Paychex, Inc. (NASDAQ:PAYX) is one of the 12 Dividend Stocks With High Insider Buying.
On February 5, 2026, two top executives at Paychex, Inc. (NASDAQ:PAYX) made bold purchases. The company’s Director, Joseph Doody, acquired 1,000 shares of the company’s stock in a transaction valued at $98,760. Meanwhile, another Director, Tom Bonadio, also purchased 1,000 shares of Paychex, Inc. (NASDAQ:PAYX), in a transaction worth $98,490.
Prior to these purchases, on February 2, 2026, UBS analyst Kevin McVeigh reiterated a Hold rating on Paychex, Inc. (NASDAQ:PAYX), with a price target set at $110. And most recently, on February 10, 2026, William Blair analyst Andrew Nicholas also maintained a Hold rating on the stock.
Additionally, earlier this year, on January 16, 2026, the company announced receiving approval from the Board of Directors to repurchase $1 billion of the company’s common stock, effectively replacing the 2024 authorization of $400 million repurchase. Alongside this announcement, the company’s Board of Directors also declared the quarterly cash dividend of $1.08 per share to shareholders of record as of January 28, 2026. The dividend is payable on February 27, 2026.
Headquartered in New York, Paychex, Inc. (NASDAQ:PAYX) is a leading provider of human capital management solutions for small to medium-sized businesses. The company has been operating since 1971.
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