Investors sold shares of Paypal Holdings Inc (NASDAQ:PYPL) on strength during trading hours on Thursday. $108.31 million flowed into the stock on the tick-up and $161.67 million flowed out of the stock on the tick-down, for a money net flow of $53.36 million out of the stock. Of all companies tracked, Paypal had the 0th highest net out-flow for the day. Paypal traded up $0.81 for the day and closed at $89.04

A number of research firms have weighed in on PYPL. Robert W. Baird upped their price objective on shares of Paypal from $88.00 to $96.00 and gave the stock an “outperform” rating in a research report on Thursday, July 26th. Stephens restated a “buy” rating and set a $91.00 price objective on shares of Paypal in a research report on Friday, July 13th. Oppenheimer upped their price objective on shares of Paypal from $90.00 to $95.00 and gave the stock an “outperform” rating in a research report on Thursday, July 26th. Cantor Fitzgerald upped their price objective on shares of Paypal to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, July 26th. Finally, Compass Point restated a “hold” rating and set a $95.00 price objective on shares of Paypal in a research report on Tuesday, July 31st. Seven equities research analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $93.93.

The stock has a market cap of $103.97 billion, a P/E ratio of 51.60, a PEG ratio of 2.77 and a beta of 1.23.

Paypal (NASDAQ:PYPL) last announced its quarterly earnings data on Thursday, October 18th. The credit services provider reported $0.58 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.04. Paypal had a net margin of 13.98% and a return on equity of 13.60%. The firm had revenue of $3.68 billion during the quarter, compared to analyst estimates of $3.66 billion. During the same quarter in the prior year, the firm posted $0.46 earnings per share. Paypal’s quarterly revenue was up 13.7% on a year-over-year basis. Equities analysts predict that Paypal Holdings Inc will post 1.79 earnings per share for the current fiscal year.

In related news, insider Gary J. Marino sold 1,009 shares of the company’s stock in a transaction dated Wednesday, November 7th. The shares were sold at an average price of $85.90, for a total value of $86,673.10. Following the completion of the sale, the insider now owns 41,309 shares of the company’s stock, valued at $3,548,443.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Jonathan Auerbach sold 4,684 shares of the company’s stock in a transaction dated Friday, October 26th. The shares were sold at an average price of $83.81, for a total transaction of $392,566.04. Following the completion of the sale, the executive vice president now directly owns 97,433 shares of the company’s stock, valued at approximately $8,165,859.73. The disclosure for this sale can be found here. Insiders sold 379,755 shares of company stock valued at $32,034,580 in the last three months. 0.20% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Itau Unibanco Holding S.A. boosted its stake in Paypal by 50.8% during the second quarter. Itau Unibanco Holding S.A. now owns 1,722 shares of the credit services provider’s stock worth $142,000 after buying an additional 580 shares during the period. M&R Capital Management Inc. boosted its stake in Paypal by 10.5% during the second quarter. M&R Capital Management Inc. now owns 6,180 shares of the credit services provider’s stock worth $514,000 after buying an additional 585 shares during the period. Asset Dedication LLC boosted its stake in Paypal by 11.1% during the third quarter. Asset Dedication LLC now owns 5,858 shares of the credit services provider’s stock worth $517,000 after buying an additional 586 shares during the period. Twin Capital Management Inc. boosted its stake in Paypal by 1.0% during the second quarter. Twin Capital Management Inc. now owns 58,010 shares of the credit services provider’s stock worth $4,830,000 after buying an additional 600 shares during the period. Finally, Columbia Asset Management boosted its stake in Paypal by 4.4% during the third quarter. Columbia Asset Management now owns 14,402 shares of the credit services provider’s stock worth $1,265,000 after buying an additional 607 shares during the period. 79.81% of the stock is owned by hedge funds and other institutional investors.

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Paypal Company Profile (NASDAQ:PYPL)

PayPal Holdings, Inc operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. The company's platform allows consumers to shop by sending payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

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