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Paychex Inc (PAYX) CEO & President Martin Mucci Sold $4.2 million of Shares

GuruFocus.com
·1 min read

- By insider

CEO & President of Paychex Inc (30-Year Financial, Insider Trades) Martin Mucci (insider trades) sold 50,000 shares of PAYX on 10/12/2020 at an average price of $83.11 a share. The total sale was $4.2 million.


Paychex Inc operates in payroll outsourcing industry. The company provides integrated payroll, human resource, insurance, and benefits outsourcing solutions for small and medium-sized businesses in the United States. Paychex Inc has a market cap of $29.9 billion; its shares were traded at around $83.17 with a P/E ratio of 28.66 and P/S ratio of 7.55. The dividend yield of Paychex Inc stocks is 3.00%. Paychex Inc had annual average EBITDA growth of 7.60% over the past ten years. GuruFocus rated Paychex Inc the business predictability rank of 4.5-star. GuruFocus has detected 1 severe warning sign with Paychex Inc. .

CEO Recent Trades:

  • CEO & President Martin Mucci sold 50,000 shares of PAYX stock on 10/12/2020 at the average price of $83.11. The price of the stock has increased by 0.07% since.

Directors and Officers Recent Trades:

  • CLO, Secretary Stephanie L Schaeffer sold 63,000 shares of PAYX stock on 10/08/2020 at the average price of $81.94. The price of the stock has increased by 1.5% since.

  • Sr. VP, Service John B Gibson sold 14,227 shares of PAYX stock on 10/08/2020 at the average price of $82.18. The price of the stock has increased by 1.2% since.

For the complete insider trading history of PAYX, click here

.This article first appeared on GuruFocus.