Paypal Holdings Inc (NASDAQ:PYPL) CAO Aaron Anderson sold 3,843 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $77.98, for a total transaction of $299,677.14. Following the completion of the transaction, the chief accounting officer now owns 17,561 shares of the company’s stock, valued at $1,369,406.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Aaron Anderson also recently made the following trade(s):
- On Friday, February 2nd, Aaron Anderson sold 9,367 shares of Paypal stock. The shares were sold at an average price of $77.84, for a total transaction of $729,127.28.
Paypal Holdings Inc (NASDAQ:PYPL) traded down $1.31 during trading on Tuesday, reaching $77.06. 6,865,442 shares of the company were exchanged, compared to its average volume of 11,500,000. Paypal Holdings Inc has a 1 year low of $41.74 and a 1 year high of $86.32. The firm has a market cap of $92,620.00 and a price-to-earnings ratio of 47.57.
Paypal (NASDAQ:PYPL) last posted its quarterly earnings data on Wednesday, January 31st. The credit services provider reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.03. Paypal had a net margin of 13.71% and a return on equity of 11.59%. The firm had revenue of $3.74 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same quarter last year, the business posted $0.42 EPS. The company’s revenue was up 25.6% on a year-over-year basis. research analysts expect that Paypal Holdings Inc will post 1.75 earnings per share for the current year.
Hedge funds have recently added to or reduced their stakes in the business. San Francisco Sentry Investment Group CA lifted its position in Paypal by 352.8% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 1,562 shares of the credit services provider’s stock worth $100,000 after buying an additional 1,217 shares in the last quarter. Arcadia Investment Management Corp MI lifted its position in Paypal by 230.4% in the 4th quarter. Arcadia Investment Management Corp MI now owns 1,434 shares of the credit services provider’s stock worth $106,000 after buying an additional 1,000 shares in the last quarter. Truewealth LLC purchased a new stake in Paypal in the 4th quarter worth approximately $106,000. Front Row Advisors LLC purchased a new stake in Paypal in the 4th quarter worth approximately $111,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Paypal in the 3rd quarter worth approximately $113,000. Institutional investors own 82.48% of the company’s stock.
Several research analysts have recently issued reports on the stock. Craig Hallum set a $93.00 price objective on shares of Paypal and gave the company a “buy” rating in a report on Monday, November 20th. Jefferies Group increased their price objective on shares of Paypal from $86.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, January 18th. Stifel Nicolaus increased their price objective on shares of Paypal from $77.00 to $79.00 and gave the company a “hold” rating in a report on Thursday, February 1st. Vetr upgraded shares of Paypal from a “hold” rating to a “buy” rating and set a $86.65 price objective for the company in a report on Thursday, February 1st. Finally, Credit Suisse Group reiterated a “buy” rating and issued a $85.00 price objective on shares of Paypal in a report on Tuesday, December 5th. Nine investment analysts have rated the stock with a hold rating, thirty-four have assigned a buy rating and one has given a strong buy rating to the company. Paypal has an average rating of “Buy” and a consensus price target of $76.97.
Paypal Company Profile
PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.
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