PaycomPAYC
About: Founded in 1998, Paycom Software Inc is a human capital management software-as-a-service provider addressing customer requirements surrounding payroll, talent acquisition, talent management, HR management, as well as time and labor. The company primarily services midsize businesses within the United States, targeting businesses with 50-10,000 employees. The company primarily generates revenue through the sale of subscriptions providing access to its HCM platform. To a lesser extent, the company also generates revenue from implementation services provided to customers as well as interest income generated from customer funds. As of fiscal 2024, the company serviced slightly over 37,500 customers and stored data on over 7 million employees.
Employees: 7,306
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
33% more funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 8 (+2) [Q1 2025]
31% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 74
12% more repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 239
12% more capital invested
Capital invested by funds: $9.7B [Q4 2024] → $10.8B (+$1.15B) [Q1 2025]
4.73% more ownership
Funds ownership: 81.99% [Q4 2024] → 86.72% (+4.73%) [Q1 2025]
1% more funds holding
Funds holding: 694 [Q4 2024] → 704 (+10) [Q1 2025]
19% less call options, than puts
Call options by funds: $109M | Put options by funds: $134M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Keybanc Jason Celino | 16%upside $285 | Overweight Maintained | 12 May 2025 |
Barclays Raimo Lenschow | 2%downside $240 | Equal-Weight Maintained | 8 May 2025 |
Stifel Brad Reback | 12%downside $215 | Hold Maintained | 8 May 2025 |
Piper Sandler Arvind Ramnani | 0%upside $246 | Neutral Maintained | 8 May 2025 |
Financial journalist opinion
Based on 13 articles about PAYC published over the past 30 days









