Paylocity (PCTY) Director Steven I Sarowitz Sells $1.4M of Stock

By TradeTexts Research Desk Oct 26, 2026, 5:01 PM EDT

Key Points

Steven I Sarowitz, a director at Paylocity, sold 8,080 shares at a price of $176.57 each on October 22, 2026.
After this sale, Sarowitz holds about 4,390,315 shares, reducing his stake by 0.18%.
As of October 26, 2026, Paylocity shares are trading at $177.19, slightly below the closing price of $177.67 on the day of the sale.

Since the trade, $PCTY is down 0.7% to date (from the $177.67 close on Oct 22, 2026).

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On October 22, 2026, Steven I Sarowitz, a director at Paylocity Holding Corporation, sold 8,080 shares for about $1,426,686. This sale was reported in a Form 4 filing with the SEC. Sarowitz planned this transaction, as indicated by its classification.

In his recent trades, Sarowitz sold shares on multiple occasions, including 5,744 shares on October 21, 2026, for approximately $978,108. These sales come as the company continues to see interest from analysts and investors alike.

PCTY Paylocity Holding Corporation

$176.46 +21.11% year to date

Daily close · Oct 26, 2026

Insider trading track record

Steven I Sarowitz vs. the S&P 500

YTD return -11.40% hypothetical

All-time return -11.05% S&P 500 +0.76%

vs. S&P 500 -11.81% behind the index

Hypothetical returns from Steven I Sarowitz's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in Paylocity

A few other notable funds have been active with Paylocity shares. Burney Co/ increased its holdings by 19,352 shares, totaling 19,352 shares worth about $2,759,010. AQR Capital Management, LLC added 1,217,371 shares, now holding 2,352,978 shares valued at approximately $415,206,513, reflecting a 107.2% increase. Meanwhile, Citadel Advisors LLC trimmed its stake by 226,756 shares, bringing its total to 1,498,936 shares valued at about $264,502,256, a decrease of 13.1%.

Paylocity Holding Corporation Stock Down 0.3%

Paylocity shares closed at $177.67 on October 22, 2026. As of October 26, 2026, the stock is trading slightly below that at $177.19, down about 0.3%. The stock is currently above its 50-day moving average by 16.5% and its 200-day moving average by 40.9%, indicating strong performance relative to these benchmarks.

Recent Earnings

Paylocity reported a trailing twelve-month revenue of approximately $1.77 billion and an earnings per share (EPS) of $4.92. The company has shown a revenue growth of 11.0% year-over-year. Its next earnings report is scheduled for November 5, 2026.

Insider Buying and Selling at Paylocity Holding Corporation

Steven I Sarowitz has been active in trading Paylocity shares recently. Before his latest sale on October 22, he sold 5,744 shares on October 21 for about $978,108, 10,617 shares on October 20 for approximately $1,802,346, and 10,445 shares on October 19 for about $1,736,586. These transactions were all planned and show a consistent pattern of selling.

Analysts Set New Price Targets

Analysts have shown continued support for Paylocity. On October 20, 2026, Citizens maintained a Market Outperform rating with a price target of $180, up from $150. Earlier, Barclays also maintained its Equal-Weight rating with a target raised to $162 from $154 on October 13, 2026.

About Paylocity

Paylocity Holding Corporation provides cloud-based software solutions for human capital management, finance, and IT needs in the United States. The company has been growing steadily, reflected in its recent revenue figures and analyst ratings.

Bottom Line

Investors will be watching Paylocity closely as it prepares for its next earnings report on November 5, 2026. Further insider trading activities and analyst updates will also be key indicators of market sentiment surrounding the stock.