Paylocity (PCTY) Chairman Steven R Beauchamp Sells $2.5M of Stock

Paylocity Holding Corporation Executive Chairman Steven R Beauchamp sold 15,000 shares of the company on October 15, 2026. According to a Form 4 filing with the U.S. Securities and Exchange Commission, the transaction was carried out under a pre-arranged trading plan.

Inside Steven R Beauchamp's Paylocity Trade

The shares were sold at an average price of $165.22 for a total value of $2,478,270. Following the transaction, the Executive Chairman directly held 1,243,389 shares of the company, representing an approximate 1.19% reduction in his holdings. Paylocity shares closed at $166.25 on the day of the trade.

Other Institutional Activity in Paylocity Holding Corporation

Institutional investors have adjusted their positions in the cloud software provider recently. Burney Co grew its holdings by acquiring a new stake of 19,352 shares worth about $2,759,010. Meanwhile, AQR Capital Management, LLC grew its holdings by 1,217,371 shares, ending with 2,352,978 shares worth about $391,347,318. Citadel Advisors Llc reduced its stake by 226,756 shares, ending with 1,498,936 shares valued at roughly $249,303,046.

Paylocity Holding Corporation Stock Down 1.4%

The stock recently traded around $163.93 as of October 17, 2026, down about 1.4% from its event-day close. The shares sit near the upper end of their 52-week range of $92.99 to $169.09 and trade well above their 50-day and 200-day moving averages.

Recent Earnings

Paylocity posted trailing twelve-month revenue of $1.77 billion alongside a net profit margin of 15.2%. Investors will look toward the company's upcoming earnings report on November 5, 2026, for further updates.

Insider Buying and Selling at Paylocity Holding Corporation

Insider activity has included several transactions prior to this filing. Director Craig Conway sold 3,145 shares on August 27, 2026, at an average price of $156.80 for a total value of $493,136. Director Steven I Sarowitz sold 5,100 shares on August 28, 2026, for $808,633. Officer Andrew Cappotelli sold 69 shares on September 4, 2026, at $152.37 per share for a total value of $10,514. Executive Steven Raymond Beauchamp sold 15,000 shares earlier on September 15, 2026, for a total value of $2,207,661.

Analysts Set New Price Targets

Analyst coverage includes several rating updates from major firms leading up to the fall. On August 5, 2026, TD Cowen maintained its buy rating and raised its price target from $137.00 to $168.00. Keybanc maintained an overweight rating on the same day with a price target raised to $178.00 from $172.00. Barclays maintained an equal-weight rating on August 6, 2026, raising its target to $154.00 from $128.00. TD Cowen later updated its target to $177.00 on August 20, 2026, while maintaining a buy rating. Barclays subsequently maintained its equal-weight rating on October 13, 2026, with a target of $162.00. Overall, the company holds a consensus strong buy rating and a mean price target of $172.60 from 20 analyst opinions.

About Paylocity Holding Corporation

Paylocity Holding Corporation builds cloud-based software platforms that help businesses manage payroll, human resources, finance, and other administrative tasks. Its applications are designed to simplify workforce management for organizations across the United States.

Bottom Line

Market participants continue to monitor insider transactions and institutional portfolio adjustments as Paylocity approaches its next scheduled earnings release. The upcoming financial report on November 5, 2026, will provide fresh insight into the company's software revenue growth and profitability.