Recent Analysts’ Ratings Changes for Paylocity (PCTY)

Paylocity (NASDAQ: PCTY) recently received a number of ratings updates from brokerages and research firms:

• 8/6/2026 – Paylocity had its “buy” rating reaffirmed by Citigroup Inc..
• 8/5/2026 – Paylocity had its price target raised by TD Cowen from $137.00 to $168.00. They now have a “buy” rating on the stock.
• 8/5/2026 – Paylocity was given a new $201.00 price target by Robert W. Baird.
• 8/5/2026 – Paylocity had its price target raised by KeyCorp from $172.00 to $178.00. They now have an “overweight” rating on the stock.
• 8/5/2026 – Paylocity had its price target raised by Barclays PLC from $128.00 to $154.00. They now have an “equal weight” rating on the stock.
• 8/5/2026 – Paylocity had its “buy” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $165.00 price target on the stock.
• 8/5/2026 – Paylocity had its price target raised by Cantor Fitzgerald from $140.00 to $165.00. They now have an “overweight” rating on the stock.
• 8/5/2026 – Paylocity had its price target raised by BTIG Research from $150.00 to $180.00. They now have a “buy” rating on the stock.
• 8/5/2026 – Paylocity had its price target raised by BMO Capital Markets from $143.00 to $175.00. They now have an “outperform” rating on the stock.
• 7/27/2026 – Paylocity was downgraded by Zacks Research from “strong-buy” to “hold”.
• 7/22/2026 – Paylocity had its price target raised by UBS Group AG from $122.00 to $128.00. They now have a “neutral” rating on the stock.
• 7/21/2026 – Paylocity had its “sell (d+)” rating reaffirmed by Weiss Ratings.
• 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”.

Insider Activity at Paylocity

In related news, SVP Andrew Cappotelli sold 899 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $115.05, for a total transaction of $103,429.95. Following the transaction, the senior vice president directly owned 17,679 shares of the company’s stock, valued at approximately $2,033,968.95. The trade was a 4.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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.