Institutional net outflow of $5.66B in Q1 2026, with 753 sellers vs 741 buyers and 216 exits outpacing 123 new buys, shows clear distribution. The only insider transaction was a $383k sale by Joseph Tucci, with zero insider buying across both 30- and 90-day windows.

Confirmation

Additional insider selling or further institutional divestment in the upcoming quarter would confirm continued bearish pressure.

Invalidation Risk

A sudden pickup in insider buying or a reversal in institutional accumulation would invalidate this bearish view.

The above is AI-generated from public regulatory filings and summarizes historical data only. It is not investment advice and should not be used as the basis for any buy or sell decision.

Insider Trading (Form 4)

90d confidence

unique buyers

—

buy value

data as of 2026-07-16

12-Month Buy/Sell Activity

Apr 25

Jun 26

BuySell

操作	內部人	職稱	交易日	金額
賣出	Martin Mucci	Director	2026-07-14	$2.75M
賣出	TUCCI JOSEPH M	Insider	2026-06-26	$384K
買入	DOODY JOSEPH	Director	2026-02-04	$99K
買入	BONADIO TOM	Director	2026-02-04	$99K
賣出	Simmons Christopher C	VP, Controller & Treasurer	2025-07-16	$260K
賣出	Schrader Robert L.	Sr. VP, CFO	2025-07-16	$444K
賣出	Gibson John B	President and CEO	2025-07-16	$1.76M
賣出	Martin Mucci	Director	2025-07-10	$14.16M

View all insider trades →

Form 144 Pre-Sale Notices

Filings (90d)

$3.13M

Total Est. Value

29K shares

Planned Shares

Last Filed 2026-07-14

Filer	Title/Relationship	Filing Date	Planned Shares	Est. Value
MUCCI MARTIN	Director	2026-07-14	25K shares	$2.75M
TUCCI JOSEPH M	Director	2026-06-26	4K shares	$384K

Form 144 is a planned sale notice, not an executed transaction. Form 144 Tracker。

Beneficial Ownership (13D/13G)

No Schedule 13D/13G filings for this ticker

Material Events (8-K)

No Form 8-K filings for this ticker

FAQ

Who are the top institutional investors holding PAYCHEX INC (PAYX)?

Major stakeholders currently include Capital International Investors ($2.8B), BlackRock, Inc. ($2.6B), Vanguard Capital Management LLC ($1.9B). Based on the latest 13F filings, there are a total of 1505 tracked investment funds and institutions maintaining positions in PAYX.

What is the overall institutional sentiment toward PAYX recently?

Institutional sentiment appears Bearish (Net Selling). During the most recent reporting quarter, the stock experienced a net outflow of $5.7B, driven by 741 managers accumulating shares while 753 reduced their exposure.

Which institutions have been selling or reducing their PAYX positions?

In the latest period, 537 funds trimmed their holdings, and 216 managers completely exited their positions. The aggregate reported sell value was $14.4B.

Are there any notable investors adding PAYX to their portfolios?

Yes, buying activity remains notable. 123 institutions opened new positions in {ticker}, and 618 existing holders added to their shares. The total reported buy value for the quarter amounted to $13.8B.