Jonathan Corr Sells 1,508 Shares of Paycor HCM, Inc. (NASDAQ:PYCR) Stock

Paycor HCM, Inc. (NASDAQ:PYCR - Get Free Report) Director Jonathan Corr sold 1,508 shares of the company's stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $18.30, for a total value of $27,596.40. Following the completion of the transaction, the director now directly owns 18,480 shares in the company, valued at $338,184. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Jonathan Corr also recently made the following trade(s):

• On Tuesday, January 16th, Jonathan Corr sold 1,508 shares of Paycor HCM stock. The shares were sold at an average price of $19.66, for a total value of $29,647.28.

Paycor HCM Trading Down 0.6 %

Shares of Paycor HCM stock traded down $0.10 during trading on Friday, reaching $18.07. The stock had a trading volume of 593,106 shares, compared to its average volume of 712,409. The company has a market capitalization of $3.22 billion, a price-to-earnings ratio of -37.65, a P/E/G ratio of 6.02 and a beta of 0.50. The stock has a fifty day moving average price of $19.86 and a two-hundred day moving average price of $20.86. Paycor HCM, Inc. has a 52 week low of $17.13 and a 52 week high of $27.50.

Paycor HCM (NASDAQ:PYCR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). Paycor HCM had a negative net margin of 13.82% and a positive return on equity of 1.28%. The company had revenue of $159.54 million for the quarter, compared to analyst estimates of $155.49 million. On average, equities analysts forecast that Paycor HCM, Inc. will post 0.15 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Deutsche Bank AG bought a new stake in Paycor HCM in the first quarter valued at approximately $36,000. Advisors Asset Management Inc. increased its stake in Paycor HCM by 109.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,808 shares of the company's stock worth $41,000 after acquiring an additional 945 shares during the period. State of Wyoming boosted its holdings in shares of Paycor HCM by 67.3% in the 2nd quarter. State of Wyoming now owns 2,046 shares of the company's stock valued at $48,000 after purchasing an additional 823 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of Paycor HCM by 210.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,083 shares of the company's stock valued at $49,000 after purchasing an additional 1,412 shares in the last quarter. Finally, MetLife Investment Management LLC boosted its holdings in shares of Paycor HCM by 70.7% in the 2nd quarter. MetLife Investment Management LLC now owns 2,147 shares of the company's stock valued at $51,000 after purchasing an additional 889 shares in the last quarter. 36.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on PYCR. Jefferies Financial Group reissued a "hold" rating and set a $22.00 price objective (down previously from $27.00) on shares of Paycor HCM in a report on Friday, January 5th. BTIG Research started coverage on Paycor HCM in a research report on Tuesday, February 6th. They issued a "buy" rating and a $26.00 price objective for the company. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $42.00 price objective on shares of Paycor HCM in a research report on Monday, March 18th. Eight investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $27.35.

About Paycor HCM

Paycor HCM, Inc, together with its subsidiaries, provides software-as-a-service (SaaS) human capital management (HCM) solutions for small and medium-sized businesses (SMBs) primarily in the United States. It offers cloud-native platform to address the comprehensive people management needs of SMB leaders.