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Paycom Software (NYSE:PAYC) Hits New 1-Year Low - Time to Sell?
Paycom Software (NYSE:PAYC) recently hit a new 52-week low despite some analysts rating it a “buy” or “overweight.” The company announced a quarterly dividend and its CFO sold shares, reducing his ownership. Institutional investors have either increased or maintained their positions, with 87.77% of the stock owned by hedge funds and other institutional investors.