Paycom Software, Inc. $PAYC Shares Acquired by KBC Group NV

General News

Summary

KBC Group NV increased its stake in Paycom Software by 103.8% in Q4, buying 33,389 additional shares to hold 65,569 shares worth about $10.45 million (roughly 0.12% of the company). Multiple other institutional and hedge funds also adjusted positions, and institutional investors collectively own about 87.77% of Paycom. Analysts have lowered several price targets and the consensus rating sits at Hold with an average target near $170.71. Paycom recently beat quarterly EPS estimates, announced a quarterly dividend, and the stock has a 12-month range of $104.90 to $267.76.

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Human Capital Management Software Payroll Software HR Software

Linked Companies

Paycom
$1B+