Insider Selling: Paypal Holdings Inc (PYPL) CAO Sells 3,843 Shares of Stock

Paypal Holdings Inc (NASDAQ:PYPL) CAO Aaron Anderson sold 3,843 shares of the stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $77.98, for a total transaction of $299,677.14. Following the transaction, the chief accounting officer now owns 17,561 shares in the company, valued at $1,369,406.78. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Aaron Anderson also recently made the following trade(s):

  • On Friday, February 2nd, Aaron Anderson sold 9,367 shares of Paypal stock. The stock was sold at an average price of $77.84, for a total transaction of $729,127.28.

Shares of Paypal Holdings Inc (PYPL) opened at $76.51 on Thursday. 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 $92,484.33, a P/E ratio of 52.78, a PEG ratio of 2.46 and a beta of 1.18.

Paypal (NASDAQ:PYPL) last released its quarterly earnings results on Wednesday, January 31st. The credit services provider reported $0.55 earnings per share 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 business had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter last year, the company earned $0.42 earnings per share. The business’s quarterly revenue was up 25.6% compared to the same quarter last year. research analysts anticipate that Paypal Holdings Inc will post 1.75 earnings per share for the current fiscal year.

Hedge funds have recently added to or reduced their stakes in the company. Arcadia Investment Management Corp MI grew its position in shares of Paypal by 230.4% during the fourth 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 acquired a new stake in shares of Paypal during the fourth quarter worth approximately $106,000. Front Row Advisors LLC acquired a new stake in shares of Paypal during the fourth quarter worth approximately $111,000. Risk Paradigm Group LLC grew its position in shares of Paypal by 282.5% during the fourth quarter. Risk Paradigm Group LLC now owns 1,530 shares of the credit services provider’s stock worth $113,000 after buying an additional 1,130 shares in the last quarter. Finally, San Francisco Sentry Investment Group CA grew its position in shares of Paypal by 352.8% during the third 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. 82.48% of the stock is owned by institutional investors and hedge funds.

Several research analysts have recently weighed in on PYPL shares. Deutsche Bank increased their price objective on shares of Paypal to $88.00 and gave the stock a “buy” rating in a report on Friday, November 17th. Argus increased their price objective on shares of Paypal from $80.00 to $87.00 and gave the stock a “buy” rating in a report on Friday, November 17th. Citigroup reiterated a “buy” rating and set a $87.00 price objective on shares of Paypal in a report on Friday, November 17th. Vetr upgraded shares of Paypal from a “hold” rating to a “buy” rating and set a $76.80 price objective on the stock in a report on Tuesday, October 31st. Finally, Zacks Investment Research upgraded shares of Paypal from a “hold” rating to a “buy” rating and set a $80.00 price objective on the stock in a report on Thursday, October 26th. Nine analysts have rated the stock with a hold rating, thirty-four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $76.97.

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About Paypal

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.

Insider Buying and Selling by Quarter for Paypal (NASDAQ:PYPL)

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