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Paylocity beat Q3 earnings estimates with $1.75 EPS and $408M revenue, up 12.5% YoY.
Paylocity Holding Corporation reported strong Q3 earnings on November 4, with $1.75 EPS and $408.17 million in revenue, up 12.5% year-over-year, beating estimates.
The company, which provides cloud-based HR and payroll software, has a market cap of $7.97 billion and a 12-month price target of $207.83, reflecting a "Moderate Buy" consensus.
Jump Financial LLC acquired 106,537 shares in Q2, investing about $19.3 million, while CFO Ryan Glenn sold 1,737 shares.
The stock traded around $146.52, below its moving averages, with institutional ownership at 94.76%.
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Paylocity superó las estimaciones de ganancias del tercer trimestre con $ 1.75 EPS y $ 408 millones en ingresos, un aumento del 12.5% interanual.