Traders sold shares of Paypal Holdings Inc (NASDAQ:PYPL) on strength during trading hours on Friday. $259.26 million flowed into the stock on the tick-up and $1,101.67 million flowed out of the stock on the tick-down, for a money net flow of $842.41 million out of the stock. Of all equities tracked, Paypal had the 0th highest net out-flow for the day. Paypal traded up $0.02 for the day and closed at $90.62

Several equities analysts have recently issued reports on the company. Royal Bank of Canada reaffirmed a “buy” rating and issued a $87.00 target price on shares of Paypal in a report on Monday, June 18th. Robert W. Baird upped their target price on Paypal from $88.00 to $96.00 and gave the company an “outperform” rating in a report on Thursday, July 26th. Wedbush upped their target price on Paypal from $90.00 to $100.00 and gave the company an “outperform” rating in a report on Friday, June 8th. Stephens reaffirmed a “buy” rating and issued a $91.00 target price on shares of Paypal in a report on Friday, July 13th. Finally, Oppenheimer upped their target price on Paypal from $90.00 to $95.00 and gave the company an “outperform” rating in a report on Thursday, July 26th. Seven equities research analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $89.99.

The company has a market cap of $107.26 billion, a P/E ratio of 55.60, a P/E/G ratio of 2.96 and a beta of 1.30.

Paypal (NASDAQ:PYPL) last posted its quarterly earnings data on Wednesday, July 25th. The credit services provider reported $0.58 EPS for the quarter, beating the consensus estimate of $0.41 by $0.17. The business had revenue of $3.86 billion for the quarter, compared to the consensus estimate of $3.81 billion. Paypal had a return on equity of 12.91% and a net margin of 14.02%. Paypal’s revenue for the quarter was up 23.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.46 earnings per share. research analysts expect that Paypal Holdings Inc will post 1.72 earnings per share for the current year.

In other Paypal news, insider Daniel H. Schulman sold 26,000 shares of the stock in a transaction on Wednesday, August 29th. The stock was sold at an average price of $92.43, for a total transaction of $2,403,180.00. Following the sale, the insider now owns 323,316 shares in the company, valued at $29,884,097.88. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Aaron Anderson sold 17,062 shares of the stock in a transaction on Friday, July 27th. The stock was sold at an average price of $88.22, for a total value of $1,505,209.64. Following the sale, the vice president now owns 9,921 shares in the company, valued at approximately $875,230.62. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 149,732 shares of company stock worth $13,044,257. Company insiders own 0.20% of the company’s stock.

Several large investors have recently bought and sold shares of the business. Strategic Wealth Advisors Group LLC raised its position in shares of Paypal by 3.8% in the second quarter. Strategic Wealth Advisors Group LLC now owns 17,643 shares of the credit services provider’s stock worth $1,469,000 after buying an additional 649 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of Paypal in the second quarter worth $324,000. Schroder Investment Management Group raised its position in shares of Paypal by 16.1% in the second quarter. Schroder Investment Management Group now owns 68,480 shares of the credit services provider’s stock worth $5,648,000 after buying an additional 9,495 shares in the last quarter. Advisors Asset Management Inc. raised its position in shares of Paypal by 9.7% in the second quarter. Advisors Asset Management Inc. now owns 350,810 shares of the credit services provider’s stock worth $29,212,000 after buying an additional 31,025 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its position in shares of Paypal by 44.4% in the second quarter. Public Employees Retirement System of Ohio now owns 1,094,873 shares of the credit services provider’s stock worth $91,170,000 after buying an additional 336,807 shares in the last quarter. Hedge funds and other institutional investors own 79.59% of the company’s stock.

Paypal Company Profile (NASDAQ:PYPL)

PayPal Holdings, Inc operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. The company's platform allows consumers to shop by sending payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

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