PaylocityPCTY
About: Paylocity is a provider of payroll and human capital management solutions servicing small- to midsize clients in the United States. The company was founded in 1997 and targets businesses with 10-5,000 employees and services about 39,000 clients as of fiscal 2024. Alongside core payroll services, Paylocity offers HCM solutions such as time and attendance and recruiting software as well as workplace collaboration and communication tools.
Employees: 6,400
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
444% more call options, than puts
Call options by funds: $33.4M | Put options by funds: $6.14M
125% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 9 (+5) [Q4]
76% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 42
20% more capital invested
Capital invested by funds: $7.07B [Q3] → $8.48B (+$1.41B) [Q4]
5% more funds holding
Funds holding: 423 [Q3] → 445 (+22) [Q4]
10% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 147
0.01% more ownership
Funds ownership: 76.28% [Q3] → 76.29% (+0.01%) [Q4]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Barclays Raimo Lenschow 33% 1-year accuracy 27 / 82 met price target | 23%upside $231 | Equal-Weight Maintained | 7 Feb 2025 |
Jefferies Samad Samana 33% 1-year accuracy 6 / 18 met price target | 35%upside $255 | Buy Maintained | 7 Feb 2025 |
JMP Securities Patrick Walravens 67% 1-year accuracy 73 / 109 met price target | 43%upside $270 | Market Outperform Maintained | 7 Feb 2025 |
Raymond James Brian Peterson 27% 1-year accuracy 7 / 26 met price target | 41%upside $265 | Outperform Reiterated | 7 Feb 2025 |
Stifel Brad Reback 28% 1-year accuracy 13 / 46 met price target | 33%upside $250 | Buy Maintained | 7 Feb 2025 |
Financial journalist opinion









