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Dynamic Technology Lab sold a significant portion of its Paycom Software shares, while other firms have bought into the company.
Dynamic Technology Lab Private Ltd. has reduced its stake in Paycom Software by 37.3%, selling 4,879 shares, while Hel Ved Capital Management Ltd and Pilgrim Partners Asia Pte Ltd have recently bought shares in the company.
Paycom Software, which offers cloud-based HR management solutions, reported an EPS of $2.02 for the latest quarter, exceeding analyst expectations.
The company has a market cap of $11.35 billion and is projected to post 7.15 EPS for the current fiscal year.
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Dynamic Technology Lab vendió una parte significativa de sus acciones de Paycom Software, mientras que otras empresas han comprado en la compañía.