Large Outflow of Money Witnessed in Paycom Software

Paycom Software (NYSE:PAYC) had an volatile session and gained 0.11 points till last call. The price was at $41.18, gaining 0.27% till the last intraday data. The total uptick value was $6.21 million while the total downtick value was $12.1 million. The shares saw a net money flow of $(-5.89) million and the up/down ratio stood at 0.51. The stock has seen a change of of 0.56% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-4.76) million. Almost $1.38 million were received in upticks and approximately $6.15 million were lost in downticks, thereby giving the up/down ratio of 0.22.


Currently the company Insiders own 18.7% of Paycom Software shares according to the proxy statements. Institutional Investors own 70.47% of Paycom Software shares. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Kerber William X. Iii, officer (Chief Information Officer) of Paycom Software, Inc., had unloaded 65,000 shares at an average price of $40.04 in a transaction dated on May 19, 2016. The total value of the transaction was worth $2,602,600.

Paycom Software (NYSE:PAYC) : On Monday heightened volatility was witnessed in Paycom Software (NYSE:PAYC) which led to swings in the share price. The stock opened for trading at $41 and hit $42 on the upside , eventually ending the session at $41.18, with a gain of 0.27% or 0.11 points. The heightened volatility saw the trading volume jump to 753,425 shares. The 52-week high of the share price is $46.35 and the company has a market cap of $2,468 million. The 52-week low of the share price is at $22.42 .

Many analysts have stated their opinion on the company shares. UBS initiates coverage on Paycom Software (NYSE:PAYC). UBS has a Buy rating on the shares. The rating by the firm was issued on April 19, 2016.

Paycom Software, Inc. is a provider of cloud-based HCM software solution delivered as SaaS. The Companys solution requires no customization and is -based on a core system of record maintained in a single database for all HCM functions. Talent acquisition includes applicant tracking, candidate tracker, background checks, on-boarding, e-verify and tax credit services. Time and labor management includes time and attendance, scheduling/schedule exchange, time-off requests, labor allocation and labor management reports/push reporting. Payroll includes payroll and tax management, Paycom pay, expense management and garnishment management. Talent management includes employee self-service, compensation budgeting, performance management, executive dashboard and Paycom learning. Human resources management includes document and task management, government and compliance, benefits administration, COBRA administration, personnel action forms, surveys and ACA dashboard.

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