NEOS Investment Management LLC Purchases 62,700 Shares of Paychex, Inc. $PAYX

NodeGuardian · 2026-02-24T06:35:21+00:00

NEOS Investment Management LLC raised its Paychex stake by 71% in Q3, adding 62,700 shares for a total of 150,981 shares worth $19.138 million. Other investors also adjusted positions, while analysts maintain a "Reduce" rating with a $123.94 target.

NodeGuardian

2026-02-24 06:35:21

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NEOS Investment Management LLC significantly increased its stake in Paychex, Inc. (NASDAQ:PAYX) by 71.0% in the third quarter, acquiring an additional 62,700 shares. This purchase brings their total holdings to 150,981 shares, valued at $19.138 million. Meanwhile, several other institutional investors also adjusted their positions in Paychex, and Wall Street analysts have issued various ratings and price targets, with a consensus “Reduce” rating and a target price of $123.94.

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