Traders sold shares of Paypal Holdings Inc (NASDAQ:PYPL) on strength during trading hours on Tuesday. $54.04 million flowed into the stock on the tick-up and $84.18 million flowed out of the stock on the tick-down, for a money net flow of $30.14 million out of the stock. Of all stocks tracked, Paypal had the 19th highest net out-flow for the day. Paypal traded up $0.38 for the day and closed at $74.27

A number of equities analysts have recently weighed in on the company. Susquehanna Bancshares reaffirmed a “positive” rating and set a $75.00 target price (up from $67.00) on shares of Paypal in a research report on Friday, September 29th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $66.00 target price on shares of Paypal in a research report on Wednesday, September 27th. Mizuho reaffirmed a “hold” rating and set a $50.00 target price on shares of Paypal in a research report on Sunday, October 15th. Robert W. Baird reiterated a “buy” rating and set a $65.00 price target on shares of Paypal in a report on Friday, September 29th. Finally, Guggenheim reiterated a “buy” rating and set a $72.00 price target (up previously from $67.00) on shares of Paypal in a report on Thursday, October 5th. Nine analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $74.04.

The firm has a market capitalization of $88,809.13, a P/E ratio of 57.57, a PEG ratio of 3.03 and a beta of 1.03.

Paypal (NASDAQ:PYPL) last announced its quarterly earnings data on Thursday, October 19th. The credit services provider reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. Paypal had a return on equity of 11.33% and a net margin of 12.69%. The firm had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the prior year, the company earned $0.35 EPS. The business’s revenue for the quarter was up 21.4% on a year-over-year basis. equities research analysts anticipate that Paypal Holdings Inc will post 1.37 EPS for the current year.

In other news, Director Rodney C. Adkins purchased 6,750 shares of the company’s stock in a transaction dated Friday, December 8th. The shares were purchased at an average price of $74.04 per share, with a total value of $499,770.00. Following the transaction, the director now directly owns 10,149 shares of the company’s stock, valued at $751,431.96. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 6.00% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently modified their holdings of the company. Apriem Advisors lifted its holdings in Paypal by 0.6% during the 2nd quarter. Apriem Advisors now owns 8,398 shares of the credit services provider’s stock worth $451,000 after purchasing an additional 52 shares in the last quarter. Westside Investment Management Inc. lifted its holdings in Paypal by 0.4% during the 2nd quarter. Westside Investment Management Inc. now owns 13,849 shares of the credit services provider’s stock worth $761,000 after purchasing an additional 60 shares in the last quarter. Sigma Planning Corp lifted its holdings in Paypal by 0.4% during the 2nd quarter. Sigma Planning Corp now owns 16,819 shares of the credit services provider’s stock worth $903,000 after purchasing an additional 74 shares in the last quarter. Train Babcock Advisors LLC lifted its holdings in Paypal by 1.6% during the 2nd quarter. Train Babcock Advisors LLC now owns 5,440 shares of the credit services provider’s stock worth $292,000 after purchasing an additional 86 shares in the last quarter. Finally, Calamos Wealth Management LLC lifted its holdings in Paypal by 0.3% during the 2nd quarter. Calamos Wealth Management LLC now owns 38,860 shares of the credit services provider’s stock worth $2,086,000 after purchasing an additional 98 shares in the last quarter. 80.73% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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