Traders sold shares of Paypal Holdings Inc. (NASDAQ:PYPL) on strength during trading hours on Monday. $51.26 million flowed into the stock on the tick-up and $223.61 million flowed out of the stock on the tick-down, for a money net flow of $172.35 million out of the stock. Of all stocks tracked, Paypal Holdings had the highest net out-flow for the day. Paypal Holdings traded up $0.02 for the day and closed at $38.11

Several equities research analysts have recently weighed in on PYPL shares. Piper Jaffray Cos. reissued a “sell” rating and set a $34.00 price objective on shares of Paypal Holdings in a research note on Wednesday, May 18th. Zacks Investment Research lowered Paypal Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 12th. Vetr lowered Paypal Holdings from a “strong-buy” rating to a “buy” rating and set a $40.53 price objective for the company. in a research note on Monday, July 11th. Citigroup Inc. reissued a “buy” rating and set a $46.00 price objective on shares of Paypal Holdings in a research note on Monday, July 18th. Finally, Pacific Crest reissued a “hold” rating on shares of Paypal Holdings in a research note on Friday, July 22nd. Three equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and twenty-two have given a buy rating to the stock. Paypal Holdings presently has a consensus rating of “Hold” and a consensus target price of $43.32.

The firm’s 50 day moving average price is $38.00 and its 200-day moving average price is $38.01. The company has a market cap of $45.05 billion and a P/E ratio of 34.65.

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

In related news, SVP Tomer Barel sold 5,862 shares of the stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $37.21, for a total transaction of $218,125.02. Following the sale, the senior vice president now owns 27,017 shares in the company, valued at approximately $1,005,302.57. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP William J. Ready sold 48,963 shares of the stock in a transaction that occurred on Friday, August 5th. The stock was sold at an average price of $38.00, for a total transaction of $1,860,594.00. Following the sale, the senior vice president now owns 56,943 shares in the company, valued at approximately $2,163,834. The disclosure for this sale can be found here.

Several hedge funds have recently bought and sold shares of PYPL. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Paypal Holdings during the fourth quarter valued at about $1,263,000. Calvert Investment Management Inc. purchased a new stake in Paypal Holdings during the fourth quarter valued at about $2,160,000. Birch Hill Investment Advisors LLC purchased a new stake in Paypal Holdings during the fourth quarter valued at about $2,311,000. State of New Jersey Common Pension Fund D purchased a new stake in Paypal Holdings during the fourth quarter valued at about $4,344,000. Finally, State of Tennessee Treasury Department purchased a new stake in Paypal Holdings during the fourth quarter valued at about $6,389,000.

PayPal Holdings, Inc (PayPal) is a technology platform company that enables digital and mobile payments on behalf of consumers and merchants across the world. The Company allows businesses of all sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions.

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