Director PETERS FREDERICK C II Sells 1,500 Shares of Paycom Software Inc (PAYC)
PETERS FREDERICK C II, a director at Paycom Software Inc (NYSE:PAYC), executed a sale of 1,500 shares in the company on February 20, 2024, according to a recent SEC Filing.
Paycom Software Inc is a technology company that provides comprehensive, cloud-based human capital management software solutions delivered as Software-as-a-Service. The company offers a suite of products that enables businesses to manage the complete employment lifecycle from recruitment to retirement.
Over the past year, the insider has sold a total of 1,500 shares and has not made any purchases of the company's stock.
The insider transaction history for Paycom Software Inc shows a pattern of 2 insider buys and 5 insider sells over the past year.
On the date of the insider's recent transaction, shares of Paycom Software Inc were trading at $189.87, giving the company a market cap of $10.294 billion.
The price-earnings ratio of the company stands at 30.85, which is above the industry median of 27.25 but below the company's historical median price-earnings ratio.
With the current share price of $189.87 and a GuruFocus Value of $467.66, Paycom Software Inc has a price-to-GF-Value ratio of 0.41, indicating that the stock is Significantly Undervalued according to its GF Value.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
