Shares of Paylocity Holding Corporation (PCTY) Sees Large Inflow of Net Money Flow

Paylocity Holding Corporation (PCTY) : Tuesdays money flow points at investors jumping to buy the stock on the weakness of price. $2.55 million worth of transactions were on upticks, whereas, the downticks accounted for $1.81 million worth of transactions. The net money flow was a positive $0.74 million and the uptick to downtick ratio was 1.41. The net money flow into the stock was $0.79 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.79 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Paylocity Holding Corporation (PCTY) was trading at $44.84, down $0.13 during day. The stock slid -0.29% over the previous days close. For the week, the stock recorded 2.4% over the previous weeks close.


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%. In an insider trading activity, Haske Michael R, (Senior VP of Sales & Marketing) of Paylocity Holding Corp, unloaded 60,000 shares at an average price of $39.07 on June 6, 2016. The total amount of the transaction was worth $2,344,200, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of Paylocity Holding Corporation rose by 5.39% in the last five trading days and 11.06% for the last 4 weeks. Paylocity Holding Corporation is up 33.6% in the last 3-month period. Year-to-Date the stock performance stands at 10.41%.

Paylocity Holding Corporation (NASDAQ:PCTY): On Tuesdays trading session , Opening price of the stock was $45.89 with an intraday high of $45.89. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $44.73. However, the stock managed to close at $44.77, a loss of 0.44% for the day. On the previous day, the stock had closed at $44.97. The total traded volume of the day was 274,289 shares.

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.

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