Insider Selling: Paycom Software Director Unloads 152,000 Shares of Stock (PAYC)
Paycom Software (NASDAQ:PAYC) Director Robert J. Levenson unloaded 152,000 shares of the stock in a transaction that occurred on Monday, April 21st. The stock was sold at an average price of $15.00, for a total value of $2,280,000.00. Following the completion of the transaction, the director now directly owns 314,373 shares of the company’s stock, valued at approximately $4,715,595. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Paycom Software (NASDAQ:PAYC) traded down 0.75% during mid-day trading on Tuesday, hitting $15.98. 97,414 shares of the company’s stock traded hands. Paycom Software has a 1-year low of $15.15 and a 1-year high of $17.92. The stock has a 50-day moving average of $15. and a 200-day moving average of $15.. The company has a market cap of $812.0 million and a price-to-earnings ratio of 161.00.
Paycom Software, Inc is a provider of a cloud-based human capital management (NASDAQ:PAYC) software solution delivered as Software-as-a-Service (SaaS).
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