14 Tech Stocks to Sell Now According to Ken Fisher

Page 8 of 12

5. Paylocity Holding Corporation (NASDAQ:PCTY)

Percentage of stake sold by Fisher Asset Management in Q2 2025: 93%

Fisher Asset Management’s Q2 Stake Value: $1,316,888

Number of Hedge Fund Holders: 44

Paylocity Holding Corporation (NASDAQ:PCTY) is one of the 14 Tech Stocks to Sell Now According to Ken Fisher.

On August 22, 2025, Citizens JMP reaffirmed its ‘Market Outperform’ rating with a $270 price target on Paylocity Holding Corporation (NASDAQ:PCTY). The investment firm expressed confidence despite the company’s 12% year-to-date decline and competitive shifts, including Thoma Bravo’s $12.3 billion Dayforce acquisition. Furthermore, Citizens JMP cited the company’s strong market position and growth potential.

Meanwhile, on September 2, 2025, Paylocity Holding Corporation (NASDAQ:PCTY) announced a multi-year sponsorship with the Chicago Bulls. This sponsorship makes PCTY the team’s Official HCM Software Partner. With this collaboration, the company will streamline HR and payroll operations for the Bulls while also fueling community engagement through programs like an all-girls youth basketball clinic.

Paylocity Holding Corporation (NASDAQ:PCTY) automates processes, enhances workplace culture, and helps businesses attract, retain, and empower employees with its cloud-based HR, finance, and IT solutions. It is one of the stocks to sell.

Page 8 of 12