PAYC shares are sharply off today, yet trade at 20x calendar year 2023 cash from operations, which we estimate at $450 million. That is a steep multiple for a company that is growing its topline at 10-15% and is likely to see growth further slow in 2024. In addition, I am not a fan of … Continue reading We Still Don’t Like PAYC.
When a company Founder & CEO whom owns 14% of the company's equity pays himself $211 million (the approximate equivalent of one quarter's revenue), it sends the wrong message to the management team and employees (not to mention shareholders). Perhaps if Paycom Software (ticker: PAYC) were doubling Revenues and EBITDA each year for five or … Continue reading CEO Compensation Ought To Tightly Align With Company Performance
We selected 62 companies from our CEORater database - primarily Technology companies - to understand which companies had the most insider buying and selling activity during Q2. We then sorted those companies such that the top of the list consists of companies with the most Q2 insider sales activity. Click the image below to access … Continue reading Q2’20 Insider Sales Activity