Paycor HCM, Inc. (NASDAQ:PYCR – Get Free Report) Director Jeremy Rishel sold 3,723 shares of the company’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $14.02, for a total transaction of $52,196.46. Following the completion of the transaction, the director now owns 21,218 shares in the company, valued at approximately $297,476.36. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Paycor HCM Stock Up 2.6 %
Shares of PYCR stock opened at $14.15 on Friday. Paycor HCM, Inc. has a fifty-two week low of $10.92 and a fifty-two week high of $25.34. The firm’s 50 day moving average price is $13.81 and its two-hundred day moving average price is $14.04. The stock has a market cap of $2.52 billion, a price-to-earnings ratio of -34.51, a price-to-earnings-growth ratio of 4.05 and a beta of 0.44.
Paycor HCM (NASDAQ:PYCR – Get Free Report) last posted its earnings results on Wednesday, August 14th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.02. Paycor HCM had a negative net margin of 9.00% and a positive return on equity of 2.98%. The business had revenue of $164.80 million for the quarter, compared to analyst estimates of $161.14 million. During the same quarter in the previous year, the business posted ($0.01) EPS. The business’s quarterly revenue was up 17.7% on a year-over-year basis. On average, equities analysts forecast that Paycor HCM, Inc. will post 0.25 EPS for the current fiscal year.
Analyst Ratings Changes
Get Our Latest Stock Analysis on Paycor HCM
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of PYCR. Vanguard Group Inc. grew its stake in shares of Paycor HCM by 11.5% in the first quarter. Vanguard Group Inc. now owns 6,884,980 shares of the company’s stock valued at $133,844,000 after buying an additional 710,370 shares in the last quarter. Bank of New York Mellon Corp grew its position in Paycor HCM by 149.2% in the second quarter. Bank of New York Mellon Corp now owns 607,996 shares of the company’s stock valued at $7,722,000 after acquiring an additional 364,025 shares in the last quarter. Marshall Wace LLP grew its position in Paycor HCM by 1,234.9% in the second quarter. Marshall Wace LLP now owns 370,985 shares of the company’s stock valued at $4,712,000 after acquiring an additional 343,194 shares in the last quarter. Cubist Systematic Strategies LLC raised its stake in shares of Paycor HCM by 207.5% during the second quarter. Cubist Systematic Strategies LLC now owns 465,097 shares of the company’s stock valued at $5,907,000 after purchasing an additional 313,851 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of Paycor HCM by 9.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,429,701 shares of the company’s stock worth $47,233,000 after purchasing an additional 213,313 shares in the last quarter. Institutional investors and hedge funds own 36.76% of the company’s stock.
About Paycor HCM
Paycor HCM, Inc, together with its subsidiaries, provides software-as-a-service (SaaS) human capital management (HCM) solutions for small and medium-sized businesses (SMBs) primarily in the United States. It offers cloud-native platform to address the comprehensive people management needs of SMB leaders.
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