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Paycom Software (NYSE:PAYC) Director Frederick C. Peters II purchased 5,000 shares of Paycom Software stock in a transaction that occurred on Monday, June 9th. The shares were purchased at an average cost of $14.47 per share, for a total transaction of $72,350.00. Following the completion of the acquisition, the director now directly owns 14,500 shares of the company’s stock, valued at approximately $209,815. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Paycom Software (NYSE:PAYC) traded down 0.27% on Tuesday, hitting $14.60. The stock had a trading volume of 40,426 shares. Paycom Software has a 52-week low of $13.01 and a 52-week high of $17.92. The stock’s 50-day moving average is $14.64 and its 200-day moving average is $14.73. The company has a market cap of $745.2 million and a price-to-earnings ratio of 200.55.

Paycom Software (NYSE:PAYC) last announced its earnings results on Friday, May 16th. The company reported $0.02 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.04 by $0.02. The company had revenue of $37.00 million for the quarter, compared to the consensus estimate of $36.39 million. On average, analysts predict that Paycom Software will post $0.14 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on PAYC shares. Analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Paycom Software in a research note on Friday, May 16th. They now have a $18.00 price target on the stock, down previously from $20.00. Separately, analysts at Janney Montgomery Scott cut their price target on shares of Paycom Software from $1,225.00 to $1,200.00 in a research note on Monday, May 12th. Finally, analysts at Barclays initiated coverage on shares of Paycom Software in a research note on Monday, May 12th. They set an “overweight” rating and a $21.00 price target on the stock. They noted that the move was a valuation call. Five equities research analysts have rated the stock with a buy rating, Paycom Software has an average rating of “Buy” and an average target price of $215.83.

Paycom Software, Inc is a provider of a cloud-based human capital management (NYSE:PAYC) software solution delivered as Software-as-a-Service (SaaS).

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