PAYLOCITY HOLDING CORPORATION
At today's price, PAYLOCITY HOLDING CORPORATION (PCTY) is priced for +13.3% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• Paylocity sells cloud payroll and human-capital-management software to mid-sized businesses, a recurring-revenue model that earned a 21% operating margin and a 22% return on equity over the trailing year. • The price is undemanding for the quality, implying only about 7% annual operating growth while the company is actually growing recurring revenue around 11% to 12% and trades at a discount to the software sector multiple. • The watch item is capital allocation: the company expanded beyond pa
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428 institutional managers reported holding PCTY in 13F filings for the quarter ended 2026-03-31. Together they hold about 82% of the company; the top 10 hold 41%. 57 opened new positions that quarter. Held by Vanguard Group, BlackRock, Citadel Advisors, among others. On the short side, 3.0M shares were sold short as of the 2026-06-15 count, about 6% of shares outstanding (4.4 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
PCTY has cut its share count 2% over the past five years, spending $649.64M on repurchases. It pays no dividend. Cash returned over the past three years: $649.64M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at PCTY over the trailing three years. Absence is a fact about the company, not a signal. 17 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
PCTY's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-05 | -3.1% | -1.5% |
| 2023-11-04 | -11.5% | +9.8% |
| 2024-02-10 | -1.3% | +1.2% |
| 2024-05-04 | +12.3% | -19.6% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
PCTY's latest 8-K filings: 2026-05-07 (items 2.02, 8.01, 9.01); 2026-02-05 (items 2.02, 9.01); 2025-12-05 (items 5.02, 5.07, 9.01); 2025-11-04 (items 2.02, 9.01); 2025-08-05 (items 2.02, 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 28, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.