Paychex Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

WBAG:PAYX Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
24 Aug 24	Buy€13,123	David Flaschen	Individual	124	€109.27
16 Aug 24	Sell€267,296	Christopher Simmons	Individual	2,344	€114.03
24 Jul 24	Sell€1,019,616	Mark Bottini	Individual	8,954	€113.87
15 Jul 24	Sell€1,387,535	John Gibson	Individual	12,670	€109.51
02 Jul 24	Sell€5,153,958	Martin Mucci	Individual	47,348	€108.85

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of PAYX?
Owner Type	Number of Shares	Ownership Percentage
State or Government	247,750	0.0688%
Individual Insiders	38,201,763	10.6%
General Public	40,499,401	11.2%
Institutions	281,114,160	78.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 61.53% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.3%	B. Golisano	37,155,094	€5.1b	-1.06%	no data
8.71%	The Vanguard Group, Inc.	31,346,208	€4.3b	0.95%	0.06%
8.53%	Capital Research and Management Company	30,722,235	€4.2b	7.82%	0.2%
7.48%	BlackRock, Inc.	26,942,652	€3.7b	-3.7%	0.06%
3.67%	State Street Global Advisors, Inc.	13,230,236	€1.8b	0.46%	0.07%
2.65%	Charles Schwab Investment Management, Inc.	9,524,870	€1.3b	3.77%	0.22%
2.62%	Wells Fargo & Company, Securities and Brokerage Investments	9,420,524	€1.3b	-0.22%	0.4%
2.61%	Geode Capital Management, LLC	9,414,072	€1.3b	2.07%	0.09%
1.57%	Walter Scott & Partners Limited	5,635,391	€771.0m	-3.77%	1.71%
1.36%	BNY Asset Management	4,880,099	€667.6m	-2.71%	0.12%
1.29%	UBS Asset Management AG	4,655,963	€637.0m	-5.27%	0.06%
1.14%	Northern Trust Global Investments	4,112,903	€562.7m	-4.73%	0.09%
1.11%	Managed Account Advisors LLC	3,983,752	€545.0m	-2.36%	0.11%
0.96%	Invesco Capital Management LLC	3,443,986	€471.2m	10.1%	0.19%
0.87%	Legal & General Investment Management Limited	3,143,544	€430.1m	1.07%	0.08%
0.84%	JPMorgan Chase & Co, Brokerage and Securities Investments	3,041,743	€416.1m	96.2%	0.18%
0.82%	Morgan Stanley, Investment Banking and Brokerage Investments	2,970,103	€406.3m	16%	0.05%
0.78%	Fidelity International Ltd	2,815,397	€385.2m	1.64%	0.17%
0.72%	Dimensional Fund Advisors LP	2,578,008	€352.7m	9.41%	0.06%
0.64%	Columbia Management Investment Advisers, LLC	2,300,645	€314.7m	4.85%	0.07%
0.62%	Envestnet Asset Management, Inc.	2,242,675	€306.8m	-14.6%	0.1%
0.59%	TD Asset Management, Inc.	2,124,134	€290.6m	1.02%	0.22%
0.58%	First Trust Advisors LP	2,101,844	€287.5m	4.25%	0.24%
0.56%	Eaton Vance Management	2,007,154	€274.6m	2.12%	0.06%
0.49%	Toronto-Dominion Bank, Banking Investments	1,764,740	€241.4m	0.2%	0.37%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 14:26
End of Day Share Price	2024/12/27 00:00
Earnings	2024/11/30
Annual Earnings	2024/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Paychex, Inc. is covered by 45 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Argus Research Company
Mark Marcon	Baird
Ishan Majumdar	Baptista Research