Paylocity Holding Corporation (NASDAQ:PCTY) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $39.85 with a loss of -0.47 points or -1.15%. The net money flow was $4.51 million and the up/down ratio was 3.02. Approximately $6.74 million was the inflow in upticks and $2.23 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of 4.2%.The shares witnessed a block transaction with a net money flow of $4.51 million. The total money in uptick was $5.19 million and in downtick was $0.68 million with the up/down ratio reaching 7.66.
Currently the company Insiders own 60.8% of Paylocity Holding Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.97% . Institutional Investors own 62.28% of Paylocity Holding Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -5.91%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Haske Michael R, (Senior VP of Sales & Marketing) of Paylocity Holding Corp, had unloaded 60,000 shares at an average price of $39.07 in a transaction dated on June 6, 2016. The total value of the transaction was worth $2,344,200.
Paylocity Holding Corporation (NASDAQ:PCTY) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.64 points or 1.59% at $39.67 with 454,358 shares getting traded. Post opening the session at $40.17, the shares hit an intraday low of $39.66 and an intraday high of $41.42 and the price was in this range throughout the day. The company has a market cap of $2,024 million and the number of outstanding shares have been calculated to be 51,010,873 shares. The 52-week high of Paylocity Holding Corporation (NASDAQ:PCTY) is $46.9 and the 52-week low is $24.0001.
Many analysts have stated their opinion on the company shares. UBS initiates coverage on Paylocity Holding Corporation (NASDAQ:PCTY). The shares have now been rated Neutral by the stock experts at the ratings house. The rating by the firm was issued on April 19, 2016.
Paylocity Holding Corporation is a cloud-based provider of payroll and human capital management (HCM), software solutions for medium-sized organizations. The Companys solutions enable its clients to manage their workforce. Its multi-tenant software platform is configurable and includes a suite of payroll and HCM applications, such as time and labor tracking, benefits and talent management. Its payroll and HCM applications use a unified database and provide on-demand reporting and analytics. The Companys platform provides intuitive self-service functionality for employees and managers combined with seamless integration across all its solutions. The Company markets and sells its products primarily through its direct sales force. Its products include Paylocity Web Pay, Paylocity Affordable Care Act Enhanced, Paylocity Impressions, Performance Management, Paylocity Web Onboarding, Paylocity Web Time, and Paylocity Web Benefits and Paylocity Enterprise Benefits, powered by bswift.