Paycom Software, Inc. (PAYC)

Paycom's stock has experienced significant volatility over the past six months. While the stock has shown positive returns of 9.2% over the last 7 days and 11.4% over the last 30 days, it has recorded a 9.2% loss year-to-date and a 44.0% loss over the past year. Recent events include a strong Q1 2026 earnings beat, with revenue of $572 million and non-GAAP EPS of $3.15, surpassing consensus estimates. Following these results, BTIG and Deutsche Bank raised their price targets, reflecting renewed analyst confidence. The company's board also authorized a new $2 billion share repurchase plan.

Demand for Paycom's products and services exhibits seasonality. The first and fourth quarters typically see higher demand due to payroll filing, annual processing of payroll tax and ACA form filing in Q1, and unscheduled payroll runs in Q4. These seasonal fluctuations in recurring revenues also impact the company's operating income.

Paycom Software, Inc. is a leading provider of cloud-based human capital management software solutions, delivered as SaaS. The company is recognized as one of the first fully online payroll providers. Its products and services encompass a suite of applications designed to manage the employment lifecycle, including talent acquisition, time and labor management, payroll, talent management, and HR management. Key innovations include Beti and IWant, which aim to streamline and automate HR processes.

Paycom Software, Inc. is headquartered in Oklahoma City, Oklahoma, with corporate offices and operations centers in the United States. The company has expanded its national presence, with sales offices in 40 of the 50 largest U.S. metropolitan areas. Paycom has a growing international footprint through its Global HCM platform, which supports operations in over 190 countries and territories and is available in nearly 20 languages.

Paycom has maintained a strong brand reputation over the past year, receiving notable accolades. In March 2026, Paycom was recognized as one of USA Today's Most Trusted Brands for 2026. Paycom was named one of the Most Trustworthy Companies in America 2025 by Newsweek, marking its fourth consecutive year to receive this award. These honors reflect strong consumer and client confidence in the company's offerings.

Paycom's ownership structure is a mix of institutional, retail, and individual investors. Institutional investors hold a significant portion of the company's stock. Major institutional shareholders include Vanguard Group Inc, BlackRock, Inc., Harris Associates L P, State Street Corp, Polen Capital Management Llc, First Trust Advisors Lp, Fmr Llc, Geode Capital Management, Llc, Baillie Gifford & Co, and Invesco Ltd. Insider ownership is reported to be between 11.65% and 13.81%. Chad Richison, the founder and CEO, owns the most shares of Paycom among insiders.