Bortay Wu, GSI Technology, Inc. (GSIT)’s insider Sold 14,590 Shares; Paylocity Holding (PCTY) Sentiment Is 1.68

Paylocity Holding Corporation (NASDAQ:PCTY) Logo

Sentiment for Paylocity Holding Corp (PCTY)

Paylocity Holding Corp (PCTY) investors sentiment decreased to 1.68 in 2017 Q4. It’s down -0.08, from 1.76 in 2017Q3. The ratio fall, as 84 institutional investors increased or started new stock positions, while 50 cut down and sold their holdings in Paylocity Holding Corp. The institutional investors in our database reported: 27.31 million shares, up from 26.93 million shares in 2017Q3. Also, the number of institutional investors holding Paylocity Holding Corp in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 12 Reduced: 38 Increased: 57 New Position: 27.

More important recent Paylocity Holding Corporation (NASDAQ:PCTY) news were published by: Globenewswire.com which released: “Paylocity Announces Third Quarter Fiscal Year 2018 Financial Results” on May 03, 2018, also Globenewswire.com published article titled: “Paylocity to Attend Upcoming Investor Conferences”, Globenewswire.com published: “Paylocity Announces Conference Call to Review Q3 2018 Financial Results” on April 16, 2018. More interesting news about Paylocity Holding Corporation (NASDAQ:PCTY) was released by: Nasdaq.com and their article: “Paylocity Selects eGain® AIâ„¢ to Help Guide Customer Service Experience” with publication date: April 11, 2018.

The stock increased 6.60% or $3.59 during the last trading session, reaching $57.99. About 688,731 shares traded or 141.52% up from the average. Paylocity Holding Corporation (PCTY) has risen 39.76% since May 5, 2017 and is uptrending. It has outperformed by 28.21% the S&P500.

Paylocity Holding Corporation provides cloud payroll and human capital management software solutions for medium-sized organizations in the United States. The company has market cap of $3.05 billion. It offers Paylocity Web Pay for enterprise-grade payroll processing and administration; Paylocity Web HR for employee record management and HR compliance and reporting; Talent Management for employee performance appraisal process and performance review; Paylocity Web Time, a time and attendance solution; and Paylocity Web Expense, an expense management tool designed to streamline and automate the expense management process. It has a 276.14 P/E ratio. The firm also provides Paylocity Web Benefits and Paylocity Enterprise Benefits, which are benefit management solutions that integrate with insurance carrier systems to provide automated administrative processes and allow users to choose benefit elections and make life event changes online, summarize benefit elections, and perform other benefit-related tasks, as well as enable premium reconciliation, management of voluntary benefits, and reporting.

Fortaleza Asset Management Inc holds 1.6% of its portfolio in Paylocity Holding Corporation for 5,405 shares. Shaker Investments Llc Oh owns 39,335 shares or 1.23% of their US portfolio. Moreover, Granahan Investment Management Inc Ma has 0.71% invested in the company for 191,875 shares. The New York-based Echo Street Capital Management Llc has invested 0.69% in the stock. Wasatch Advisors Inc, a Utah-based fund reported 1.07 million shares.

Ratings analysis reveals 50% of Paylocity’s analysts are positive. Out of 6 Wall Street analysts rating Paylocity, 3 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $40.0 while the high is $50.0. The stock’s average target of $46 is -20.68% below today’s ($57.99) share price. PCTY was included in 6 notes of analysts from September 20, 2016. The company was initiated on Friday, September 30 by RBC Capital Markets. The stock has “Sector Weight” rating by Pacific Crest on Tuesday, September 20. Needham maintained it with “Buy” rating and $40.0 target in Friday, February 3 report. Bank of America upgraded the stock to “Buy” rating in Friday, February 3 report. As per Friday, November 4, the company rating was upgraded by First Analysis. The firm earned “Perform” rating on Friday, December 2 by Oppenheimer.

As published in a legally required document filed with the U.S. SEC on 04-05-2018, Bortay Wu, VP – Taiwan Operations of Gsi Technology Inc and a well informed person, sold 14,590 shares of the firm for close to $109,150 USD at an average stock price per share of $7.5. Today, Bortay Wu has rights to a total of 912,500 shares or 4.29% of the Company’s total market capitalization.

GSI Technology, Inc., a fabless semiconductor company, designs, develops, and markets memory products primarily for the networking and telecommunications markets in the United States, China, Singapore, and internationally. The company has market cap of $160.98 million. It offers synchronous static random access memory products, such as BurstRAMs for microprocessor cache applications; No Bus Turnaround SRAMs to address the needs of moderate performance networking applications; SigmaQuad and SigmaDDR products that are double data rate and quad data rate synchronous SRAMs; and radiation-hardened SRAMs for aerospace and military applications, such as networking satellites. It currently has negative earnings. The firm also provides low latency dynamic random access memory products; and bandwidth engine products.

Investors sentiment increased to 1.73 in 2017 Q4. Its up 0.78, from 0.95 in 2017Q3. It increased, as 3 investors sold GSI Technology, Inc. shares while 12 reduced holdings. 9 funds opened positions while 17 raised stakes. 6.66 million shares or 0.87% less from 6.72 million shares in 2017Q3 were reported. Panagora Asset Management has invested 0% in GSI Technology, Inc. (NASDAQ:GSIT). Geode Cap Limited Liability Co has invested 0% of its portfolio in GSI Technology, Inc. (NASDAQ:GSIT). Deutsche Bancorp Ag invested in 0% or 33,524 shares. Menta Cap Limited Co reported 44,451 shares. Tower (Trc) reported 0.02% stake. 34,200 were accumulated by Schwab Charles Mgmt. California Employees Retirement Systems accumulated 45,010 shares or 0% of the stock. California State Teachers Retirement System owns 23,400 shares. Financial Bank Of New York Mellon Corp reported 47,219 shares. Ny State Common Retirement Fund reported 206,379 shares. Tiaa Cref Invest Ltd Liability Corp reported 0% of its portfolio in GSI Technology, Inc. (NASDAQ:GSIT). Legal General Public Limited holds 2,162 shares or 0% of its portfolio. Invesco invested 0% in GSI Technology, Inc. (NASDAQ:GSIT). New Jersey-based Prudential has invested 0% in GSI Technology, Inc. (NASDAQ:GSIT). 2,200 were accumulated by Earnest Prtnrs Lc.

Since February 2, 2018, it had 0 insider purchases, and 6 selling transactions for $248,398 activity. Lasserre Didier had sold 10,000 shares worth $79,148. Yau Robert sold $19,088 worth of stock.

More news for GSI Technology, Inc. (NASDAQ:GSIT) were recently published by: Globenewswire.com, which released: “GSI Technology, Inc. Reports Fourth-Quarter and Fiscal 2018 Results” on May 03, 2018. Nasdaq.com‘s article titled: “GSI Technology, Inc. to Announce Fourth-Quarter and Year End Fiscal 2018 Results on May 3, 2018” and published on April 17, 2018 is yet another important article.

The stock increased 5.59% or $0.4 during the last trading session, reaching $7.56. About 28,258 shares traded. GSI Technology, Inc. (NASDAQ:GSIT) has declined 9.15% since May 5, 2017 and is downtrending. It has underperformed by 20.70% the S&P500.

GSI Technology, Inc. (NASDAQ:GSIT) Institutional Positions Chart