PAYX Paychex Inc.

Paychex, Inc. engages in the provision of human capital management solutions for payroll, human resource, insurance, and retirement for small and medium sized businesses. Its solutions include payroll services, hiring services, business insurance, time and attendance, employee benefits, finance and payments, human resources services, and startup services. The company was founded by Blase Thomas Golisano in 1971 and is headquartered in Rochester, NY.

Company profile

Ticker

PAYX

Exchange

NASDAQ

Website

www.paychex.com

CEO

Martin Mucci

Incorporated

Delaware

Location

New York

Fiscal year end

May 31

Sector

Technology Services > Data Processing Services

Industry (SIC)

Services - Engineering, Accounting, Research, Management

Forrester Research • PRGX Global • PAE Incorporated - • Unex • Goxus ...

SEC CIK

0000723531

Corporate docs

Articles of Incorporation & Bylaws

IRS number

161124166

PAYX stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

9 Oct 20

3 Dec 20

31 May 21

News

Financial summary

Financial statements Chart PAYX financial data

Quarter (USD)	Aug 20	Feb 20	Nov 19	Aug 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	May 20	May 19	May 18	May 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Paychex earnings reports.

Recent insider trades

PAYX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	10b5-1	$Price	#Shares	$Value	#Remaining
25 Nov 20	B Thomas Golisano	Common Stock	Gift	Dispose G	No	91.97	696	64.01K	54,583
18 Nov 20	Bottini Mark Anthony	Common Stock	Sell	Dispose S	No	92.23	53,911	4.97M	84,722
18 Nov 20	Bottini Mark Anthony	Common Stock	Option exercise	Aquire M	No	38.48	53,911	2.07M	138,633
18 Nov 20	Bottini Mark Anthony	Stock Option Common Stock	Option exercise	Dispose M	No	38.48	53,911	2.07M	0
16 Nov 20	Flaschen David J S	Common Stock	Sell	Dispose S	No	92.41	12,156	1.12M	1,082
16 Nov 20	Flaschen David J S	Common Stock	Option exercise	Aquire M	No	38.89	12,156	472.75K	13,238
16 Nov 20	Flaschen David J S	Stock Option Common Stock	Option exercise	Dispose M	No	38.89	12,156	472.75K	0
12 Nov 20	Gibson John B	Common Stock	Sell	Dispose S	No	90.11	46,875	4.22M	45,165
12 Nov 20	Gibson John B	Common Stock	Option exercise	Aquire M	No	47.32	46,875	2.22M	92,040
12 Nov 20	Gibson John B	Common Stock	Sell	Dispose S	No	90.11	44,271	3.99M	45,165

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q3 2020

PAYX institutional ownership history Ownership history

70.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1073	1076	-0.3%
Opened positions	77	134	-42.5%
Closed positions	80	115	-30.4%
Increased positions	386	343	+12.5%
Reduced positions	407	445	-8.5%

13F shares	Current	Prev Q	Change
Total value	599.15B	592.55B	+1.1%
Total shares	252.3M	252.75M	-0.2%
Total puts	786.56K	1.73M	-54.6%
Total calls	1.76M	1.97M	-10.7%
Total put/call ratio	0.4	0.9	-49.2%

Largest owners	Shares	Value	Change
BLK Blackrock	32.58M	$2.6B	-5.8%
Vanguard	27.11M	$2.16B	-2.1%
Capital International Investors	14.98M	$1.2B	+57.2%
STT State Street	13.74M	$1.1B	-1.6%
BAC Bank Of America	9.94M	$792.67M	-2.7%
WFC Wells Fargo & Co.	9.72M	$774.97M	+10.1%
Geode Capital Management	6.33M	$504.17M	+1.5%
BK Bank Of New York Mellon	6.19M	$494.07M	-2.4%
NTRS Northern Trust	5.18M	$413.59M	-0.7%
Select Equity	4.73M	$377.01B	-8.0%

Largest transactions	Shares	Bought/sold	Change
Capital International Investors	14.98M	+5.45M	+57.2%
BLK Blackrock	32.58M	-2M	-5.8%
Nordea Investment Management Ab	1.96M	-1.94M	-49.7%
WFC Wells Fargo & Co.	9.72M	+894.8K	+10.1%
Millennium Management	7.65K	-692.19K	-98.9%
AMP Ameriprise Financial	1.63M	+578.29K	+54.9%
Schroder Investment Management	875.28K	-571.76K	-39.5%
Vanguard	27.11M	-567.65K	-2.1%
D. E. Shaw & Co.	549.47K	-499.24K	-47.6%
Renaissance Technologies	121.7K	-473.9K	-79.6%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Adam • Asure Software • Barrett Business Services • TriNet • Insperity • The Ultimate Software Group Inc • Resolve Staffing • Presidion • Ceridian • Paycom Software

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

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From filing 10-Q 2021 Q1