PCTY Paylocity Holding Corp

NEUTRAL Impact: 3/10 Insider Cluster (2 insiders)
Horizon days Filed Jun 5, 2026 Processed 1d 2h ago
Insider cluster: 2 insiders, $130K total

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Executive Summary

CFO Ryan Glenn and SVP Cappotelli sold ~$130K in open-market shares over a 4-day window, the largest insider sales at Paylocity in the past 30 days. No insiders bought. The dollar amount is trivial relative to PCTY's $6B market cap (0.002%), making this routine portfolio activity with no material signaling value.

Key Financial Metrics

Direction
selling
Total Value
$129.7K
Insiders
2

Actionable Insight

Insider sales are too small in dollar terms to warrant action. The CFO's sale likely represents routine portfolio diversification. Monitor next quarterly filing for any change in guidance, but this cluster alone provides no clear trading signal.

Key Facts

  • CFO Ryan Glenn sold 1,034 shares at $117.55 ($122K) on 2026-06-01
  • SVP Andrew Cappotelli sold 70 shares at $116.35 ($8K) on 2026-06-04
  • Total open-market sales: $129.7K
  • Sales represent ~0.002% of PCTY's $6.0B market cap
  • No insider open-market purchases in the cluster window
  • SVP Cappotelli also had a non-cash tax-withholding transaction ($6.8K, 59 shares)

Financial Impact

Trivial — $130K in sales vs. $6.0B market cap (<0.01%)

dilution

Risk Factors

  • No risk signaled — insider activity is within normal liquidity-driven range
  • CFO selling could be interpreted as lack of conviction by some traders, but dollar amount is immaterial

Market Snapshot

Exchange
Nasdaq
Sector
Services-Prepackaged Software
Analyst Consensus
82% bullish (28 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-PCTY-1780689818333

US Market Status

Market Closed — Opens Mon (14h 50m)

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