Andrew Cappotelli, Sr Vice President Operations at Paylocity Holding Corp (PCTY, Financial), executed a sale of 1,508 shares of the company on October 4, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 15,256 shares of the company. The shares were sold at a price of $169.97, valuing the transaction at approximately $256,194.76.
Paylocity Holding Corp (PCTY, Financial) specializes in cloud-based payroll and human capital management software solutions for medium-sized organizations. The company's offerings include payroll processing, human resources management, time and labor tracking, and talent management.
Over the past year, Andrew Cappotelli has sold a total of 1,508 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within the company, where there have been 38 insider sells and no insider buys over the same period.
On the valuation front, Paylocity Holding Corp (PCTY, Financial) has a market cap of $9.22 billion. The stock's price-earnings ratio is 45.60, which is above the industry median of 26.675. Despite this higher PE ratio, the company's stock appears to be significantly undervalued based on the GF Value, with a price-to-GF Value ratio of 0.59, indicating a significant undervaluation.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This sale by the insider at Paylocity Holding Corp (PCTY, Financial) provides an interesting data point for investors, especially considering the company's valuation metrics and stock performance trends.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
