DOODY JOSEPH

Director Joseph Doody purchases 1.0K PAYX shares at $98.76; stock down -38.6% from 52-week high and -11.7% in 30 days

Director Joseph Doody purchased 1,000 shares of Paychex at $98.76 on 2026-02-04, establishing an initial position after holding zero shares previously. The purchase occurs with Paychex trading at $98.17 (current), representing -38.6% from its 52-week high of $159.78 and -11.7% decline over the past 30 days. Doody's cross-ticker track record shows 1 prior sell with an average 90-day return of +10.5%, though his only prior trade at PAYX (an August 2024 sell) achieved a 90-day return of +10.5%, which was not well-timed in that sell context. This buy enters at a depressed valuation relative to recent highs, though without FLAGS indicating scheduled trading, the timing and motivation warrant scrutiny.

Director Joseph Doody sold 8,641 shares of PAYX at $130.69, reducing stake from 9,402 to 761 shares (-91.9%).

Joseph Doody, a director at Paychex, executed a substantial sale of 8,641 shares on 2024-08-26 at $130.69 per share for a total value of $1,129,292.29, leaving him with only 761 shares post-transaction. This represents a -91.9% reduction in his holdings, eliminating virtually his entire position in the company. The sale occurred while PAYX traded near its 52-week high (only -0.2% from the $130.19 peak), and the stock was up 9.8% over the prior 90 days, suggesting the sale coincided with elevated valuations. The substantial divestiture of a director's near-complete stake warrants investor attention given the visible reduction in insider ownership, though without disclosed trading plan details or explanation, the specific motivation remains opaque.