Joseph Tucci Acquires Over 10,000 Shares of Paychex

Joseph Tucci, a notable figure, recently acquired 10,220 shares of Paychex, Inc. (NasdaqGS: PAYX) on June 26, 2026. The shares were purchased at an average price of $60.59 each, amounting to a total transaction value of $619,229.80. This move was not part of a planned purchase under Rule 10b5-1.

Other Institutional Activity in Paychex, Inc.

Several institutional investors have also been active in Paychex, Inc. Capital International Investors reduced its holdings by 316,488 shares, leaving it with 29,948,686 shares valued at about $2.76 billion, a 1% decrease. BlackRock, Inc. added 536,054 shares, bringing its total to 28,414,452 shares worth approximately $2.62 billion, a 1.9% increase. Vanguard Capital Management LLC opened a new position with 20,965,270 shares valued at around $1.93 billion. Similarly, Vanguard Portfolio Management LLC initiated a stake with 15,249,560 shares valued at $1.40 billion. State Street Corp added 61,235 shares, holding 14,049,628 shares valued at $1.29 billion, a slight 0.4% increase.

Paychex, Inc. Stock Down 22.8%

Shares of Paychex, Inc. traded near $99.81 on Wednesday. The company, with a market capitalization of $35.5 billion, has a P/E ratio of 20.4 and a forward P/E of 15.6. The stock's 52-week range spans from $85.45 to $148.76. Paychex has a 50-day moving average of $95.42 and a 200-day moving average of $105.77. The company maintains a current ratio of 1.15 and a quick ratio of 0.30, with a debt-to-equity ratio of 123.38.

Recent Earnings

Paychex reported revenue of $3.97 billion, reflecting a growth rate of 12.5%. The company's net margin stands at 26.6%, with an EPS of $4.89. Investors anticipate the next earnings release on September 29, 2026.

Dividend

Paychex offers a dividend rate of $4.76 per share, yielding 4.77%. The dividend payout ratio is 90.6%.

Insider Buying and Selling at Paychex, Inc.

On June 26, 2026, Joseph Tucci executed multiple transactions involving Paychex shares. He bought 10,220 shares at an average price of $60.59. Additionally, he sold 6,313 shares at $98.10, and 3,907 shares at $98.25. Earlier in the month, on June 1, Thomas Golisano sold 1,032 shares at $96.98. Elizabeth Roaldsen, a Senior Vice President, sold 459 shares at $90.00 on May 13.

Analysts Set New Price Targets

On June 30, 2026, Morgan Stanley maintained a 'hold' rating with a price target of $109. UBS, on June 25, maintained a 'hold' with a $98 target, while JP Morgan stuck with a 'sell' rating and a $105 target. On June 15, Citigroup upgraded Paychex to 'buy', setting a target of $140. The consensus recommendation is 'hold', with an average target price of $105.93 from 14 analysts.

About Paychex, Inc.

Paychex, Inc., headquartered in Rochester, New York, provides human capital management solutions for small to medium-sized businesses. Its services include payroll processing, employee benefits, HR, and insurance services. The company, led by CEO John B. Gibson Jr., operates in the United States, Europe, and India, and was founded in 1971.

Bottom Line

Joseph Tucci's recent purchase of Paychex shares highlights ongoing insider interest in the company. Investors and analysts continue to monitor Paychex, a key player in the human capital management sector. As always, remember that 13F filings and insider transactions are backward-looking and may not reflect the most current investment positions.