Paypal Holdings Inc (PYPL) Insider Sells $183,768.87 in Stock

Paypal Holdings Inc (NASDAQ:PYPL) insider Gary J. Marino sold 2,017 shares of the firm’s stock in a transaction that occurred on Thursday, February 7th. The stock was sold at an average price of $91.11, for a total transaction of $183,768.87. Following the completion of the sale, the insider now directly owns 42,317 shares in the company, valued at $3,855,501.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of NASDAQ PYPL traded up $0.82 during trading on Monday, reaching $92.69. 6,394,368 shares of the stock were exchanged, compared to its average volume of 9,092,114. Paypal Holdings Inc has a twelve month low of $70.22 and a twelve month high of $94.58. The stock has a market cap of $107.78 billion, a P/E ratio of 51.78, a PEG ratio of 2.35 and a beta of 1.00.

Paypal (NASDAQ:PYPL) last posted its earnings results on Wednesday, January 30th. The credit services provider reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.02. Paypal had a net margin of 13.31% and a return on equity of 14.67%. The business had revenue of $4.23 billion for the quarter, compared to analysts’ expectations of $4.23 billion. During the same period in the previous year, the company posted $0.55 earnings per share. The business’s revenue for the quarter was up 13.0% compared to the same quarter last year. On average, equities analysts forecast that Paypal Holdings Inc will post 2.14 earnings per share for the current fiscal year.

Several research firms recently issued reports on PYPL. BidaskClub cut shares of Paypal from a “strong-buy” rating to a “buy” rating in a research report on Thursday. Zacks Investment Research raised shares of Paypal from a “hold” rating to a “buy” rating and set a $98.00 target price on the stock in a research report on Wednesday, October 24th. Craig Hallum reissued a “buy” rating and issued a $110.00 target price (up from $100.00) on shares of Paypal in a research report on Thursday, January 31st. Atlantic Securities cut shares of Paypal from an “overweight” rating to a “neutral” rating in a research report on Friday, February 1st. Finally, Loop Capital raised their target price on shares of Paypal to $86.00 and gave the stock a “hold” rating in a research report on Monday. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and twenty-six have issued a buy rating to the stock. Paypal currently has an average rating of “Buy” and an average target price of $96.93.

Several hedge funds and other institutional investors have recently bought and sold shares of PYPL. Oregon Public Employees Retirement Fund boosted its position in Paypal by 7,419.8% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 19,412,765 shares of the credit services provider’s stock worth $231,000 after purchasing an additional 19,154,611 shares during the period. Morgan Stanley lifted its position in shares of Paypal by 57.3% during the 3rd quarter. Morgan Stanley now owns 10,450,968 shares of the credit services provider’s stock valued at $918,012,000 after acquiring an additional 3,805,346 shares during the period. FMR LLC lifted its position in shares of Paypal by 4.2% during the 3rd quarter. FMR LLC now owns 80,780,079 shares of the credit services provider’s stock valued at $7,095,722,000 after acquiring an additional 3,283,378 shares during the period. Vanguard Group Inc lifted its position in shares of Paypal by 3.7% during the 3rd quarter. Vanguard Group Inc now owns 86,484,524 shares of the credit services provider’s stock valued at $7,596,801,000 after acquiring an additional 3,056,620 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of Paypal by 3.7% during the 3rd quarter. Vanguard Group Inc. now owns 86,484,524 shares of the credit services provider’s stock valued at $7,596,801,000 after acquiring an additional 3,056,620 shares during the period. 80.82% of the stock is currently owned by institutional investors and hedge funds.

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Paypal Company Profile

PayPal Holdings, Inc engages in the development of technology platform for digital payments. Its solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. It manages a two-sided proprietary global technology platform that links customers, which consist of both merchants and consumers, to facilitate the processing of payment transactions.

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Insider Buying and Selling by Quarter for Paypal (NASDAQ:PYPL)

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