Steven I.  Sarowitz net worth and biography

Steven Sarowitz Biography and Net Worth

Director of Paylocity
When Steve founded Paylocity in 1997, his goal was to fill a gap in the marketplace by providing a solution with in-house like technology supported by the service and liability protection of an outsourcing solution. Steve's vision, combined with his passion for software development, led to the first release of Paylocity's award winning SAAS platform in 2002.

Prior to founding Paylocity, Steve worked at Robert F. White, which was then the nation's leading independent payroll service. He later managed two privately-held payroll companies. Steve’s 20 years of experience working in the industry with both large and small providers helped him mold Paylocity into a best-in-breed provider.

A Sierra member since college, he takes environmental issues seriously. Aside from helping to develop a paperless payroll solution (Web Pay), Steve instituted a "Green Team" within the company. Additionally, prior to moving to our current corporate headquarters, he worked with the architects to ensure every possible environmentally safe effort was taken.

Passionate about giving back to the community, Paylocity participates in many local events; being an avid runner, Steve's probable favorite event is the annual J.P. Morgan Chase Corporate Challenge, where he’s a three-time winner in the MSE (Most Senior Executive) category!

Steve formerly served as President to the Independent Payroll Providers Association (IPPA) and holds a Bachelor's degree in Economics from the University of Illinois at Urbana.

What is Steven I. Sarowitz's net worth?

The estimated net worth of Steven I. Sarowitz is at least $1.66 billion as of December 30th, 2024. Mr. Sarowitz owns 8,332,347 shares of Paylocity stock worth more than $1,660,053,493 as of January 5th. This net worth evaluation does not reflect any other investments that Mr. Sarowitz may own. Learn More about Steven I. Sarowitz's net worth.

How do I contact Steven I. Sarowitz?

The corporate mailing address for Mr. Sarowitz and other Paylocity executives is 1400 AMERICAN LANE, SCHAUMBURG IL, 60173. Paylocity can also be reached via phone at (847) 463-3200 and via email at investors@paylocity.com. Learn More on Steven I. Sarowitz's contact information.

Has Steven I. Sarowitz been buying or selling shares of Paylocity?

Steven I. Sarowitz has not been actively trading shares of Paylocity in the last ninety days. Most recently, Steven I. Sarowitz sold 2,600 shares of the business's stock in a transaction on Monday, December 30th. The shares were sold at an average price of $200.14, for a transaction totalling $520,364.00. Following the completion of the sale, the director now directly owns 8,332,347 shares of the company's stock, valued at $1,667,635,928.58. Learn More on Steven I. Sarowitz's trading history.

Who are Paylocity's active insiders?

Paylocity's insider roster includes Steven Beauchamp (Executive Chairman of the Board), Andrew Cappotelli (CAO), Jeffrey Diehl (Director), Edward Gaty (SVP), Ryan Glenn (CFO), Michael Haske (COO), Mark Kinsey (SVP), Rachit Lohani (CTO), Robin Pederson (Director), Kenneth Robinson (Director), Nicholas Rost (CAO), Steven Sarowitz (Director), Joshua Scutt (SVP), Ronald Waters (Director), and Toby Williams (CFO). Learn More on Paylocity's active insiders.

Are insiders buying or selling shares of Paylocity?

In the last year, insiders at the software maker sold shares 34 times. They sold a total of 265,396 shares worth more than $48,761,903.92. The most recent insider tranaction occured on December, 30th when Director Steven I Sarowitz sold 2,600 shares worth more than $520,364.00. Insiders at Paylocity own 21.9% of the company. Learn More about insider trades at Paylocity.

Information on this page was last updated on 12/30/2024.

Steven I. Sarowitz Insider Trading History at Paylocity

Steven I. Sarowitz Buying and Selling Activity at Paylocity

This chart shows Steven I Sarowitz's buying and selling at Paylocity by year and by quarter.

Skip ChartChart Data in Insider Trading History Table
2022202320242025$0bought$0soldQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1-$20M$0$20MTotal Insider BuyingTotal Insider Selling

Paylocity Company Overview

Paylocity logo
Paylocity Holding Corporation engages in the provision of cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers payroll software solution for global payroll, expense management, tax services, on demand payment, and garnishment managed services; and time and labor management software for time and attendance, scheduling, and time collection. It also provides human resources (HR) software solutions for employee self-service, compliance, HR edge, data analytics, and workflows and documents, as well as human resource management system; talent management system for recruiting, onboarding, performance, compensation, and learning; and benefits administration software. In addition, the company offers employee experience platform for community, employee voice, recognition and rewards, video, and modern workforce index; HR reporting software; and mobile HR solutions. Further, it provides implementation and training, client, and tax and regulatory services. The company serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. It sells its products through sales representatives. The company was founded in 1997 and is headquartered in Schaumburg, Illinois.
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Today's Range

Now: $199.23
Low: $195.17
High: $199.34

50 Day Range

MA: $200.99
Low: $175.13
High: $213.79

2 Week Range

Now: $199.23
Low: $129.94
High: $215.68

Volume

215,840 shs

Average Volume

228,820 shs

Market Capitalization

$11.11 billion

P/E Ratio

50.95

Dividend Yield

N/A

Beta

0.93