Beauchamp Steven R

Executive Chairman Beauchamp sells 30,000 PCTY shares for $5,975,017.23; extends pattern of well-timed exits at this ticker

Steven R Beauchamp, Executive Chairman of Paylocity, executed two separate sales totaling 30,000 shares for $5,975,017.23 at a blended average price of $199.17 on May 15-16, 2025. His holdings remain substantial at 1.52M shares post-transaction. Notably, his prior five trades at Paylocity were all well-timed sells, with 90-day post-sale declines ranging from -7.2% to -8.3%, establishing a 5-of-5 pattern of selling before stock declines at this ticker specifically. This continuation of Beauchamp's transaction discipline at Paylocity warrants monitoring against upcoming 90-day performance, particularly given the stock's valuation at P/E 48.64 and recent strength (30-day change +8.9% offsetting a 90-day change of -8.0%). The sales occur in an otherwise fundamentally sound environment: $454.5M quarterly revenue with +19.4% annual growth and $91.5M net income.

Beauchamp sells entire 52,500 shares (100% of PCTY holdings) for $11.4M across 12 transactions, Feb 14-18

Steven R Beauchamp, Executive Chairman of Paylocity, executed 12 separate sales totaling 52,500 shares for $11,401,739.81 at a blended average price of $217.18 on February 14–18, 2025, reducing his position from 52,500 shares to zero. The complete liquidation of his equity stake is material: the shares were sold near the 52-week high of $217.86, only 2.4% below the peak. However, his prior sell activity at PCTY shows poor timing at the 90-day horizon: of 5 prior trades at this ticker, only 1 was well-timed (with 4 followed by gains of +8.2% to +22.4%), suggesting this liquidation may not reflect a conviction-driven signal of deterioration. The company trades at a P/E of 53.71 with revenue growth of +19.4% year-over-year and a market cap of $11.9B, so fundamentals do not present an obvious red flag that would justify a forced exit.

Co-CEO Beauchamp sells 49,442 shares for $7.1M; prior PCTY sales were 100% well-timed at 90-day mark

Steven R Beauchamp, Co-Chief Executive Officer, executed 4 separate sales totaling 49,442 shares for $7,054,489.86 on 2024-07-22, at blended average price $142.68. His prior trades at PCTY show a strong timing pattern: all 4 preceding sales were well-timed at the 90-day mark, with 90-day returns of -12.9%, -13.3%, -14.1%, and -6.5% respectively, suggesting he has consistently sold before subsequent declines. The stock is currently -37.3% from its 52-week high and down 9.1% over 90 days, indicating the company has faced significant headwinds since these recent sales. Beauchamp retains 1,745,022 shares post-transaction, a 2.8% reduction from his 1,794,464 pre-transaction holdings, maintaining substantial ownership alignment with the company despite the liquidation pattern.