rewrite this title and make it good for SEOPaychex (PAYX) Directors Buy 2,000 Shares in February Insider Trades

Paychex, Inc. (NASDAQ:PAYX) is one of the 12 Dividend Stocks With High Insider Buying.

On February 5, 2026, two top executives at Paychex, Inc. (NASDAQ:PAYX) made bold purchases. The company’s Director, Joseph Doody, acquired 1,000 shares of the company’s stock in a transaction valued at $98,760. Meanwhile, another Director, Tom Bonadio, also purchased 1,000 shares of Paychex, Inc. (NASDAQ:PAYX), in a transaction worth $98,490.

Prior to these purchases, on February 2, 2026, UBS analyst Kevin McVeigh reiterated a Hold rating on Paychex, Inc. (NASDAQ:PAYX), with a price target set at $110. And most recently, on February 10, 2026, William Blair analyst Andrew Nicholas also maintained a Hold rating on the stock.

Additionally, earlier this year, on January 16, 2026, the company announced receiving approval from the Board of Directors to repurchase $1 billion of the company’s common stock, effectively replacing the 2024 authorization of $400 million repurchase. Alongside this announcement, the company’s Board of Directors also declared the quarterly cash dividend of $1.08 per share to shareholders of record as of January 28, 2026. The dividend is payable on February 27, 2026.

Headquartered in New York, Paychex, Inc. (NASDAQ:PAYX) is a leading provider of human capital management solutions for small to medium-sized businesses. The company has been operating since 1971.

While we acknowledge the potential of PAYX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure. None.