Paylocity Holding Corp. (PCTY)

Over the past six months, Paylocity's stock price has been impacted by several events. In May 2026, the company reported robust financial results for its fiscal third quarter, surpassing EPS and revenue forecasts, and raised its full-year revenue guidance. Paylocity also announced a $1 billion boost to its share repurchase authorization. In April 2026, Paylocity completed the acquisition of Grayscale Labs and launched Elevate Solutions. Several analysts lowered Paylocity's price target in April 2026. Paylocity announced its second-quarter fiscal year 2026 results in February 2026 and held its Annual General Meeting in December 2025. Paylocity announced its first-quarter fiscal year 2026 results in November 2025. The stock price experienced a significant decline of 41.49% from May 2, 2025, to May 1, 2026, and decreased by 27.2% from January 1, 2026, to May 9, 2026.

Paylocity experiences demand seasonality for its products and services, with the third fiscal quarter (ending March 31) identified as a period of strong selling season performance and the busiest time of the year for its sales and operations teams.

Paylocity Holding Corp. is an American provider of cloud-based human capital management (HCM), payroll, and spend management software solutions, operating within the Technology sector. Founded in 1997, Paylocity primarily serves mid-market customers, with an average client size of around 150 employees, and had over 41,000 customers in fiscal 2025. Paylocity offers a comprehensive suite of HR, Finance and IT products designed to streamline operations, manage talent, and foster culture and connection within organizations. The company also provides implementation and training, client services, and tax and regulatory services, integrating artificial intelligence (AI) into its workflows to support decision-making.

Paylocity Holding Corp. is headquartered in Schaumburg, Illinois, U.S. The company serves clients across the United States and maintains a largely remote workforce spread across the U.S. and other countries, in addition to its physical office locations.

In the past year, Paylocity has maintained a positive brand reputation, recognized for its innovative solutions and workplace culture. The company was acknowledged across five categories in G2's 2026 Best Software Awards and named a leader in 21 categories in the spring 2026 G2 Grid reports. Paylocity is also consistently recognized as one of the best places to work and is known for its unique culture. The company's commitment to product development and the acquisition of AI-powered recruiting firm Grayscale Labs in April 2026 has further bolstered its reputation.

Paylocity Holding Corp.'s ownership structure includes institutional, insider, and retail investors. Approximately 47.60% of the company's stock is owned by Institutional Investors, 20.13% by Insiders, and 32.27% by Public Companies and Individual Investors. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and T. Rowe Price Investment Management, Inc. Key individual owners include Steven I. Sarowitz, who owns the most shares, and Steven R. Beauchamp.