NEW YORK, October 17, 2016 /PRNewswire/ --

Pre-market, Stock-Callers.com turns its attention to four Application Software equities: Paycom Software Inc. (NYSE: PAYC), Innoviva Inc. (NASDAQ: INVA), Manhattan Associates Inc. (NASDAQ: MANH), and Proofpoint Inc. (NASDAQ: PFPT). These companies belong to the Technology sector which outpaced the broader equity markets on Friday, October 14, 2016, with shares of tech companies in the S&P 500 climbing over 0.5%. Register now and get full and free access to our downloadable research reports on these stocks at:

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Paycom Software  

Last Friday, shares in Oklahoma City, Oklahoma headquartered Paycom Software Inc. ended the day 0.46% lower at $49.70. The stock recorded a trading volume of 318,558 shares. The Company's shares have advanced 1.76% in the last one month, 6.40% in the previous three months, and 32.08% since the start of this year. The stock is trading above its 200-day moving average by 23.43%. Furthermore, shares of Paycom Software, which provides cloud-based human capital management (HCM) software solutions delivered as-Software-as-a-Service for small to mid-sized companies in the US, have a Relative Strength Index (RSI) of 50.53.

On September 30th, 2016, research firm RBC Capital Markets initiated a 'Sector Perform' rating on the Company's stock, issuing a target price of $54 per share.

As per notes filed with the SEC on October 06th, 2016, the Board of Directors of Paycom Software approved and adopted on October 4th, 2016, new forms of award agreements for grants of restricted stock under the Paycom Software, Inc. 2014 Long-Term Incentive Plan to its chief executive officer, other named executive officers and non-executives, and non-sales employees. Access our complete research report on PAYC for free at:

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Innoviva  

South San Francisco, California headquartered Innoviva Inc.'s stock finished Friday's session 1.77% lower at $9.97 with a total trading volume of 342,843 shares. The Company's shares have gained 19.12% on an YTD basis. The stock is trading below its 50-day moving average by 12.68%. Moreover, shares of Innoviva, which engages in the development and commercialization of bio-pharmaceuticals, have an RSI of 29.70.

On September 06th, 2016, GlaxoSmithKline PLC and Innoviva announced the presentation of further data from the pivotal phase III FULFIL study with investigational closed triple combination therapy fluticasone furoate/umeclidinium/vilanterol in patients with chronic obstructive pulmonary disease. The study, which reported headline results in June 2016, met its two co-primary endpoints. At 24 weeks, there was a clinically meaningful and statistically significant (p<0.001) benefit for FF/UMEC/VI in both lung function, measured as mean change from baseline in trough FEV1 and health-related quality of life, measured as mean change from baseline in St George's Respiratory Questionnaire (SGRQ) total score. Additionally, the proportion of patients who responded with the minimum clinically important difference in SGRQ (-4 units) was 50% on closed triple and 41% on budesonide/formoterol. The complimentary research report on INVA can be downloaded at:

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Manhattan Associates  

Shares in Atlanta, Georgia headquartered Manhattan Associates Inc. ended the session 0.92% lower at $56.78. The stock recorded a trading volume of 894,718 shares, which was above its three months average volume of 605,040 shares. The Company's shares are trading below their 50-day moving average by 3.60%. Moreover, shares of Manhattan Associates, which develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers, and other organizations, have an RSI of 44.37.

On October 04th, 2016, Manhattan Associates announced that ID Logistics, a market leader in contract logistics services, has selected Manhattan's Warehouse Management Solution to help expand its business. While the investment will initially support the company's further penetration of the pharmaceuticals sector, ID Logistics expects the Manhattan solution will enable expansion into new business and geographical sectors. Register for free on Stock-Callers.com and get access to the latest PDF format report on MANH at:

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Proofpoint  

Sunnyvale, California headquartered Proofpoint Inc.'s shares recorded a trading volume of 613,167 shares, which was higher than their three months average volume of 589,100 shares. The stock closed 0.66% higher at $70.52. The Company's shares have advanced 5.25% in the previous three months and 8.48% on an YTD basis. The stock is trading 14.89% above its 200-day moving average. Additionally, shares of Proofpoint, which provides threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery, and secure communication solutions worldwide, have an RSI of 36.11.

On October 03rd, 2016, Proofpoint announced that it will report its financial results for Q3 2016 after the close of the market on October 20th, 2016. Proofpoint will host a conference call and live webcast to discuss those financial results for investors and analysts at 4:30 p.m. ET on October 20th, 2016. Download your free research report on PFPT at:

http://stock-callers.com/registration/?symbol=PFPT

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