Paychex Ownership

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

Recent Insider Transactions

NasdaqGS:PAYX Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
24 Aug 24	BuyUS$14,689	David Flaschen	Individual	124	US$122.31
16 Aug 24	SellUS$293,797	Christopher Simmons	Individual	2,344	US$125.34
24 Jul 24	SellUS$1,106,714	Mark Bottini	Individual	8,954	US$123.60
15 Jul 24	SellUS$1,514,445	John Gibson	Individual	12,670	US$119.53
02 Jul 24	SellUS$5,533,561	Martin Mucci	Individual	47,348	US$116.87

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	US$5.3b	-1.06%	no data
8.71%	The Vanguard Group, Inc.	31,346,208	US$4.4b	0.95%	0.06%
8.53%	Capital Research and Management Company	30,722,235	US$4.3b	7.82%	0.2%
7.48%	BlackRock, Inc.	26,942,652	US$3.8b	-3.7%	0.06%
3.67%	State Street Global Advisors, Inc.	13,230,236	US$1.9b	0.46%	0.07%
2.65%	Charles Schwab Investment Management, Inc.	9,524,870	US$1.3b	3.77%	0.22%
2.62%	Wells Fargo & Company, Securities and Brokerage Investments	9,420,524	US$1.3b	-0.22%	0.4%
2.61%	Geode Capital Management, LLC	9,414,072	US$1.3b	2.07%	0.09%
1.57%	Walter Scott & Partners Limited	5,635,391	US$796.8m	-3.77%	1.71%
1.36%	BNY Asset Management	4,880,099	US$690.0m	-2.71%	0.12%
1.29%	UBS Asset Management AG	4,655,963	US$658.3m	-5.27%	0.06%
1.14%	Northern Trust Global Investments	4,112,903	US$581.5m	-4.73%	0.09%
1.11%	Managed Account Advisors LLC	3,983,752	US$563.3m	-2.36%	0.11%
0.96%	Invesco Capital Management LLC	3,443,986	US$486.9m	10.1%	0.19%
0.87%	Legal & General Investment Management Limited	3,143,544	US$444.5m	1.07%	0.08%
0.84%	JPMorgan Chase & Co, Brokerage and Securities Investments	3,041,743	US$430.1m	96.2%	0.18%
0.82%	Morgan Stanley, Investment Banking and Brokerage Investments	2,970,103	US$419.9m	16%	0.05%
0.78%	Fidelity International Ltd	2,815,397	US$398.1m	1.64%	0.17%
0.72%	Dimensional Fund Advisors LP	2,578,008	US$364.5m	9.41%	0.06%
0.64%	Columbia Management Investment Advisers, LLC	2,300,645	US$325.3m	4.85%	0.07%
0.62%	Envestnet Asset Management, Inc.	2,242,675	US$317.1m	-14.6%	0.1%
0.59%	TD Asset Management, Inc.	2,124,134	US$300.3m	1.02%	0.22%
0.58%	First Trust Advisors LP	2,101,844	US$297.2m	4.25%	0.24%
0.56%	Eaton Vance Management	2,007,154	US$283.8m	2.12%	0.06%
0.49%	Toronto-Dominion Bank, Banking Investments	1,764,740	US$249.5m	0.2%	0.37%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 04:04
End of Day Share Price	2024/12/26 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