Traders sold shares of Paypal Holdings Inc. (NASDAQ:PYPL) on strength during trading on Thursday. $68.96 million flowed into the stock on the tick-up and $81.18 million flowed out of the stock on the tick-down, for a money net flow of $12.22 million out of the stock. Of all companies tracked, Paypal Holdings had the 0th highest net out-flow for the day. Paypal Holdings traded up $0.08 for the day and closed at $40.13

Several equities analysts recently issued reports on PYPL shares. Vetr cut Paypal Holdings from a “strong-buy” rating to a “buy” rating and set a $44.00 price objective on the stock. in a research report on Monday, April 4th. Credit Suisse Group AG reaffirmed a “buy” rating and issued a $39.00 price objective on shares of Paypal Holdings in a research report on Friday, April 1st. Nomura Holdings Inc. reaffirmed a “buy” rating and issued a $54.00 price objective on shares of Paypal Holdings in a research report on Thursday, March 31st. Goldman Sachs Group Inc. reaffirmed a “buy” rating and issued a $46.00 price objective on shares of Paypal Holdings in a research report on Monday, March 28th. Finally, SunTrust Banks Inc. reaffirmed a “buy” rating and issued a $38.00 price objective on shares of Paypal Holdings in a research report on Monday, March 28th. Four research analysts have rated the stock with a sell rating, fourteen have given a hold rating and twenty-five have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $43.25.

The company has a 50-day moving average price of $37.34 and a 200 day moving average price of $37.31. The company has a market cap of $47.79 billion and a price-to-earnings ratio of 36.82.

Paypal Holdings (NASDAQ:PYPL) last released its earnings results on Thursday, July 21st. The company reported $0.36 EPS for the quarter, hitting analysts’ consensus estimates of $0.36. The company had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.60 billion. During the same period in the prior year, the firm earned $0.32 EPS. On average, equities research analysts anticipate that Paypal Holdings Inc. will post $1.49 EPS for the current year.

Several hedge funds recently added to or reduced their stakes in the company. Vanguard Group Inc. bought a new stake in Paypal Holdings during the fourth quarter worth approximately $2,420,712,000. Condor Capital Management bought a new stake in Paypal Holdings during the fourth quarter worth approximately $1,825,000. Morningstar Investment Services LLC bought a new stake in Paypal Holdings during the fourth quarter worth approximately $14,100,000. Morgan Stanley boosted its stake in Paypal Holdings by 11.1% in the fourth quarter. Morgan Stanley now owns 6,984,101 shares of the company’s stock worth $252,826,000 after buying an additional 698,915 shares in the last quarter. Finally, Parsons Capital Management Inc. RI bought a new stake in Paypal Holdings during the fourth quarter worth approximately $1,142,000.

PayPal Holdings, Inc (PayPal) is a technology platform company, which enables digital and mobile payments on behalf of consumers and merchants around the world. The Company focuses on its consumers, merchants, friends and family to access and move their money through its platform using various devices, such as mobile, tablets, personal computers and wearables.

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