2025. The sales, executed under a pre-arranged 10b5-1 trading plan, fetched prices ranging from $171.50 to $172.04, totaling $1,374,170. According to InvestingPro analysis, the company currently trades at $178.04 and appears slightly undervalued based on its Fair Value estimates.

According to a Form 4 filing with the Securities and Exchange Commission, Williams also disposed of 13,515 shares of common stock on August 15 and 1,588 shares on August 18 to cover tax obligations. The price per share was $171.64 and $171.96 respectively, for a total value of $2,592,787. InvestingPro data shows the company maintains strong financial health with more cash than debt on its balance sheet, and subscribers can access 13 additional key insights about PCTY’s financial position.

On the same day, Williams acquired 46,576, 27,398 and 42,332 shares of Paylocity Holding Corp (NASDAQ:PCTY) common stock.

Additionally, Williams was granted 15,836 market stock units.

In other recent news, Paylocity Holding has reported impressive fourth-quarter 2025 earnings results, exceeding analyst expectations. The company delivered an earnings per share (EPS) of $0.86, surpassing the forecasted $0.75, and reported revenue of $400.7 million, which also exceeded the expected $388.53 million. Following these results, BMO Capital raised its price target for Paylocity to $230, maintaining an Outperform rating, noting the company’s above-average recurring revenue performance. KeyBanc also increased its price target to $225, citing Paylocity’s solid fiscal results and a 7% growth in its client base for the year.

Cantor Fitzgerald initiated coverage on Paylocity with an Overweight rating and a price target of $215, highlighting a strong quantitative setup and potential for the company to exceed expectations in future fiscal years. These developments reflect a positive sentiment among analysts regarding Paylocity’s financial performance and growth prospects. Investors are closely watching these updates as they assess the company’s potential in the coming years.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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