Paychex Company Profile (NASDAQ:PAYX)

About Paychex (PAYX)

Paychex logoPaychex, Inc. is a provider of integrated human capital management (HCM) solutions for payroll, human resource (HR), retirement and insurance services for small- to medium-sized businesses in the United States. The Company also has operations in Germany. The Company offers services, including Payroll processing, Human Resource Services, and Accounting and Financial Services. As of May 31, 2016, the Company serviced approximately 605,000 payroll clients. It offers a portfolio of HCM services and products that allows its clients to meet their payroll and HR needs. Its payroll-related ancillary services and human resource service (HRS) offerings often leverage the information gathered in the base payroll processing service, allowing it to provide outsourcing services covering the HCM spectrum. The Company, through its HCM software-as-a-service platform, Paychex Flex, provides an integrated product suite that covers the employee life cycle from recruiting and hiring to retirement.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Staffing & Outsourcing Services
  • Sub-Industry: Data Processing & Outsourced Services
  • Exchange: NASDAQ
  • Symbol: PAYX
  • CUSIP: 70432610
Key Metrics:
  • Previous Close: $59.84
  • 50 Day Moving Average: $60.01
  • 200 Day Moving Average: $59.19
  • 52-Week Range: $51.06 - $63.03
  • Trailing P/E Ratio: 27.20
  • Foreward P/E Ratio: 25.04
  • P/E Growth: 3.12
  • Market Cap: $21.50B
  • Outstanding Shares: 359,248,000
  • Beta: 0.86
  • Net Margins: 25.40%
  • Return on Equity: 41.00%
  • Return on Assets: 12.26%
  • Current Ratio: 1.11%
  • Quick Ratio: 1.11%

Analyst Ratings

Consensus Ratings for Paychex (NASDAQ:PAYX) (?)
Ratings Breakdown: 4 Sell Ratings, 7 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.85)
Consensus Price Target: $59.17 (1.13% downside)

Analysts' Ratings History for Paychex (NASDAQ:PAYX)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/30/2017BMO Capital MarketsLower Price TargetMarket Perform$61.00 -> $60.00LowView Rating Details
3/21/2017Jefferies Group LLCReiterated RatingSell$50.00MediumView Rating Details
1/21/2017Royal Bank of CanadaSet Price TargetSell$55.00N/AView Rating Details
1/11/2017Sanford C. BernsteinUpgradeUnderperform -> Market Perform$52.00 -> $59.00N/AView Rating Details
12/23/2016ArgusReiterated RatingBuy$70.00N/AView Rating Details
12/23/2016Wells Fargo & CoReiterated RatingMarket Perform$57.00 -> $61.00N/AView Rating Details
12/23/2016Deutsche Bank AGReiterated RatingHold$56.00 -> $62.00N/AView Rating Details
12/22/2016Compass PointBoost Price TargetSell$45.00 -> $48.00N/AView Rating Details
12/20/2016Barclays PLCInitiated CoverageEqual Weight$63.00N/AView Rating Details
12/16/2016Goldman Sachs Group IncUpgradeNeutral -> Buy$68.00N/AView Rating Details
9/8/2016WedbushInitiated CoverageNeutral$65.00N/AView Rating Details
8/23/2016Morgan StanleyReiterated RatingUnderweight$49.00N/AView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingNeutralN/AView Rating Details
4/3/2016Oppenheimer Holdings Inc.Reiterated RatingBuyN/AView Rating Details
3/31/2016Bank of America CorpReiterated RatingSell$50.00N/AView Rating Details
3/31/2016Robert W. BairdReiterated RatingHoldN/AView Rating Details
3/31/2016Citigroup IncBoost Price TargetSell$48.00 -> $49.00N/AView Rating Details
8/14/2015JPMorgan Chase & Co.Reiterated RatingNeutral$48.00 -> $52.00N/AView Rating Details
(Data available from 4/28/2015 forward)


Earnings History for Paychex (NASDAQ:PAYX)
Earnings by Quarter for Paychex (NASDAQ:PAYX)
Earnings History by Quarter for Paychex (NASDAQ:PAYX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/29/2017Q3 2017$0.54$0.55$799.08 million$795.80 millionViewN/AView Earnings Details
12/21/2016Q217$0.55$0.56$778.99 million$771.40 millionViewN/AView Earnings Details
9/28/2016Q117$0.57$0.60$782.80 million$785.50 millionViewN/AView Earnings Details
6/30/2016Q416$0.49$0.49$750.51 million$753.90 millionViewListenView Earnings Details
3/30/2016Q316$0.50$0.50$751.14 million$752.60 millionViewListenView Earnings Details
12/22/2015Q216$0.51$0.52$724.08 million$722.40 millionViewListenView Earnings Details
9/30/2015Q116$0.51$0.52$723.00 millionViewN/AView Earnings Details
7/1/2015Q415$0.44$0.44$657.47 million$692.20 millionViewN/AView Earnings Details
3/25/2015Q315$0.46$0.46$701.16 million$693.60 millionViewN/AView Earnings Details
12/19/2014Q215$0.46$0.47$674.46 million$676.30 millionViewN/AView Earnings Details
9/24/2014Q115$0.46$0.47$659.39 million$666.80 millionViewListenView Earnings Details
7/1/2014Q414$0.40$0.40$617.35 million$639.00 millionViewListenView Earnings Details
3/26/2014Q314$0.42$0.44$628.85 million$636.00 millionViewListenView Earnings Details
12/19/2013Q2$0.42$0.43$598.89 million$610.50 millionViewListenView Earnings Details
10/1/2013Q114$0.43$0.44$605.56 million$597.90 millionViewListenView Earnings Details
6/26/2013Q4 2013$0.38$0.38$585.96 million$575.30 millionViewListenView Earnings Details
3/27/2013Q3 2013$0.39$0.40$592.62 million$593.30 millionViewListenView Earnings Details
12/19/2012Q2 2013$0.34$0.41$557.66 million$559.40 millionViewListenView Earnings Details
9/24/2012Q113$0.41$0.42$584.05 million$578.20 millionViewN/AView Earnings Details
6/27/2012$0.34$0.34ViewN/AView Earnings Details
3/28/2012$0.37$0.37ViewN/AView Earnings Details
12/20/2011$0.38$0.39ViewN/AView Earnings Details
9/27/2011$0.38$0.41ViewN/AView Earnings Details
6/22/2011$0.33$0.33ViewN/AView Earnings Details
3/23/2011$0.35$0.36ViewN/AView Earnings Details
12/20/2010$0.35$0.37$510.65 million$512.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Paychex (NASDAQ:PAYX)
2017 EPS Consensus Estimate: $2.20
2018 EPS Consensus Estimate: $2.39
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.56$0.57$0.56
Q2 20174$0.54$0.56$0.55
Q3 20174$0.53$0.60$0.55
Q4 20175$0.52$0.59$0.54
Q1 20183$0.62$0.63$0.62
Q2 20183$0.59$0.60$0.60
Q3 20183$0.58$0.60$0.59
Q4 20183$0.57$0.58$0.57
Q1 20191$0.68$0.68$0.68
Q2 20192$0.64$0.65$0.65
Q3 20191$0.65$0.65$0.65
(Data provided by Zacks Investment Research)


Current Dividend Information for Paychex (NASDAQ:PAYX)
Most Recent Dividend:2/15/2017
Annual Dividend:$1.84
Dividend Yield:3.07%
Dividend Growth:36.00% (3 Year Average)
Payout Ratio:85.58% (Trailing 12 Months of Earnings)
82.51% (Based on This Year's Estimates)
76.99% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Paychex (NASDAQ:PAYX)

Dividend History by Quarter for Paychex (NASDAQ:PAYX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Paychex (NASDAQ:PAYX)
Insider Ownership Percentage: 11.60%
Institutional Ownership Percentage: 69.28%
Insider Trades by Quarter for Paychex (NASDAQ:PAYX)
Institutional Ownership by Quarter for Paychex (NASDAQ:PAYX)
Insider Trades by Quarter for Paychex (NASDAQ:PAYX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/20/2017Joseph M VelliDirectorSell9,000$58.29$524,610.00View SEC Filing  
1/25/2017Jennifer R VosslerVPSell5,876$62.01$364,370.76View SEC Filing  
1/25/2017Joseph DoodyDirectorSell10,850$61.48$667,058.00View SEC Filing  
1/17/2017David J S FlaschenDirectorSell10,250$61.05$625,762.50View SEC Filing  
1/17/2017Michael E GiojaInsiderSell24,726$60.72$1,501,362.72View SEC Filing  
1/10/2017Pamela A JosephDirectorSell18,500$61.20$1,132,200.00View SEC Filing  
7/29/2016John B GibsonVPSell11,450$59.00$675,550.00View SEC Filing  
7/22/2016Joseph DoodyDirectorSell44,441$60.51$2,689,124.91View SEC Filing  
7/21/2016Michael E GiojaInsiderSell6,190$60.23$372,823.70View SEC Filing  
7/14/2016Jennifer R VosslerVPSell12,000$61.05$732,600.00View SEC Filing  
7/8/2016Efrain RiveraCFOSell7,235$61.33$443,722.55View SEC Filing  
7/8/2016Joseph M TucciDirectorSell3,641$61.00$222,101.00View SEC Filing  
7/8/2016Mark Anthony BottiniVPSell6,112$61.33$374,848.96View SEC Filing  
7/8/2016Martin MucciCEOSell42,397$61.33$2,600,208.01View SEC Filing  
7/8/2016Stephanie L. SchaefferInsiderSell3,438$61.33$210,852.54View SEC Filing  
7/7/2016Martin MucciCEOSell65,965$60.63$3,999,457.95View SEC Filing  
6/30/2016Laurie L ZauchaVPSell26,605$58.06$1,544,686.30View SEC Filing  
6/20/2016Laurie L ZauchaVPSell13,500$55.50$749,250.00View SEC Filing  
6/16/2016Laurie L ZauchaVPSell10,000$54.51$545,100.00View SEC Filing  
5/12/2016Pamela A JosephDirectorSell6,000$52.49$314,940.00View SEC Filing  
4/27/2016Grant M InmanDirectorSell4,197$52.85$221,811.45View SEC Filing  
4/5/2016Michael E GiojaVPSell19,450$53.52$1,040,964.00View SEC Filing  
4/1/2016David J S FlaschenDirectorSell6,000$53.57$321,420.00View SEC Filing  
11/19/2015Laurie L. ZauchaVPSell11,780$54.00$636,120.00View SEC Filing  
10/28/2015Martin MucciCEOSell30,000$52.00$1,560,000.00View SEC Filing  
10/27/2015Stephanie L. SchaefferinsiderSell31,375$52.01$1,631,813.75View SEC Filing  
10/26/2015Laurie L. ZauchaVPSell3,000$52.00$156,000.00View SEC Filing  
10/22/2015Laurie L. ZauchaVPSell3,093$51.00$157,743.00View SEC Filing  
10/21/2015Stephanie L. SchaefferinsiderSell12,000$50.72$608,640.00View SEC Filing  
10/16/2015Martin MucciCEOSell84,591$49.91$4,221,936.81View SEC Filing  
10/8/2015Laurie L. ZauchaVPSell3,858$50.00$192,900.00View SEC Filing  
7/11/2015Efrain RiveraCFOSell7,641$47.78$365,086.98View SEC Filing  
7/11/2015Mark Anthony BottiniVPSell8,128$47.78$388,355.84View SEC Filing  
7/11/2015Martin MucciCEOSell42,740$47.78$2,042,117.20View SEC Filing  
7/11/2015Stephanie L SchaefferInsiderSell3,300$47.78$157,674.00View SEC Filing  
7/9/2015Martin MucciCEOSell3,107$47.43$147,365.01View SEC Filing  
7/6/2015Joseph M TucciDirectorSell7,029$48.00$337,392.00View SEC Filing  
5/15/2015Grant M InmanDirectorSell6,753$49.92$337,109.76View SEC Filing  
4/20/2015Michael E GiojaVPSell19,483$49.03$955,251.49View SEC Filing  
3/16/2015Laurie L ZauchaVPSell9,279$51.00$473,229.00View SEC Filing  
2/20/2015Laurie L ZauchaVPSell9,000$49.50$445,500.00View SEC Filing  
2/5/2015Mark Anthony BottiniVPSell75,000$47.25$3,543,750.00View SEC Filing  
12/23/2014Martin MucciCEOSell70,000$47.43$3,320,100.00View SEC Filing  
11/10/2014Jennifer R VosslerVPSell5,000$47.48$237,400.00View SEC Filing  
11/3/2014Laurie L ZauchaVPSell11,574$47.02$544,209.48View SEC Filing  
11/3/2014Stephanie L SchaefferInsiderSell9,000$47.02$423,180.00View SEC Filing  
10/27/2014Martin MucciCEOSell50,000$45.67$2,283,500.00View SEC Filing  
9/26/2014David J S FlaschenDirectorSell10,000$43.80$438,000.00View SEC Filing  
8/6/2014Jennifer R VosslerVPSell5,000$40.40$202,000.00View SEC Filing  
7/11/2014Martin MucciCEOSell3,835$41.92$160,763.20View SEC Filing  
7/10/2014Efrain RiveraCFOSell570$41.92$23,894.40View SEC Filing  
7/10/2014Martin MucciCEOSell6,809$41.81$284,684.29View SEC Filing  
7/10/2014Michael E GiojaVPSell2,307$41.78$96,386.46View SEC Filing  
7/10/2014Stephanie L SchaefferInsiderSell1,470$41.74$61,357.80View SEC Filing  
7/9/2014Jennifer R VosslerVPSell418$41.70$17,430.60View SEC Filing  
7/9/2014Martin MucciCEOSell3,302$41.70$137,693.40View SEC Filing  
7/9/2014Stephanie L SchaefferInsiderSell1,184$41.70$49,372.80View SEC Filing  
7/6/2014Martin MucciCEOSell26,309$41.55$1,093,138.95View SEC Filing  
7/6/2014Michael E GiojaVPSell4,422$41.55$183,734.10View SEC Filing  
7/6/2014Stephanie L SchaefferInsiderSell2,190$41.55$90,994.50View SEC Filing  
5/9/2014Grant InmanDirectorSell7,800$40.94$319,332.00View SEC Filing  
5/2/2014Jennifer VosslerVPSell1,122$41.40$46,450.80View SEC Filing  
4/4/2014Martin MucciCEOSell30,000$42.55$1,276,500.00View SEC Filing  
4/2/2014David FlaschenDirectorSell10,000$42.50$425,000.00View SEC Filing  
4/2/2014Michael GiojaVPSell24,329$42.37$1,030,819.73View SEC Filing  
1/27/2014Michael GiojaVPSell9,800$42.19$413,462.00View SEC Filing  
10/21/2013Kevin N HillVPSell25,317$42.20$1,068,377.40View SEC Filing  
10/12/2013Martin MucciCEOSell1,475$40.74$60,091.50View SEC Filing  
8/13/2013Martin MucciCEOSell50,000$40.23$2,011,500.00View SEC Filing  
7/11/2013Martin MucciCEOSell30,123$38.82$1,169,374.86View SEC Filing  
7/11/2013Michael E GiojaVPSell3,922$38.89$152,526.58View SEC Filing  
7/7/2013Martin MucciCEOSell3,055$37.61$114,898.55View SEC Filing  
12/28/2012Michael E GiojaVPSell26,375$31.09$819,998.75View SEC Filing  
10/8/2012Phillip HorsleyDirectorSell22,084$33.25$734,293.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Paychex (NASDAQ:PAYX)
Latest Headlines for Paychex (NASDAQ:PAYX)
DateHeadline logoThe SurePayroll Small Business Scorecard®: If I Knew Then What I Know Now - Insight from Small Business Owners - April 27 at 7:36 PM logoPaychex (PAYX) Receives Media Impact Score of 0.62 - April 26 at 9:43 AM logoFFJ Portfolio Update: YTD Changes And Forthcoming Changes - April 24 at 2:17 PM logoSomewhat Favorable Media Coverage Likely to Affect Paychex (PAYX) Share Price - April 23 at 7:21 PM logoPaychex Reaches Analyst Target Price - April 21 at 6:57 PM logoInsider Selling: Paychex, Inc. (PAYX) Director Sells 9,000 Shares of Stock - April 21 at 3:35 PM logoETFs with exposure to Paychex, Inc. : April 20, 2017 - April 20 at 7:13 PM logoPaychex, Inc. (PAYX) Receives Consensus Recommendation of "Hold" from Analysts - April 18 at 1:45 PM logoPaychex (PAYX) Receiving Somewhat Favorable Media Coverage, AlphaOne Reports - April 18 at 12:57 AM logoZacks: Analysts Expect Paychex, Inc. (PAYX) to Announce $0.53 Earnings Per Share - April 17 at 10:18 AM logoIs Paychex (PAYX) a Stock That Investors Should Hold on to? - Yahoo Finance - April 14 at 5:38 AM logoPost Earnings Coverage as Paychex’s Revenue Increased 6%; Earnings Jumped 12% - April 11 at 10:36 AM logoIrrational Mr. Market Creating Opportunity In Paychex - April 7 at 11:49 AM logoETFs with exposure to Paychex, Inc. : April 5, 2017 - April 7 at 11:49 AM logoPaychex, Inc. (PAYX) to Post Q1 2018 Earnings of $0.63 Per Share, William Blair Forecasts - April 6 at 5:15 PM logoQ2 2018 EPS Estimates for Paychex, Inc. Cut by Analyst (PAYX) - April 5 at 3:48 PM logoBMO Capital Markets Trims Paychex, Inc. (PAYX) Target Price to $60.00 - April 5 at 2:01 PM logoPAYCHEX INC Files SEC form 10-Q, Quarterly Report - March 31 at 7:13 PM logoEquities Analysts Offer Predictions for Paychex, Inc.'s Q4 2017 Earnings (PAYX) - March 31 at 1:05 PM logoFY2017 Earnings Estimate for Paychex, Inc. Issued By Northcoast Research (PAYX) - March 31 at 12:47 PM logoPaychex, Inc. (PAYX) Given "Market Perform" Rating at BMO Capital Markets - March 30 at 9:31 PM logoPaychex, Inc. Expected to Earn FY2017 Earnings of $2.24 Per Share (PAYX) - March 30 at 10:59 AM logoPaychex, Inc. (PAYX) to Post FY2017 Earnings of $2.25 Per Share, Wedbush Forecasts - March 30 at 10:56 AM logoPaychex, Inc. (PAYX) to Post FY2017 Earnings of $2.24 Per Share, Oppenheimer Holdings Forecasts - March 30 at 10:56 AM logoEdited Transcript of PAYX earnings conference call or presentation 29-Mar-17 1:30pm GMT - March 30 at 12:52 AM logoPAYX Makes Notable Cross Below Critical Moving Average - March 29 at 7:51 PM logoSKX, PLAY and PAYX stock were all taken out behind the woodshed on Wednesday - March 29 at 7:51 PM logoPaychex (PAYX) Q3 Earnings Beat Estimates, Revenues Miss - March 29 at 7:51 PM logoPAYCHEX INC Files SEC form 8-K, Change in Directors or Principal Officers - March 29 at 7:51 PM logoPaychex, Inc. (PAYX) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS - March 29 at 2:06 PM logoPaychex Inc. Reports 10% Increase In Q3 Earnings - March 29 at 9:11 AM logoMarket Recon: How to Play Brexit Divorce Proceedings - March 29 at 9:11 AM logoQ3 2017 Paychex Inc Earnings Release - Before Market Open - March 29 at 9:11 AM logoPaychex, Inc. breached its 50 day moving average in a Bearish Manner : PAYX-US : March 29, 2017 - March 29 at 9:11 AM logoPaychex, Inc. Reports Third Quarter Results - March 29 at 9:11 AM logo8:33 am Paychex beats by $0.01, reports revs in-line; reaffirms FY17 guidance - March 29 at 9:11 AM logoPaychex, Inc. (PAYX) Set to Announce Earnings on Wednesday - March 28 at 7:44 AM logoPaychex (PAYX) Shares Cross 3% Yield Mark - Nasdaq - March 27 at 6:36 PM logoPaychex (PAYX) Set to Report Q3 Earnings: What to Expect? - March 27 at 9:50 AM logoPaychex's (PAYX) Sell Rating Reiterated at Jefferies Group LLC - March 27 at 7:40 AM logoJefferies Group LLC Reiterates Sell Rating for Paychex, Inc. (PAYX) - March 25 at 7:37 PM logoQ1 Earnings Season Preview - March 24 at 6:59 PM logoWhy health care's failure clears the way for Trump's agen... - March 24 at 6:59 PM logoCramer's game plan: Why the health care failure clears the way for Trump's agenda - March 24 at 6:59 PM logoPaychex, Inc. (PAYX) Given Consensus Recommendation of "Hold" by Brokerages - March 24 at 1:55 PM logoSurePayroll Wins Silver Stevie® Award For Contact Center Of The Year In 11th Annual Stevie Awards For Sales & Customer Service - March 22 at 7:08 PM logoTechnical Reports on Staffing and Outsourcing Equities -- Paychex, Robert Half, ManpowerGroup, and Korn/Ferry - March 21 at 11:08 AM logoPaychex Provides 401(k) Plan Sponsors Greater Choice and Flexibility with New Fiduciary Investment Solutions - March 20 at 5:13 PM logoForbes: Eight of the world’s billionaires call Tampa Bay home - March 20 at 5:13 PM logoPaychex, Inc. Schedules Third Quarter Fiscal 2017 Earnings Release Conference Call for March 29, 2017 - March 15 at 7:19 PM


Frequently Asked Questions for Paychex (NASDAQ:PAYX)

What is Paychex's stock symbol?

Paychex trades on the NASDAQ under the ticker symbol "PAYX."

How often does Paychex pay dividends? What is the dividend yield for Paychex?

Paychex declared a quarterly dividend on Friday, January 13th. Investors of record on Wednesday, February 1st will be given a dividend of $0.46 per share on Wednesday, February 15th. This represents a $1.84 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date is Monday, January 30th.

How were Paychex's earnings last quarter?

Paychex, Inc. (NASDAQ:PAYX) posted its quarterly earnings data on Wednesday, March, 29th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.01. The company earned $795.80 million during the quarter, compared to analyst estimates of $799.08 million. Paychex had a net margin of 25.40% and a return on equity of 41.00%. The business's quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.50 earnings per share.

When will Paychex make its next earnings announcement?

Paychex is scheduled to release their next quarterly earnings announcement on Wednesday, June, 28th 2017.

Where is Paychex's stock going? Where will Paychex's stock price be in 2017?

13 analysts have issued 12-month price objectives for Paychex's shares. Their predictions range from $48.00 to $70.00. On average, they expect Paychex's share price to reach $59.17 in the next year.

Who owns Paychex stock?

Paychex's stock is owned by many different of institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.41%), Welch & Forbes LLC (0.20%), GW&K Investment Management LLC (0.17%), Marathon Asset Management LLP (0.17%), UMB Bank N A MO (0.11%) and Sabal Trust CO (0.11%). Company insiders that own Paychex stock include David J S Flaschen, Efrain Rivera, Grant M Inman, Jennifer R Vossler, John B Gibson, Joseph Doody, Joseph M Tucci, Joseph M Velli, Laurie L Zaucha, Mark Anthony Bottini, Martin Mucci, Michael E Gioja, Pamela A Joseph and Stephanie L Schaeffer.

Who sold Paychex stock? Who is selling Paychex stock?

Paychex's stock was sold by a variety of institutional investors in the last quarter, including Beacon Financial Group, Advisors Capital Management LLC, Bank of Montreal Can, Hartford Investment Management Co., State of Alaska Department of Revenue, Janney Capital Management LLC, Sabal Trust CO and Livforsakringsbolaget Skandia Omsesidigt. Company insiders that have sold Paychex stock in the last year include David J S Flaschen, Efrain Rivera, Jennifer R Vossler, John B Gibson, Joseph Doody, Joseph M Tucci, Joseph M Velli, Laurie L Zaucha, Mark Anthony Bottini, Martin Mucci, Michael E Gioja, Pamela A Joseph and Stephanie L Schaeffer.

Who bought Paychex stock? Who is buying Paychex stock?

Paychex's stock was bought by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Wealth Enhancement Advisory Services LLC, Marathon Asset Management LLP, Anderson Hoagland & Co., Russell Investments Group Ltd., Korea Investment CORP, GW&K Investment Management LLC and Nikko Asset Management Americas Inc..

How do I buy Paychex stock?

Shares of Paychex can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Paychex stock cost?

One share of Paychex stock can currently be purchased for approximately $59.85.

Paychex (PAYX) Chart for Friday, April, 28, 2017

This page was last updated on 4/28/2017 by Staff