SEC EDGARAUG 201 min read$PCTY

Scutt Joshua sold $709K of PCTY

Scutt Joshua (SVP Chief Revenue Officer) sold 4,730 shares of Paylocity Holding Corp (PCTY) at an average of $149.82 ($147.60–$150.71, $0.71M total) across 4 trades on 2026-08-19 under a Rule 10b5-1 trading plan.

Original reporting

SEC EDGAR · Scutt Joshua

Published Aug 20, 2026, 8:07 PM UTC

Analysis

AlphAI AI DeskAI-generated

Added to AlphAI Aug 20, 2026, 8:10 PM UTC. Informational, not investment advice.

How this was made

AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.

About AlphAI AI Desk Scoring methodology Report an issue

AlphAI market briefInsider activity

Primary signal

$PCTY

Bearish

medium confidence

Mentioned

$PCTY

Relevance

4/10

AlphAI data visualization · based on SEC EDGAR

Decision brief

The 30-second read

$PCTYBearishLow

Why it matters

The disclosed sale is modest and unlikely to move the stock significantly.

Market read

Routine insider sale with limited trading relevance.

What to watch

Potential upcoming earnings or guidance that prompted the sale.

Relevance 4/10Novelty 4/10Timing: post-market 2026-08-20

Background

SEC Form 4 filing provides primary disclosure of insider transactions.

Company-level read

Ticker impact

AI estimates · verify against primary disclosures

$PCTYBearishMedium confidence

Context

Form 4 disclosed SVP CRO sold 4,730 shares (~$709K) of Paylocity, a new insider sale filing.

Expected impact

Potential short-term dip of 0.5‑1% on the day of filing.

Evidence & confidence

Sale size is modest and insider is not a top executive; market may view as routine.

Market effects

Sector

No significant sector impact; Paylocity operates in HR SaaS.

Regional

Limited to US equities market.

Global

Low global relevance.

Counterpoint

What could challenge this read

Insider sale could be a portfolio rebalancing, not a negative signal.

Key entities

Company
Paylocity Holding Corp
US-listed HR SaaS provider (ticker PCTY).
Individual
Scutt Joshua
SVP Chief Revenue Officer, insider seller.

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SEP 10

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Paylocity (PCTY) reported Q2 revenue of $444.7M, up 11% YoY, beating estimates by 3.1%. Paycom (PAYC) saw revenue of $531.2M, up 9.8%, outperforming by 3.5%. Asure Software (ASUR) grew 23.2% to $37.11M but missed billings estimates. Paychex (PAYX) reported $1.61B, up 12.5%, meeting expectations. Group revenues beat consensus by 1.7%, with shares up 10.4% on average post-earnings.

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SEP 8

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HR Software Stocks Q2 Results: Benchmarking Asure Software (NASDAQ:ASUR)

Paycom (NYSE:PAYC) reported Q2 revenue of $531.2M, up 9.8% YoY, beating estimates by 3.5%. Paychex (NASDAQ:PAYX) reported $1.61B in revenue, up 12.5% YoY, in line with expectations. Paylocity (NASDAQ:PCTY) reported $444.7M in revenue, up 11% YoY, beating estimates by 3.1%. All three stocks have risen since reporting results.

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SEP 1

$INTUHighAI 8/10

Q2 Earnings Highlights: BILL (NYSE:BILL) Vs The Rest Of The Finance and HR Software Stocks

Intuit (INTU) reported Q2 revenue of $4.35B, up 13.7% YoY, but guidance showed slowing growth. Workiva (WK) reported $255.3M in revenue, up 18.6% YoY, and beat EPS and income estimates. Paylocity (PCTY) reported $444.7M in revenue, up 11% YoY, and exceeded income and EBITDA guidance. WK and PCTY stocks rose 29.7% and 12.3% since reporting, respectively.

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AUG 20

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HR Software Stocks Q2 Recap: Benchmarking Paychex (NASDAQ:PAYX)

Paychex (PAYX) and peers reported Q2 earnings, with revenues beating estimates by 1.7% on average. PAYX reported $1.61B revenue, up 12.5% YoY, meeting expectations. Paycom (PAYC) outperformed with $531.2M revenue, up 9.8% YoY, and raised full-year guidance. Asure Software (ASUR) grew 23.2% but missed billings estimates. Paylocity (PCTY) reported $444.7M revenue, up 11% YoY, and beat adjusted operating income estimates.