PayPal Holdings, Inc. (NASDAQ:PYPL – Get Free Report) insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $59.84, for a total value of $249,054.08. Following the completion of the sale, the insider directly owned 30,983 shares of the company’s stock, valued at approximately $1,854,022.72. This trade represents a 11.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Suzan Kereere also recently made the following trade(s):
- On Monday, November 3rd, Suzan Kereere sold 12,500 shares of PayPal stock. The stock was sold at an average price of $68.87, for a total transaction of $860,875.00.
- On Thursday, October 30th, Suzan Kereere sold 5,000 shares of PayPal stock. The stock was sold at an average price of $69.52, for a total value of $347,600.00.
PayPal Trading Down 3.3%
NASDAQ:PYPL traded down $2.01 on Thursday, reaching $58.10. The company’s stock had a trading volume of 20,886,199 shares, compared to its average volume of 12,380,694. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The business’s 50-day moving average price is $68.05 and its two-hundred day moving average price is $70.29. The firm has a market cap of $54.36 billion, a PE ratio of 11.64, a PEG ratio of 0.82 and a beta of 1.45. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34.
PayPal Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Wednesday, November 19th.
Wall Street Analysts Forecast Growth
PYPL has been the subject of several research reports. UBS Group raised their price target on shares of PayPal from $75.00 to $80.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. KeyCorp reissued a “hold” rating on shares of PayPal in a report on Wednesday, October 22nd. Wall Street Zen upgraded shares of PayPal from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Truist Financial raised their target price on shares of PayPal from $65.00 to $66.00 and gave the company a “sell” rating in a report on Tuesday, November 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of PayPal in a research report on Wednesday, October 8th. Fifteen investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, PayPal currently has a consensus rating of “Hold” and a consensus price target of $82.56.
Check Out Our Latest Research Report on PayPal
Institutional Trading of PayPal
Institutional investors have recently bought and sold shares of the company. Hilltop National Bank bought a new stake in shares of PayPal in the 2nd quarter valued at $27,000. MUFG Securities EMEA plc increased its stake in PayPal by 100.4% in the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock valued at $29,000 after buying an additional 87,524 shares during the last quarter. Evermay Wealth Management LLC grew its stake in PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $27,000 after purchasing an additional 363 shares during the period. Kelleher Financial Advisors purchased a new stake in PayPal during the third quarter worth about $30,000. Finally, Cloud Capital Management LLC bought a new stake in shares of PayPal in the 3rd quarter worth approximately $30,000. Institutional investors own 68.32% of the company’s stock.
PayPal Company Profile
PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.
Further Reading
- Five stocks we like better than PayPal
- What is the NASDAQ Stock Exchange?
- Datavault AI Just Raised Guidance by 400%—Are You Paying Attention?
- 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
- Peter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop?
- Basic Materials Stocks Investing
- Why Lithium Americas Could Be a 2030 Power Play—Not a 2025 One
Receive News & Ratings for PayPal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal and related companies with MarketBeat.com's FREE daily email newsletter.
