The insider selling is negligible in size and involves only directors, not executives. No actionable signal — monitor for larger C-suite transactions or material corporate events that could warrant a reassessment.
Price Chart
Executive Summary
Two directors at Paylocity (PCTY) sold a combined $561K in shares over a 7-day window, representing only 0.007% of the company's $8.4B market cap. The dollar amounts are trivial and involve non-C-suite insiders, making this a routine portfolio adjustment with no material signal.
Key Financial Metrics
Key Facts
- Director Craig Conway sold 3,145 shares at $156.80 for $493K on 2026-08-27.
- Director and 10% owner Steven Sarowitz sold 441 shares at $155.00 for $68K on 2026-08-24.
- Total insider sales of $561K represent ~0.007% of PCTY's $8.4B market cap.
- No C-suite executives participated in the cluster; both sellers are directors.
Financial Impact
Total insider sales of $561K, immaterial relative to $8.4B market cap.
Risk Factors
- Insider selling could increase if broader market or company-specific headwinds emerge, but current activity is routine.
- No immediate risk from this cluster given the trivial dollar amounts.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PCTY-1788246196537 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | Insider Cluster | — | awaiting T+1 | — | — |
Oct 23, 2026 3d ago | Institutional Cluster | $177.19 $176.46 | ▼ −0.41% | ▼ −1.12% | $177.19 (+0.00%) |
Oct 22, 2026 4d ago | DEFA14A / DEF 14A | $177.67 $177.19 | ▼ −0.27% | ▲ +0.25% | $177.19 (−0.27%) |
Oct 22, 2026 5d ago | Insider Cluster | $177.19 $176.46 | ▲ +0.41% | ▲ +1.12% | $177.19 (−0.00%) |
Oct 21, 2026 5d ago | Insider Cluster | $177.67 $177.19 | ▲ +0.27% | ▼ −0.25% | $177.19 (+0.27%) |
Oct 19, 2026 8d ago | Insider Cluster | $170.06 $169.33 | ▲ +0.43% | ▲ +0.95% | $177.19 (−4.19%) |
Oct 16, 2026 10d ago | Insider Cluster | $166.17 $170.06 | ▲ +2.34% | ▲ +2.01% | $177.19 (+6.63%) |
Sep 10, 2026 6w ago | Press Release | $142.86 $141.66 | ▼ −0.84% | ▼ −1.69% | $177.19 (+24.03%) |
Sep 9, 2026 6w ago | Insider Cluster | $142.86 $141.66 | ▼ −0.84% | ▼ −1.69% | $177.19 (+24.03%) |
Sep 1, 2026 7w ago | Insider Cluster | $154.29 $154.29 | · 0.00% | ▼ −1.05% | $177.19 (+14.84%) |
US Market Status
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