Paypal Holdings Inc. (NASDAQ:PYPL) has received a consensus rating of “Hold” from the forty-one research firms that are covering the company. Three analysts have rated the stock with a sell recommendation, eighteen have assigned a hold recommendation and twenty have issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $43.30.

PYPL has been the subject of a number of analyst reports. Vetr lowered shares of Paypal Holdings from a “strong-buy” rating to a “buy” rating and set a $42.57 price objective for the company. in a report on Monday, May 23rd. William Blair reissued a “buy” rating on shares of Paypal Holdings in a report on Tuesday, May 24th. Needham & Company LLC initiated coverage on shares of Paypal Holdings in a report on Thursday, May 26th. They issued a “hold” rating for the company. Nomura initiated coverage on shares of Paypal Holdings in a report on Thursday, May 26th. They issued a “hold” rating for the company. Finally, Pacific Crest reissued a “hold” rating on shares of Paypal Holdings in a report on Thursday, June 2nd.

Paypal Holdings (NASDAQ:PYPL) traded down 0.437% during midday trading on Tuesday, hitting $39.835. 2,996,886 shares of the stock traded hands. The company’s 50-day moving average is $38.15 and its 200 day moving average is $38.34. Paypal Holdings has a 12-month low of $30.30 and a 12-month high of $41.75. The firm has a market cap of $47.08 billion, a P/E ratio of 36.214 and a beta of 1.13.

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Paypal Holdings (NASDAQ:PYPL) last released 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. Paypal Holdings had a net margin of 13.55% and a return on equity of 10.60%. The business earned $2.65 billion during the quarter, compared to analyst estimates of $2.60 billion. During the same quarter in the prior year, the firm earned $0.32 earnings per share. On average, analysts anticipate that Paypal Holdings will post $1.50 EPS for the current fiscal year.

In other news, SVP Tomer Barel sold 5,862 shares of Paypal Holdings stock in a transaction on Thursday, July 28th. The stock was sold at an average price of $37.21, for a total transaction of $218,125.02. Following the completion of the transaction, the senior vice president now owns 27,017 shares of the company’s stock, valued at approximately $1,005,302.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP William J. Ready sold 48,963 shares of Paypal Holdings stock in a transaction on Friday, August 5th. The stock was sold at an average price of $38.00, for a total value of $1,860,594.00. Following the transaction, the senior vice president now directly owns 56,943 shares of the company’s stock, valued at approximately $2,163,834. The disclosure for this sale can be found here. Insiders own 7.00% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rehmann Capital Advisory Group increased its position in Paypal Holdings by 1.1% in the first quarter. Rehmann Capital Advisory Group now owns 7,730 shares of the company’s stock valued at $298,000 after buying an additional 84 shares during the period. Assetmark Inc. increased its position in Paypal Holdings by 2.5% in the second quarter. Assetmark Inc. now owns 3,548 shares of the company’s stock valued at $130,000 after buying an additional 88 shares during the period. Quadrant Capital Management LLC increased its position in Paypal Holdings by 0.3% in the second quarter. Quadrant Capital Management LLC now owns 27,968 shares of the company’s stock valued at $1,021,000 after buying an additional 90 shares during the period. Parsons Capital Management Inc. RI increased its position in Paypal Holdings by 0.3% in the second quarter. Parsons Capital Management Inc. RI now owns 32,090 shares of the company’s stock valued at $1,172,000 after buying an additional 92 shares during the period. Finally, Trust Co. of Vermont increased its position in Paypal Holdings by 0.7% in the second quarter. Trust Co. of Vermont now owns 14,613 shares of the company’s stock valued at $534,000 after buying an additional 106 shares during the period. 78.89% of the stock is owned by institutional investors and hedge funds.

Paypal Holdings Company Profile

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.

5 Day Chart for NASDAQ:PYPL

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