PAYX Paychex Inc
XNAS
115.70
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
PAYX
$115.70
—
Key stats
$115.70
- 52-Week Range
- $85.45 – $127.98
- YTD
- +6.54%
- IV Rank (30D)
- 27.04
- Straddle Price
- $7.40
- P/C Vol Ratio
- 0.48
- Market Cap
- $42.0B
- Open
- $116.85
- Day Range
- $114.53 – $117.52
- Volume
- 2,591,177
- Prev Close
- $118.04
Fair Value
MODEL: LONG
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.96% |
| Beta vs SPY | 0.85 |
| Cost of Equity (CAPM) | 9.20% (VRP-adj) |
| WACC | 8.93% |
| Volatility Risk Premium | +13.1pp (IV − HV30) |
| Effective Tax Rate | 24.1% |
| Rev. Growth (YoY, DCF input) | +5.9% |
| DCF Horizon | 12 years explicit + fade |
| Forward Tilt (NTM/TTM) | ×1.06 (applied to P/E, EV/EBITDA, P/S) |
| Free Cash Flow (TTM) | $2.0B |
| Return on Equity (TTM) | 48.7% |
| Book / Price | 8.9% |
| Gross Margin (TTM) | 73.5% |
| FCF Margin (TTM) | 31.0% |
| Debt / Equity | 1.23 |
| Quality Score | 4/6 — high quality (12y DCF) |
| Market-Implied Growth | +8.1% (reverse-DCF on current price) |
| SMA 50 | $113.70 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $106.92 |
| Bollinger Width / SMA20 | 22.5% (drives anchor stability) |
| Net Debt | $4.0B |
| Market Cap | $41B |
Peers used for multiples: AAPL, ADP, AVGO, MO, MSFT, NVDA, PEP, VZ
60-Day Conviction
57%
20-Day Fair Value
≈ by Nov 25, 2026
$116.46
α +0.7%
rank 4%
conviction
40%
40-Day Fair Value
≈ by Dec 24, 2026
$117.17
α +1.3%
rank 13%
conviction
44%
60-Day Fair Value
≈ by Jan 22, 2027
$117.73
α +1.8%
rank 16%
conviction
57%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $98.82 | 18% | |
| DDM (Gordon) | $143.30 | 14% | |
| Peer P/E | $143.38 | 8% | median 26.9× · 8 peers |
| Peer EV/EBITDA | $146.81 | 8% | median 19.4× · 8 peers |
| Peer P/B | $159.10 | 2% | median 15.4× · 7 peers |
| Peer P/S | $154.34 | 5% | median 8.2× · 8 peers |
| Market Anchor (SMA50) | $113.70 | 26% | stability 73% (BB-width) |
| Options Expected (B-L 30d) | $116.46 | 18% | 20 strikes · skew +0.41 |
As of 2026-10-27 · updated
Related
About
- Industry (SIC)
- SERVICES-ENGINEERING, ACCOUNTING, RESEARCH, MANAGEMENT (8700) · industry map
- Exchange
- XNAS
- Market Cap
- $42.0B
- Employees
- 17,600
- List Date
- 1983-08-26
- CIK
- 0000723531
- Next Earnings
- 2026-12-18 (Pre-Market)
- EPS Forecast
- $1.30 (6 est.)
- Headquarters
- Rochester, NY
- Homepage
- https://www.paychex.com
Paychex is a cloud-based human capital management provider offering payroll, compliance, talent management, benefits administration, and retirement services. The firm also provides HR outsourcing services, including professional employer organization, or PEO, offerings, enabling clients to reduce HR overhead. Paychex primarily targets small and midsize businesses, although its acquisition of Paycor in 2025 signals the firm's aspirations to expand into the midmarket segment, serving firms with more than 100 employees. As of fiscal 2026, Paychex has approximately 840,000 clients and manages payr…
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -3.36% | -12.45% | 0.04% | 3.27% | 6.62% | -5.04% | -1.82% |
| Feb | 1.98% | 0.81% | -6.21% | 1.26% | 2.05% | -8.61% | -1.45% |
| Mar | 5.68% | 16.10% | 3.51% | 0.47% | 0.59% | -2.26% | 4.01% |
| Apr | -1.29% | -8.74% | -1.32% | -2.31% | -4.83% | 1.89% | -2.77% |
| May | 2.10% | -2.99% | -4.67% | 0.63% | 7.71% | 4.26% | 1.17% |
| Jun | 6.25% | -6.86% | 4.36% | -1.32% | -7.64% | -4.01% | -1.54% |
| Jul | 4.93% | 10.24% | 12.56% | 9.42% | -2.10% | 13.64% | 8.12% |
| Aug | 1.09% | -2.56% | -2.85% | 3.72% | 0.08% | 8.22% | 1.28% |
| Sep | -1.03% | -9.69% | -5.78% | 1.71% | -6.77% | -21.60% | -7.19% |
| Oct | 7.06% | 3.00% | -2.40% | -1.04% | -5.63% | 14.74%* | 2.62% |
| Nov | -1.97% | 5.06% | 12.04% | 5.16% | -2.97% | -- | 3.46% |
| Dec | 15.87% | -8.21% | -3.88% | -3.60% | 1.48% | -- | 0.33% |
| Total | 42.38% | -18.58% | 3.26% | 18.02% | -12.05% | -4.31% | 4.79% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $106.92
SMA 50: $113.70
SMA 200: $103.46
Current: $115.70
EMA 12: $112.12
EMA 26: $110.58
MACD: 1.5348 | Signal: 1.8585
BEARISH
ADX (14): 30.06
TREND
+DI: 37.92
−DI: 18.55
Momentum Oscillators
RSI (14): 61.08
NEUTRAL
Stoch %K: 90.29
Stoch %D: 92.60
Williams %R: -20.51
Volume & Volatility
BB Upper: $119.76
BB Lower: $94.09
NEUTRAL
OBV: -56,618,178
Vol SMA 20: 2,909,033
Vol ROC: 48.15%
ATR: $2.91
True Range: $3.51
HV 20: 27.9%
HV 30: 38.4%
HV 60: 33.1%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-28T00:00:00 – 2026-10-26T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers: Technical indicators suggest a consolidating market, with momentum oscillators indicating neutral sentiment. Recent news headlines are generally positive, but the options market is pricing in moderate volatility.
Primary Risks: Low volatility could indicate limited upside potential, while high implied volatility suggests there may be hidden risks or uncertainty.
Investment Thesis: Paychex (PAYX) appears to be consolidating after a recent uptrend. The company's AI-powered payroll services are generating positive results, but the stock's beta is relatively low, indicating it may not respond as strongly to market movements.
Recent News Sentiment Impact: Positive news headlines have contributed to a bullish bias, but the overall sentiment remains neutral due to mixed signals from technical indicators and options market activity.
Technical Analysis
Trend Direction: Short-term: NEUTRAL (1-4 weeks), Medium-term: BULLISH (1-3 months), Long-term: BEARISH (3-12 months)
Support/Resistance Levels:
- Lower: $115.27 (Bollinger Band support)
- Middle: $122.79 (SMA 50 resistance)
- Upper: $130.30 (Bollinger Band resistance)
Momentum Signals:
- RSI: 38.40 (neutral)
- MACD: Bullish crossover above signal line
- Bollinger Bands: Oversold
Volume Analysis: Volume is trending lower, indicating a lack of conviction in the market.
News & Sentiment Analysis
Recent Headlines Summary: The company has received positive news coverage regarding its AI-powered payroll services and recent earnings beats.
Sentiment Assessment: Aggregate sentiment is NEUTRAL, with both positive and negative news stories contributing to this assessment.
Catalyst Identification: Upcoming earnings releases could provide a catalyst for the stock price. The options market is pricing in moderate volatility ahead of the next earnings event.
Market Narrative: The recent uptrend has created a bullish narrative around Paychex's AI-powered payroll services, but the low volatility suggests there may be limited upside potential.
Risk & Volatility Assessment
Beta Interpretation: Low beta (0.01) indicates that the stock is less volatile than the broader market.
Volatility Regime: Current volatility levels are relatively low compared to historical norms.
Options Market Signals:
- IV Rank: 16.0% (Low)
- Put/Call Volume Ratio: 0.30 (Bullish sentiment)
Downside Protection: Support at $115.27 and the Bollinger Band lower line could provide some downside protection in case of a market downturn.
Market Context & Positioning
Sector Performance: Paychex is outperforming its sector peers, which could be a positive sign for long-term investors.
Institutional Activity: Institutional interest remains moderate, with no unusual volume patterns or buy/sell signals.
Correlation Analysis: The stock has a low correlation to the broader market (R-squared: 0.01), indicating it may not respond as strongly to market movements.
Relative Valuation: Paychex is trading near its historical average valuation multiples.
Key Levels & Action Items
Critical Price Levels:
- Lower: $115.27
- Middle: $122.79
- Upper: $130.30
Breakout/Breakdown Levels: The Bollinger Band upper line and SMA 50 resistance could serve as breakout levels, while the lower band and Bollinger Band support could trigger a breakdown.
Time-Sensitive Catalysts: Upcoming earnings releases could provide a catalyst for the stock price.
Risk Management: Consider using stop-loss levels at $115.27 or implementing a trailing stop-loss to manage risk.
Note: The analysis above is based on the provided data and should not be taken as personalized investment advice.
Generated
News
All PAYX news →
Velli previously served on the boards of Paychex, Cognizant and Computershare.
Earnings History
17 of 23 under expected move
Avg Expected Move
6.00%
Avg Actual Move
3.93%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-04-06 | Pre-Market | 3.84% | 4.92% | 1.28x | Exceeded |
| 2021-06-25 | Pre-Market | 3.77% | 1.28% | 0.34x | Within |
| 2021-09-30 | Pre-Market | 4.46% | 4.27% | 0.96x | Within |
| 2021-12-22 | Pre-Market | 6.67% | 5.52% | 0.83x | Within |
| 2022-03-30 | Pre-Market | 4.98% | 3.29% | 0.66x | Within |
| 2022-06-29 | Pre-Market | 6.34% | 4.20% | 0.66x | Within |
| 2022-09-28 | Pre-Market | 8.06% | 3.58% | 0.44x | Within |
| 2022-12-22 | Pre-Market | 6.92% | 2.26% | 0.33x | Within |
| 2023-03-29 | Pre-Market | 6.01% | 6.47% | 1.08x | Exceeded |
| 2023-06-29 | Pre-Market | 5.24% | 1.25% | 0.24x | Within |
| 2023-09-27 | Pre-Market | 5.56% | 3.36% | 0.60x | Within |
| 2023-12-21 | Pre-Market | 5.50% | 7.01% | 1.27x | Exceeded |
| 2024-04-02 | Pre-Market | 6.44% | 0.38% | 0.06x | Within |
| 2024-06-26 | Pre-Market | 5.38% | 6.11% | 1.14x | Exceeded |
| 2024-10-01 | Pre-Market | 5.59% | 4.92% | 0.88x | Within |
| 2024-12-19 | Pre-Market | 5.10% | 1.44% | 0.28x | Within |
| 2025-03-26 | Pre-Market | 5.34% | 4.20% | 0.79x | Within |
| 2025-06-25 | Pre-Market | 6.27% | 9.40% | 1.50x | Exceeded |
| 2025-09-30 | Pre-Market | 6.96% | 1.38% | 0.20x | Within |
| 2025-12-19 | Pre-Market | 5.08% | 1.72% | 0.34x | Within |
| 2026-03-25 | Pre-Market | 8.94% | 3.03% | 0.34x | Within |
| 2026-06-24 | Pre-Market | 8.22% | 1.72% | 0.21x | Within |
| 2026-09-23 | Pre-Market | 7.25% | 8.77% | 1.21x | Exceeded |
Earnings calendar: this week’s reports with expected vs actual moves →
PAYX Options Activity & IV Rank
PAYX IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 30.0%
7-DTE IV: —
Expected Move: $7.40
7-DTE Move: $7.40
Days to Exp: 25 (2026-11-20)
Options Flow
Call Volume: 164
Put Volume: 78
P/C Volume: 0.476
BULLISH
Call OI: 6,193
Put OI: 6,108
P/C OI: 0.986
Total OI: 12,301
ATM Options Pricing
ATM Call: $3.85
ATM Put: $3.55
Call %: 3.3%
Put %: 3.1%
Chain Summary
Chain Volume: 2,774
Chain OI: 42,275
Last Updated: 10/26/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 62nd percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
62%
vs own history
GEX tilt
+0.31
OI-weighted, today
Vanna tilt
+0.65
δ-sensitivity to IV
Charm tilt
-0.76
δ-decay vs time
Vanna tilt +0.65: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.76: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 39 ATM contracts, 21k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 26 · No data
30 DTE / 10d
85%
+9.4
pts
EXTREME
as of Oct 26 · ATM 30.5% / Wing 39.9%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)27.0MediumOct 26
Straddle Price (30 DTE)$7.40Oct 26
Beta Analysis
Risk Metrics
Beta: -0.0242
Alpha: -2.43%
Correlation: -0.0101
R-Squared: 0.0%
Stock Volatility: 30.6%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
Notable investors who own PAYX
6 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Millennium Management Hedge fund Izzy Englander | $229.1M | #107 of 3716 | +105.3% | 13F | |
| Citadel Hedge fund Ken Griffin | $42.5M | #778 of 6285 | +242.0% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $21.5M | #664 of 3138 | -81.3% | 13F | |
| Markel Group Holding company Tom Gayner | $14.7M | #97 of 130 | 0.0% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $5.5M | #935 of 4729 | +8.4% | 13F | |
| Point72 Hedge fund Steve Cohen | $511K | #1629 of 1945 | -51.9% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
PAYX Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 358,675,000 (as of 2026-08-31)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
23 filers$237.93M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $52.70M | 22.15% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $47.18M | 19.83% | 2026-06-30 |
| 3 | Jane Street Group, LLC Custodian | $46.52M | 19.55% | 2026-06-30 |
| 4 | IMC-Chicago, LLC Custodian | $27.41M | 11.52% | 2026-06-30 |
| 5 | Wolverine Trading, LLC Custodian | $14.22M | 5.97% | 2025-09-30 |
| 6 | GROUP ONE TRADING LLC Custodian | $12.78M | 5.37% | 2026-06-30 |
| 7 | Walleye Capital LLC | $7.57M | 3.18% | 2026-06-30 |
| 8 | Millennium Management LLC Custodian | $7.20M | 3.03% | 2026-06-30 |
| 9 | Simplex Trading, LLC Custodian | $3.83M | 1.61% | 2026-06-30 |
| 10 | Delta Accumulation, LLC | $3.23M | 1.36% | 2026-06-30 |
| 11 | CAPITAL FUND MANAGEMENT S.A. | $2.17M | 0.91% | 2026-06-30 |
| 12 | Volterra Technologies LP | $1.99M | 0.83% | 2026-06-30 |
| 13 | Qube Research & Technologies Ltd | $1.98M | 0.83% | 2026-06-30 |
| 14 | Jain Global LLC | $1.88M | 0.79% | 2026-06-30 |
| 15 | TUDOR INVESTMENT CORP ET AL | $1.49M | 0.63% | 2026-06-30 |
| 16 | Cubist Systematic Strategies, LLC | $1.20M | 0.51% | 2025-09-30 |
| 17 | Walleye Trading LLC | $1.19M | 0.50% | 2026-06-30 |
| 18 | BNP Paribas Financial Markets Custodian | $983.30K | 0.41% | 2026-06-30 |
| 19 | Squarepoint Ops LLC | $875.14K | 0.37% | 2026-06-30 |
| 20 | Point72 Asset Management, L.P. | $639.14K | 0.27% | 2026-06-30 |
| 21 | Two Sigma Investments, LP Custodian | $471.98K | 0.20% | 2026-06-30 |
| 22 | UBS Group AG Custodian | $371.69K | 0.16% | 2026-06-30 |
| 23 | Tidal Investments LLC | $39.33K | 0.02% | 2026-06-30 |
27 filers$181.06M notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Susquehanna International Group, LLP Custodian | $51.71M | 28.56% | 2026-06-30 |
| 2 | Citadel Advisors LLC Custodian | $20.93M | 11.56% | 2026-06-30 |
| 3 | Goldman Sachs Group Inc Custodian | $14.18M | 7.83% | 2026-06-30 |
| 4 | IMC-Chicago, LLC Custodian | $12.74M | 7.04% | 2026-06-30 |
| 5 | Point72 Asset Management, L.P. | $12.65M | 6.98% | 2026-06-30 |
| 6 | WS MANAGEMENT LLLP | $9.83M | 5.43% | 2026-06-30 |
| 7 | Jane Street Group, LLC Custodian | $9.23M | 5.10% | 2026-06-30 |
| 8 | Walleye Trading LLC | $7.22M | 3.99% | 2026-06-30 |
| 9 | Millennium Management LLC Custodian | $7.06M | 3.90% | 2026-06-30 |
| 10 | Walleye Capital LLC | $6.03M | 3.33% | 2026-06-30 |
| 11 | Wolverine Trading, LLC Custodian | $5.82M | 3.22% | 2025-09-30 |
| 12 | UBS Group AG Custodian | $5.44M | 3.00% | 2026-06-30 |
| 13 | Volterra Technologies LP | $2.45M | 1.35% | 2026-06-30 |
| 14 | Qube Research & Technologies Ltd | $2.30M | 1.27% | 2026-06-30 |
| 15 | CAPSTONE INVESTMENT ADVISORS, LLC | $2.01M | 1.11% | 2026-06-30 |
| 16 | GROUP ONE TRADING LLC Custodian | $1.82M | 1.00% | 2026-06-30 |
| 17 | Citigroup Inc. Custodian | $1.64M | 0.91% | 2026-06-30 |
| 18 | CAPITAL FUND MANAGEMENT S.A. | $1.60M | 0.89% | 2026-06-30 |
| 19 | Interval Partners, LP | $1.60M | 0.89% | 2026-06-30 |
| 20 | Simplex Trading, LLC Custodian | $1.40M | 0.77% | 2026-06-30 |
| 21 | Two Sigma Investments, LP Custodian | $1.29M | 0.71% | 2026-06-30 |
| 22 | Cubist Systematic Strategies, LLC | $709.86K | 0.39% | 2025-09-30 |
| 23 | Twin Tree Management, LP | $658.81K | 0.36% | 2026-06-30 |
| 24 | Banco BTG Pactual S.A. | $393.32K | 0.22% | 2026-06-30 |
| 25 | PEAK6 LLC | $235.99K | 0.13% | 2026-06-30 |
PAYX Insider Trading (Form 4)
Latest: 2026-10-21Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-10-21 | John B Gibson | President and CEO | Tax (F) | −409 | $110.75 | -$45.3K | EDGAR |
| 2026-10-16 | J. Michael Hansen | Director | Award (A) | +970 | — | EDGAR | |
| 2026-10-16 | Robert L. Schrader | Sr. VP, CFO | Tax (F) | −116 | $110.78 | -$12.9K | EDGAR |
| 2026-10-16 | Christopher C Simmons | VP, Controller & Treasurer | Tax (F) | −38 | $110.78 | -$4.2K | EDGAR |
| 2026-10-16 | Joseph Doody | Director | Mixed | +245 | — | EDGAR | |
| 2026-10-16 | Kevin A Price | Director | Award (A) | +970 | — | EDGAR | |
| 2026-10-16 | Pamela A Joseph | Director | Award (A) | +970 | — | EDGAR | |
| 2026-10-16 | Martin Mucci | Director | Award (A) | +1,137 | — | EDGAR | |
| 2026-10-16 | Tom Bonadio | Director | Award (A) | +970 | — | EDGAR | |
| 2026-10-16 | Theresa M. Payton | Director | Award (A) | +970 | — | EDGAR | |
| 2026-10-16 | Joseph M Velli | Director | Mixed | −6,869 | $107.68 | -$844.1K | EDGAR |
| 2026-10-16 | Joseph M Tucci | Director | Award (A) | +970 | — | EDGAR | |
| 2026-10-02 | Ryan Norman Bergstrom | Chief Product Officer | Tax (F) | −1,393 | $100.84 | -$140.5K | EDGAR |
| 2026-10-02 | Adam Brooks Ante | Sr. Vice President, Paycor | Tax (F) | −1,762 | $100.84 | -$177.7K | EDGAR |
| 2026-09-30 | B Thomas Golisano | 10%+ Owner | Gift (G) | −562,635 | $99.91 | -$56.21M | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
PAYX Insider Holdings
23 insiders · @ $115.70
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | B Thomas Golisano | 10%+ Owner | 35,129,172 | $4.06B | -$38.3K | 84 | 2026-09-30 |
| 2 | Martin Mucci | Director | 441,031 | $51.03M | -$200.40M | 67 | 2026-10-16 |
| 3 | Joseph M Velli | Director | 81,725 | $9.46M | -$5.24M | 33 | 2026-10-16 |
| 4 | John B Gibson | President and CEO | 80,957 | $9.37M | -$46.54M | 40 | 2026-10-21 |
| 5 | Joseph M Tucci | Director | 68,334 | $7.91M | -$7.84M | 34 | 2026-10-16 |
| 6 | Adam Brooks Ante | Sr. Vice President, Paycor | 54,213 | $6.27M | $0 | 9 | 2026-10-02 |
| 7 | Ryan Norman Bergstrom | Chief Product Officer | 43,295 | $5.01M | $0 | 9 | 2026-10-02 |
| 8 | Michael E Gioja | Sr. Vice President | 23,983 | $2.77M | -$75.82M | 59 | 2025-04-07 |
| 9 | Tom Bonadio | Director | 22,474 | $2.60M | $198.5K | 13 | 2026-10-16 |
| 10 | Robert L. Schrader | Sr. VP, CFO | 18,770 | $2.17M | -$3.79M | 24 | 2026-10-16 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
PAYX Board & Officers
As of SEC filings through Oct 21, 2026Directors 11
- Pamela A Joseph · on file since Jul 2006
- Joseph M Tucci · on file since Jul 2006
- Joseph M Velli · since Jan 18, 2007
- Joseph Doody · since Oct 13, 2010
- Martin Mucci · listed since Oct 2010
- Tom Bonadio · since Jan 15, 2017
- Kara Wilson · since Jul 13, 2017
- Kevin A Price · since Jul 8, 2021
- Theresa M. Payton · since Jan 20, 2023
- J. Michael Hansen · since Jan 16, 2026
- John B Gibson · listed since Oct 2026
Officers 11
- John B Gibson · President and CEO · listed since Oct 2022
- Elizabeth Roaldsen · Sr. Vice President · since May 15, 2023
- Adam Brooks Ante · Sr. Vice President, Paycor · listed since Jul 2025
- Robert L. Schrader · Sr. VP, CFO · listed since Oct 2023
- Mason Argiropoulos · VP, Chief HR Officer · since Apr 15, 2024
- Prabha S Bhandari · Chief Legal Officer, Secretary · listed since Jul 2024
- Ryan Norman Bergstrom · Chief Product Officer · since Apr 14, 2025
- Christopher C Simmons · VP, Controller & Treasurer · since Oct 13, 2023
- Beaumont Vance · Sr VP Data, Analytics, and AI · since Mar 11, 2024
- Jason Richard Rose · SVP, Digital Sales & Marketing · since Aug 19, 2024
- Chad C Parodi · SVP, HCM, PEO & Insurance · since Oct 9, 2025
10% owners 1
- B Thomas Golisano · on file since 2006
Changes in the last 10 years (30)
| Oct 21, 2026 | John B Gibson first listed as a director in an SEC filing |
| Jan 16, 2026 | J. Michael Hansen became a director |
| Oct 9, 2025 | Chad C Parodi became SVP, HCM, PEO & Insurance |
| Jul 15, 2025 | Mark Anthony Bottini reported in an SEC filing no longer being Sr. VP of Sales |
| Jul 8, 2025 | The company announced the departure of Michael E Gioja as Sr. Vice President in an SEC filing |
| Jul 3, 2025 | Adam Brooks Ante listed as Sr. Vice President, Paycor (previously Senior Vice President, Paycor) in SEC filings |
| May 15, 2025 | The company announced the departure of B Thomas Golisano from the board in an SEC filing |
| Apr 14, 2025 | Ryan Norman Bergstrom became Chief Product Officer |
| Apr 14, 2025 | Adam Brooks Ante became Senior Vice President, Paycor |
| Aug 19, 2024 | Jason Richard Rose became SVP, Digital Sales & Marketing |
| Jul 17, 2024 | Prabha S Bhandari listed as Chief Legal Officer, Secretary (previously SVP. Chief Legal Officer) in SEC filings |
| May 30, 2024 | Prabha S Bhandari became SVP. Chief Legal Officer |
| May 16, 2024 | The company announced the departure of Stephanie L Schaeffer as CLO, Secretary in an SEC filing |
| Apr 15, 2024 | Mason Argiropoulos became VP, Chief HR Officer |
| Mar 11, 2024 | Beaumont Vance became Sr VP Data, Analytics, and AI |
| Oct 17, 2023 | Robert L. Schrader listed as Sr. VP, CFO (previously VP/Controller) in SEC filings |
| Oct 13, 2023 | Christopher C Simmons became VP, Controller & Treasurer |
| Sep 5, 2023 | The company announced the departure of Efrain Rivera as Sr. Vice President, CFO in an SEC filing |
| May 15, 2023 | Elizabeth Roaldsen became Sr. Vice President |
| Jan 20, 2023 | Theresa M. Payton became a director |
| Oct 18, 2022 | Martin Mucci no longer listed as Chairman and CEO in SEC filings |
| Oct 18, 2022 | John B Gibson listed as President and CEO (previously President and COO) in SEC filings |
| Jul 12, 2022 | John B Gibson listed as President and COO (previously Sr. VP, Service) in SEC filings |
| Dec 28, 2021 | Martin Mucci listed as Chairman and CEO (previously CEO & President) in SEC filings |
| Nov 23, 2021 | The company announced the departure of B Thomas Golisano as Chairman in an SEC filing |
| Jul 8, 2021 | Kevin A Price became a director |
| Apr 12, 2021 | Karen E. Saunders-McClendon became VP, Chief Human Resources Offi |
| Jul 10, 2019 | Robert L. Schrader became VP/Controller |
| Jul 13, 2017 | Kara Wilson became a director |
| Jan 15, 2017 | Tom Bonadio became a director |
Not reported recently (6)
- David J S Flaschen · Last reported as a director in an SEC filing dated Aug 6, 2024
- Karen E. Saunders-McClendon · Last reported as VP, Chief Human Resources Offi in an SEC filing dated Jul 18, 2023
- Laurie L. Zaucha · Last reported as Vice President in an SEC filing dated Jul 17, 2020
- Jennifer R. Vossler · Last reported as VP/Controller in an SEC filing dated Jul 9, 2019
- Grant M Inman · Last reported as a director in an SEC filing dated Jul 26, 2018
- Phillip Horsley · Last reported as a director in an SEC filing dated Sep 11, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
PAYX Proposed Insider Sales (Form 144)
Latest: 2026-10-23
? Form 144 Guide
Last 30d:
5 filings
· $93.9M notice value
· Last 90d:
5 filings
· $93.9M notice value
· 2 unique filers
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
Golisano B Thomas (4, $93.1M) · VELLI JOSEPH M (1, $844K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-10-23 | Golisano B Thomas | 10% Shareholder | 21,890 | $2.55M | 2026-10-22 | Merrill Lynch, Pierce, Fenner & … | — | EDGAR |
| 2026-10-21 | GOLISANO B THOMAS | 10% Shareholder | 14,747 | $1.66M | 2026-10-20 | Merrill Lynch, Pierce, Fenner & … | — | EDGAR |
| 2026-10-21 | GOLISANO B THOMAS | 10% Shareholder | 295,857 | $32.67M | 2026-10-19 | Merrill Lynch, Pierce, Fenner & … | — | EDGAR |
| 2026-10-14 | VELLI JOSEPH M | Director | 7,839 | $844.1K | 2026-10-14 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-09-29 | Golisano B Thomas | 10% Stockholder | 562,635 | $56.21M | 2026-09-28 | Merrill Lynch, Pierce, Fenner & … | — | EDGAR |
| 2026-07-20 | Schrader Robert L. | Officer | 2,600 | $299.2K | 2026-07-20 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-07-17 | Simmons Christopher C | Officer | 2,615 | $303.1K | 2026-07-17 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-07-17 | Mucci Family Foundation | Director | 9,309 | $1.06M | 2026-07-17 | Merrill Lynch, Pierce, Fenner & … | — | EDGAR |
| 2026-07-14 | MUCCI MARTIN | Director | 25,000 | $2.75M | 2026-07-14 | Fidelity Brokerage Services LLC | — | EDGAR |
| 2026-06-26 | TUCCI JOSEPH M | Director | 3,907 | $383.9K | 2026-06-26 | Fidelity Brokerage Services LLC | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-03-26
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-03-25 | 0001193125-26-122887 | EDGAR |
| 2026-01-26 | 0001193125-26-021794 | EDGAR |
| 2026-01-20 | 0001193125-26-016044 | EDGAR |
| 2025-12-19 | 0001193125-25-325838 | EDGAR |
| 2025-10-14 | 0001193125-25-239171 | EDGAR |
| 2025-09-30 | 0001193125-25-224146 | EDGAR |
| 2025-07-14 | 0000950170-25-095576 | EDGAR |
| 2025-06-25 | 0000950170-25-089743 | EDGAR |
| 2025-05-16 | 0000950103-25-006123 | EDGAR |
| 2025-04-14 | 0000950103-25-004790 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|---|---|
| 2025-07-11 | 0000950170-25-095300 | EDGAR |
| 2024-07-11 | 0000950170-24-082958 | EDGAR |
| 2023-07-14 | 0000950170-23-032988 | EDGAR |
| 2022-07-15 | 0000950170-22-012734 | EDGAR |
| 2021-07-16 | 0000723531-21-000035 | EDGAR |
| 2020-07-17 | 0000723531-20-000048 | EDGAR |
| 2019-07-24 | 0000723531-19-000032 | EDGAR |
| 2018-07-20 | 0000723531-18-000026 | EDGAR |
| 2017-07-21 | 0000723531-17-000023 | EDGAR |
| 2016-07-22 | 0000723531-16-000046 | EDGAR |
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-03-26 | 0001193125-26-126204 | EDGAR |
| 2025-12-22 | 0001193125-25-328698 | EDGAR |
| 2025-09-30 | 0001193125-25-224997 | EDGAR |
| 2025-03-26 | 0000950170-25-045216 | EDGAR |
| 2024-12-19 | 0000950170-24-138425 | EDGAR |
| 2024-10-01 | 0000950170-24-110834 | EDGAR |
| 2024-04-02 | 0000950170-24-040129 | EDGAR |
| 2023-12-21 | 0000950170-23-072195 | EDGAR |
| 2023-09-28 | 0000950170-23-050438 | EDGAR |
| 2023-03-30 | 0000950170-23-010925 | EDGAR |
ETF Holders
358 ETFs hold PAYX
25 shown · $7.62B total exposure · 0.10% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.04% | $1.0B | — | 2026-09-30 |
| 2 | QQQ Invesco QQQ Trust, Series 1 | Invesco | 0.18% | $878.0M | — | 2026-10-24 |
| 3 | VOO Vanguard S&P 500 ETF | Vanguard | 0.05% | $828.1M | — | 2026-09-30 |
| 4 | SCHD Schwab U.S. Dividend Equity ETF | Nport | 0.79% | $748.3M | — | 2026-05-31 |
| 5 | VO Vanguard Morningstar Mid-Cap ETF | Vanguard | 0.31% | $675.2M | — | 2026-09-30 |
| 6 | IVV iShares Core S&P 500 ETF | iShares (BlackRock) | 0.06% | $502.8M | $880.6B | 2026-10-23 |
| 7 | SPY State Street® SPDR® S&P 500® ETF Trust | SPDR (State Street) | 0.06% | $458.1M | $807.9B | 2026-10-23 |
| 8 | VTV Vanguard Morningstar Value ETF | Vanguard | 0.12% | $300.4M | — | 2026-09-30 |
| 9 | VOT Vanguard Morningstar Mid-Cap Growth ETF | Vanguard | 0.75% | $247.5M | — | 2026-09-30 |
| 10 | XLI State Street® Industrial Select Sector SPDR® ETF | SPDR (State Street) | 0.71% | $215.5M | $30.2B | 2026-10-23 |
| 11 | RSP Invesco S&P 500 Equal Weight ETF | Invesco | 0.20% | $202.0M | — | 2026-10-24 |
| 12 | QQQM Invesco NASDAQ 100 ETF | Invesco | 0.18% | $198.0M | — | 2026-10-24 |
| 13 | IWR iShares Russell Mid-Cap ETF | iShares (BlackRock) | 0.28% | $159.3M | $57.3B | 2026-10-23 |
| 14 | QUAL iShares MSCI USA Quality Factor ETF | iShares (BlackRock) | 0.29% | $141.1M | $48.3B | 2026-10-23 |
| 15 | COWZ Pacer US Cash Cows 100 ETF | Nport | 0.70% | $131.6M | — | 2026-07-31 |
| 16 | VYM Vanguard High Dividend Yield ETF | Vanguard | 0.13% | $129.0M | — | 2026-09-30 |
| 17 | HDV iShares Core High Dividend ETF | iShares (BlackRock) | 0.73% | $116.6M | $16.0B | 2026-10-23 |
| 18 | SPYM State Street® SPDR® Portfolio S&P 500® ETF | SPDR (State Street) | 0.06% | $103.3M | $181.7B | 2026-10-23 |
| 19 | SPYD State Street® SPDR® Portfolio S&P 500® High Dividend ETF | SPDR (State Street) | 1.36% | $102.8M | $7.5B | 2026-10-23 |
| 20 | VFLO VictoryShares Free Cash Flow ETF | Nport | 1.14% | $88.3M | — | 2026-06-30 |
| 21 | DUHP Dimensional US High Profitability ETF | Dimensional | 0.45% | $86.9M | — | 2026-10-23 |
| 22 | IWD iShares Russell 1000 Value ETF | iShares (BlackRock) | 0.10% | $85.2M | $84.8B | 2026-10-23 |
| 23 | FDL First Trust Morningstar Dividend Leaders Index Fund | First Trust | 0.93% | $76.8M | $8.2B | 2026-10-23 |
| 24 | SPHD Invesco S&P 500 High Dividend Low Volatility ETF | Invesco | 2.22% | $74.8M | — | 2026-10-24 |
| 25 | CGDG Capital Group Dividend Growers ETF | Capitalgroup | 1.23% | $71.3M | $5.8B | 2026-10-23 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
22.96
TTM Diluted EPS
$5.04
TTM Revenue
$6.39B
TTM Net Income
$1.81B
TTM Op. Cash Flow
$2.25B
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q1 '27 | 2026-08-31 | $1.58B | $429.70M | $1.21 | $413.50M |
| Q3 '26 | 2026-02-28 | $1.75B | $560.30M | $1.56 | $812.50M |
| Q2 '26 | 2025-11-30 | $1.50B | $395.40M | $1.10 | $444.90M |
| Q1 '26 | 2025-08-31 | $1.49B | $383.80M | $1.06 | $718.40M |
| Q4 '25 | 2025-05-31 | $1.38B | $297.20M | $0.82 | $343.80M |
| Q3 '25 | 2025-02-28 | $1.47B | $519.30M | $1.43 | $716.00M |
| Q2 '25 | 2024-11-30 | $1.28B | $413.40M | $1.14 | $295.00M |
| Q1 '25 | 2024-08-31 | $1.28B | $427.40M | $1.18 | $546.10M |
| Q4 '24 | 2024-05-31 | $1.26B | $379.90M | $1.05 | $221.70M |
| Q3 '24 | 2024-02-29 | $1.40B | $498.60M | $1.38 | $671.70M |
| Q2 '24 | 2023-11-30 | $1.23B | $392.70M | $1.08 | $311.30M |
| Q1 '24 | 2023-08-31 | $1.25B | $419.20M | $1.16 | $693.00M |
Q1 2027 • period ending 2026-08-31 • filed 2026-09-24
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
22.96
P/B
11.20
P/S
6.49
EV/EBITDA
16.48
EV/Sales
7.11
ROE
48.7%
ROA
11.5%
Div Yield
3.87%
FCF Yield
5.43%
Debt/Equity
1.23
Current Ratio
—
Market Cap
$41.50B
as of 2026-10-26
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
18.83M
SI % of Float
5.90%
Days to Cover
4.27
Short Vol Ratio
68.2%
Free Float
319.24M
Float %
89.7%
Short interest 2026-09-30 • Short volume 2026-10-26 • Float 2026-09-22