Top 5 Gainers on Wednesday

4. Paycom Software, Inc. (NYSE:PAYC)

Number of Hedge Fund Holders: 49

Shares of Paycom Software, Inc. (NYSE:PAYC) jumped to a nearly four-month high this morning after the software company surpassed profit and sales expectations for the second quarter.

Paycom Software, Inc. (NYSE:PAYC) earned $1.26 per share on an adjusted basis, up from 97 cents per share in the same period last year. Revenue for the quarter climbed about 31 percent versus last year to $316.9 million. The results surpassed the consensus of $1.12 per share for earnings and $308.73 million for revenue.

Looking forward, Paycom Software, Inc. (NYSE:PAYC) anticipates revenue in the range of $327 – $329 million for the current quarter and between $1.354 – $1.356 billion for the full year.