Paychex (PAYX) Directors Buy 2,000 Shares in February Insider Trades

Core Insights - Paychex, Inc. (NASDAQ:PAYX) is highlighted as one of the 12 dividend stocks with significant insider buying activity [1] Insider Transactions - On February 5, 2026, two directors of Paychex, Joseph Doody and Tom Bonadio, each purchased 1,000 shares of the company's stock, valued at $98,760 and $98,490 respectively [2] Analyst Ratings - UBS analyst Kevin McVeigh reiterated a Hold rating on Paychex with a price target of $110 on February 2, 2026. William Blair analyst Andrew Nicholas also maintained a Hold rating on February 10, 2026 [3] Stock Repurchase and Dividend Announcement - On January 16, 2026, Paychex's Board of Directors approved a stock repurchase program of $1 billion, replacing the previous authorization of $400 million. Additionally, a quarterly cash dividend of $1.08 per share was declared, payable on February 27, 2026, to shareholders of record as of January 28, 2026 [4] Company Overview - Paychex, Inc., headquartered in New York, is a leading provider of human capital management solutions for small to medium-sized businesses and has been in operation since 1971 [5]