Paylocity Holding Corporation Common Stock (PCTY)
Paylocity Holding Corporation is a provider of cloud-based payroll and human capital management software solutions for businesses. Founded in 1997, the company offers a comprehensive platform that streamlines payroll processing, benefits administration, talent management, and workforce engagement, serving organizations of various sizes across multiple industries.
Company News
Paylocity has signed a five-year partnership with the New York Islanders, becoming their Official Human Capital Management Partner. The agreement includes providing HR and payroll solutions and supporting the team's Recycle the Game program to help youth hockey.
Paylocity, a cloud-based HR and payroll software provider, has signed an agreement to acquire Airbase, a spend management software solution. The acquisition is expected to expand Paylocity's offerings and provide companies with an integrated platform to manage all aspects of their operational spend.
Investors need to pay close attention to Paylocity Holding (PCTY) stock based on the movements in the options market lately.
The company, which makes payroll and human-resources software, came up short with its quarterly outlook and its view of next year's revenue potential.
