Paylocity (PCTY) – Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Paylocity (NASDAQ: PCTY) in the last few weeks:

• 7/4/2026 – Paylocity was downgraded by Wall Street Zen from “buy” to “hold”.
• 6/29/2026 – Paylocity had its price target lowered by Truist Financial Corporation from $180.00 to $165.00. They now have a “buy” rating on the stock.
• 6/26/2026 – Paylocity had its price target lowered by TD Cowen from $155.00 to $137.00. They now have a “buy” rating on the stock.
• 6/20/2026 – Paylocity was upgraded by Wall Street Zen from “hold” to “buy”.
• 5/20/2026 – Paylocity was upgraded by Zacks Research from “hold” to “strong-buy”.
• 5/11/2026 – Paylocity had its price target raised by Citigroup Inc. from $133.00 to $136.00. They now have a “buy” rating on the stock.
• 5/11/2026 – Paylocity had its price target raised by Barclays PLC from $120.00 to $128.00. They now have an “equal weight” rating on the stock.
• 5/9/2026 – Paylocity was given a new $135.00 price target by Jefferies Financial Group Inc..

Insider Activity at Paylocity

In other news, SVP Andrew Cappotelli sold 899 shares of Paylocity stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $115.05, for a total transaction of $103,429.95. Following the transaction, the senior vice president owned 17,679 shares in the company, valued at approximately $2,033,968.95. The trade was a 4.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 19.40% of the company’s stock.

Paylocity (NASDAQ: PCTY) is a leading provider of cloud-based payroll and human capital management (HCM) software designed to streamline workforce administration for mid-sized organizations. The company’s integrated platform automates core functions such as payroll processing, benefits administration, time and labor tracking, and compliance management, enabling employers to manage employee data more efficiently and reduce administrative burdens.

In addition to payroll and HR capabilities, Paylocity offers talent management solutions including recruiting, onboarding, performance tracking, and learning management.