Paylocity (PCTY) Director Steven I Sarowitz Sells $1.7M of Stock
Key Points
- Paylocity Holding Corporation director Steven I Sarowitz sold 10,445 shares on October 19, 2026, realizing roughly $1.74 million at an average price of $166.26.
- After the trade, Steven I Sarowitz holds 4,414,756 $PCTY shares, down 0.24% from before the trade.
- The stock traded around $169.28 recently, sitting above its 50-day and 200-day moving averages while heading toward an earnings report.
- Wall Street analysts hold a strong buy consensus on the software application provider ahead of its scheduled November 5, 2026 earnings release.
Since the trade, $PCTY is up 2.2% to date (from the $166.17 close on Oct 19, 2026).
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Paylocity Holding Corporation director Steven I Sarowitz sold 10,445 shares on October 19, 2026, according to a Form 4 filed with the Securities and Exchange Commission. The shares were disposed of at an average price of $166.26, bringing the total value of the transaction to about $1.74 million.
PCTY
Paylocity Holding Corporation
Steven I Sarowitz vs. the S&P 500
Hypothetical returns from Steven I Sarowitz's disclosed trades, not real profit or advice. How we model this.
Inside Steven I Sarowitz's PCTY Trade
The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Following the sale, Sarowitz directly holds 4,414,756 shares of the company. This latest move marks another step in a series of planned sales by the director during October 2026.
Other Institutional Activity in Paylocity Holding Corporation
Burney Co/ opened a new position by acquiring 19,352 shares worth about $2,759,010. AQR Capital Management, LLC grew its holdings by 1,217,371 shares, ending with 2,352,978 shares worth about $398,429,769 after a 107.2% increase. Citadel Advisors Llc reduced its stake by 226,756 shares, ending with 1,498,936 shares valued at roughly $253,814,835 following a 13.1% decrease.
Paylocity Holding Corporation Stock Down 0.5%
Shares recently traded around $169.28 as of October 21, 2026, up about 1.9% from an event-day close of $166.17 on October 19, 2026. The stock trades above its 50-day moving average of $150.45 and well above its 200-day moving average of $125.42. The share price sits 1.5% below its 52-week high of $171.81 and 82.0% above its 52-week low of $92.99, while trading roughly 2.8% below the analyst mean price target of $174.10.
Recent Earnings
Paylocity Holding Corporation reported trailing twelve-month revenue of $1.77 billion and basic earnings of $4.92 per share, alongside a net margin of 15.2% and a return on equity of 22.0%. The company's next earnings report is scheduled for November 5, 2026.
Insider Buying and Selling at Paylocity Holding Corporation
Insiders executed multiple sales recently, continuing a trend of planned transactions.
Analysts Set New Price Targets
Wall Street analysts maintain a strong buy consensus on the software firm, supported by twenty analyst opinions and a mean price target of $174.10.
About Paylocity Holding Corporation
Paylocity Holding Corporation provides cloud-based software solutions for human capital management, finance, and IT operations in the United States. Based in Schaumburg, Illinois, the company serves businesses looking to streamline administrative workflows.
Bottom Line
Observers will monitor the company's upcoming financial results on November 5, 2026, alongside future SEC filings to track insider activity.
Related Filing Alerts
Source: Steven I Sarowitz's Form 4 filing on $PCTY (Oct 19, 2026). Written by software, not financial advice. How we make alerts