Paypal Holdings Inc. (NASDAQ:PYPL)’s share price fell 7.1% on Friday . The stock traded as low as $36.43 and last traded at $37.30, with a volume of 25,561,747 shares trading hands. The stock had previously closed at $40.13.

Several research analysts have recently weighed in on the company. Compass Point began coverage on Paypal Holdings in a report on Friday, April 15th. They issued a “neutral” rating and a $40.00 price objective on the stock. Credit Suisse Group AG restated a “buy” rating and set a $39.00 price target on shares of Paypal Holdings in a research note on Friday, April 1st. Vetr upgraded Paypal Holdings from a “buy” rating to a “strong-buy” rating and set a $44.19 price target on the stock in a research note on Tuesday, April 5th. Piper Jaffray Cos. restated a “sell” rating and set a $34.00 price target on shares of Paypal Holdings in a research note on Wednesday, May 18th. Finally, Goldman Sachs Group Inc. restated a “buy” rating and set a $46.00 price target on shares of Paypal Holdings in a research note on Monday, March 28th. Four research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty-five have given a buy rating to the company’s stock. Paypal Holdings currently has a consensus rating of “Hold” and an average price target of $43.30.

The firm’s 50-day moving average is $37.30 and its 200-day moving average is $37.33. The firm has a market cap of $44.57 billion and a price-to-earnings ratio of 34.33.

Paypal Holdings (NASDAQ:PYPL) last issued its earnings results on Thursday, July 21st. The company reported $0.36 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.36. During the same quarter in the previous year, the firm posted $0.32 earnings per share. The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.60 billion. Equities research analysts forecast that Paypal Holdings Inc. will post $1.49 earnings per share for the current fiscal year.

A number of large investors have recently bought and sold shares of PYPL. Vanguard Group Inc. purchased a new stake in Paypal Holdings during the fourth quarter valued at $2,420,712,000. Condor Capital Management purchased a new stake in Paypal Holdings during the fourth quarter valued at $1,825,000. Morningstar Investment Services LLC purchased a new stake in Paypal Holdings during the fourth quarter valued at $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 valued at $252,826,000 after buying an additional 698,915 shares in the last quarter. Finally, Parsons Capital Management Inc. RI purchased a new stake in Paypal Holdings during the fourth quarter valued at $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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