Microsoft Corp MSFT:NASDAQ

Last Price$149.70NASDAQ Previous Close - Last Trade as of 4:00PM ET 3/27/20

Today's Change-6.41(4.11%)
Bid (Size)$150.50 (5)
Ask (Size)$151.81 (1)
Day Low / High$149.20 - 154.89
Volume25.0 K

Insider Sales at Paylocity Holdings (PCTY) are Significant and Extend the Selling Trend of Last Quarter

10:22PM ET 2/17/2020 MT Newswires
SEC filings today reported substantial insider sales of Paylocity Holdings shares as two insiders -- Steven I Sarowitz, 10% Owner and Director, and Mark S Kinsey, Officer -- disposed of 38,146 shares in the company having a market value of approximately $5,464,825. There have been 4 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 666,913 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 705,059 shares and have averaged 117,510 shares per transaction over this time period.

Today's Insider Activity

The number of insider buy/sell trades at Paylocity Holdings is higher than that of the 118 peer company average over the last 90-day period. The Software peer group saw 133 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares traded per transaction by Paylocity Holdings insiders is lower than its peers. Within the peer group there were 2,224,050 shares purchased and 23,390,297 shares sold with company insiders having sold 159,145 shares on average over this time period.

To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data obtained to create and write this story.