Traders sold shares of Paypal Holdings Inc (NASDAQ:PYPL) on strength during trading hours on Thursday. $100.54 million flowed into the stock on the tick-up and $188.20 million flowed out of the stock on the tick-down, for a money net flow of $87.66 million out of the stock. Of all equities tracked, Paypal had the 0th highest net out-flow for the day. Paypal traded up $0.47 for the day and closed at $82.94

Several analysts have recently commented on PYPL shares. Zacks Investment Research lowered Paypal from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th. Sanford C. Bernstein reiterated an “outperform” rating and set a $66.00 price objective on shares of Paypal in a report on Wednesday, September 27th. Susquehanna Bancshares reiterated a “positive” rating and set a $75.00 price objective (up previously from $67.00) on shares of Paypal in a report on Friday, September 29th. Robert W. Baird reiterated a “buy” rating and set a $65.00 price objective on shares of Paypal in a report on Friday, September 29th. Finally, Buckingham Research started coverage on Paypal in a report on Monday, October 2nd. They set a “buy” rating and a $74.00 price objective for the company. Ten equities research analysts have rated the stock with a hold rating, thirty-three have given a buy rating and one has issued a strong buy rating to the company. Paypal currently has an average rating of “Buy” and an average price target of $76.55.

The firm has a market cap of $101,860.00 and a price-to-earnings ratio of 65.50.

Paypal (NASDAQ:PYPL) last posted its quarterly earnings data on Thursday, October 19th. The credit services provider reported $0.46 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.03. Paypal had a return on equity of 11.33% and a net margin of 12.69%. The company had revenue of $3.24 billion for the quarter, compared to analysts’ expectations of $3.18 billion. During the same period in the previous year, the firm posted $0.35 EPS. Paypal’s revenue was up 21.4% compared to the same quarter last year. sell-side analysts predict that Paypal Holdings Inc will post 1.37 earnings per share for the current year.

In other news, Director Rodney C. Adkins acquired 6,750 shares of the stock in a transaction that occurred on Friday, December 8th. The shares were bought at an average cost of $74.04 per share, for a total transaction of $499,770.00. Following the acquisition, the director now owns 10,149 shares in the company, valued at approximately $751,431.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 6.00% of the company’s stock.

A number of hedge funds have recently bought and sold shares of PYPL. FMR LLC boosted its holdings in shares of Paypal by 36.1% during the 2nd quarter. FMR LLC now owns 82,268,871 shares of the credit services provider’s stock worth $4,415,371,000 after purchasing an additional 21,814,940 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Paypal by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 77,758,731 shares of the credit services provider’s stock worth $4,173,311,000 after purchasing an additional 2,115,017 shares during the last quarter. BlackRock Inc. boosted its holdings in shares of Paypal by 4.7% during the 2nd quarter. BlackRock Inc. now owns 62,938,949 shares of the credit services provider’s stock worth $3,377,936,000 after purchasing an additional 2,835,027 shares during the last quarter. Fundsmith LLP boosted its holdings in shares of Paypal by 6.8% during the 2nd quarter. Fundsmith LLP now owns 14,051,261 shares of the credit services provider’s stock worth $754,131,000 after purchasing an additional 889,976 shares during the last quarter. Finally, TIAA CREF Investment Management LLC boosted its holdings in shares of Paypal by 0.7% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 12,608,026 shares of the credit services provider’s stock worth $676,673,000 after purchasing an additional 84,888 shares during the last quarter. Institutional investors own 81.90% of the company’s stock.

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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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