Paycom jumps after Q1 results, 2026 outlook reiteration, and a sizable share repurchase

Paycom Software, Inc. (PAYC) is up 9.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to Paycom’s first-quarter earnings release and management commentary, which highlighted steady revenue growth, strong profitability, and an aggressive reduction in share count. Investors also may be reacting to the company’s 2026 outlook framework and the scale of capital returned via buybacks.

Details:

Paycom reported first-quarter revenue of $571.9 million, up 7.8% year over year.

First-quarter GAAP net income was $155.7 million ($3.04 per diluted share), and non-GAAP net income was $161.3 million ($3.15 per diluted share).

For full-year 2026, Paycom guided total revenue to $2.175 billion–$2.195 billion and adjusted EBITDA to $950 million–$970 million.

During the quarter, Paycom repurchased 8,375,443 shares for $1.060 billion and paid $17.7 million in cash dividends.

Sources:

Paycom Investor Relations, SEC, The Motley Fool

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$PAYC Insider Trading Activity

$PAYC insiders have traded $PAYC stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.

Here’s a breakdown of recent trading of $PAYC stock by insiders over the last 6 months:

RANDALL PECK (Chief Operating Officer) has made 0 purchases and 3 sales selling 2,192 shares for an estimated $363,540.
ROBERT D. FOSTER (Chief Financial Officer) sold 1,300 shares for an estimated $211,458

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

$PAYC Hedge Fund Activity

We have seen 316 institutional investors add shares of $PAYC stock to their portfolio, and 447 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

HARRIS ASSOCIATES L P added 1,305,225 shares (+68.5%) to their portfolio in Q4 2025, for an estimated $208,000,656
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 869,864 shares (-76.1%) from their portfolio in Q4 2025, for an estimated $138,621,527
POLEN CAPITAL MANAGEMENT LLC removed 801,395 shares (-30.4%) from their portfolio in Q4 2025, for an estimated $127,710,307
FMR LLC removed 730,653 shares (-30.5%) from their portfolio in Q4 2025, for an estimated $116,436,862
REINHART PARTNERS, LLC. added 417,392 shares (+69.8%) to their portfolio in Q1 2026, for an estimated $50,729,823
CONTOUR ASSET MANAGEMENT LLC added 378,595 shares (+inf%) to their portfolio in Q4 2025, for an estimated $60,332,899
SYLEBRA CAPITAL LLC removed 375,541 shares (-27.8%) from their portfolio in Q4 2025, for an estimated $59,846,213

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$PAYC Government Contracts

We have seen $27,002 of award payments to $PAYC over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

PAYROLL PROCESSING SERVICES FOR THE UNITED STATES AGENCY FOR GLOBAL MEDIA: $27,002

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$PAYC Congressional Stock Trading

Members of Congress have traded $PAYC stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $PAYC stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 03/13.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API.

$PAYC Analyst Ratings

Wall Street analysts have issued reports on $PAYC in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

TD Cowen issued a "Buy" rating on 05/07/2026
BTIG issued a "Buy" rating on 02/12/2026

To track analyst ratings and price targets for $PAYC, check out Quiver Quantitative's $PAYC forecast page.

$PAYC Price Targets

Multiple analysts have issued price targets for $PAYC recently. We have seen 11 analysts offer price targets for $PAYC in the last 6 months, with a median target of $148.0.

Here are some recent targets:

Allan Verkhovski from BTIG set a target price of $160.0 on 05/07/2026
Raimo Lenschow from Barclays set a target price of $148.0 on 05/07/2026
Jared Levine from TD Cowen set a target price of $154.0 on 05/07/2026
Siti Panigrahi from Mizuho set a target price of $130.0 on 05/07/2026
Kevin Mcveigh from UBS set a target price of $183.0 on 04/21/2026
Matthew Vanvliet from Cantor Fitzgerald set a target price of $135.0 on 03/06/2026
Steven Enders from Citigroup set a target price of $128.0 on 02/13/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.