Paycom Software Inc (PAYC) President and CEO Chad R. Richison Sold $14 million of Shares

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GuruFocus News
10/01/2020 16:15
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President and CEO of Paycom Software Inc (30-Year Financial, Insider Trades) Chad R. Richison (insider trades) sold 45,000 shares of PAYC on 09/30/2020 at an average price of $311.29 a share. The total sale was $14 million.

Paycom Software Inc is a provider of cloud-based HCM software solution delivered as Software-as-a-Services. It provides functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. Paycom Software Inc has a market cap of $18.76 billion; its shares were traded at around $320.44 with a P/E ratio of 106.11 and P/S ratio of 23.62. Paycom Software Inc had annual average EBITDA growth of 63.30% over the past five years. GuruFocus has detected 1 severe warning sign with Paycom Software Inc. .

CEO Recent Trades:

  • President and CEO, 10% Owner Chad R. Richison sold 45,000 shares of PAYC stock on 09/30/2020 at the average price of $311.29. The price of the stock has increased by 2.94% since.

Directors and Officers Recent Trades:

  • Chief Sales Officer Jeffrey D. York sold 50,000 shares of PAYC stock on 09/02/2020 at the average price of $305.03. The price of the stock has increased by 5.05% since.

For the complete insider trading history of PAYC, click here

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  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].