Traders Sell PayPal Holdings, Inc. (NASDAQ:PYPL) on Strength Following Weak Earnings

The stock touched 52-week High of $61.30 on 07/27/17 and 52-week Low of $36.30 on 09/02/16.

Valuation Ratios of PayPal Holdings, Inc. Goldman Sachs Group, (The) reiterated a "conviction-buy" recommendation and fixed a $72.00 price target (up prior from $60.00) on stocks of PayPal Holdings in a study note published on early Thur, Jul 27th. While looking the figure depicted by the Price to Earning we can suggest that the shares of PayPal Holdings, Inc.

PayPal Holdings, (NASDAQ PYPL) transacted up 1.76% on early Monday, reaching $59.06. the firms shares had a trading volume of 7,550,644 Stocks. The company has a market cap of $71.01 billion, a P/E ratio of 47.63 and a beta of 0.99.

Aston Martin Announces Two More Zagato Versions of the Vanquish
A Shooting Brake and a Speedster model are both set to be unveiled, with 99 'brakes and only 28 Speedsters to be built. The other existing models are the Coupé , launched in 2016, and the Volante, which was revealed a year ago .

37 analysts on average are expecting the company to report revenue of $3.17 Billion for the current quarter. Guardian Life Insurance Co. of America boosted its position in shares of PayPal Holdings by 0.9% in the first quarter.

Moving average is significant analytical tool used to discover current price trends and the possibility for a change in an established trend. Stifel Nicolaus reissued a "buy" rating and issued a $49.00 price target on shares of PayPal Holdings in a report on Sunday, April 23rd. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. (NASDAQ PYPL) opened at 59.06 on Tuesday. The firm's quarterly revenue was up 18.3% compared to the same quarter previous year. Capital Investment Services of America Inc. increased its position in shares of PayPal Holdings by 0.7% in the first quarter. The fund owned 15,079 shares of the credit services provider's stock after selling 1,728 shares during the period. Following the sale, the director now owns 12,647 shares in the company, valued at $682,558.59. Inc. now owns 2,415 shares of the credit services provider's stock valued at $104,000 after buying an additional 649 shares in the last quarter. Credit Suisse maintained Paypal Holdings Inc (NASDAQ:PYPL) rating on Friday, July 22. Note, this compares with a consensus analyst forecast of 0.32 in earnings per share for its next fiscal quarterly report. Inc. raised its position in shares of PayPal Holdings by 36.7% in the first quarter. It last trading capacity has been noted with 7.55 million shares and 8.59 million shares are observed as exploring the average capacity of last three months trading period.

Ryerson Holding Corporation (RYI) stock moved with shift of -2.44% in the past week. Zacks Investment Research cut PayPal Holdings from a "hold" rating to a "sell" rating in a report on Thursday, April 27th. Bridges Investment Management Inc. boosted its stake in PayPal Holdings by 1.1% in the first quarter.

Spangenberg and Padres beat Phillies 7-4 | Hoskins homers twice
He advanced on Hedges' single, stole third base and scored on Maikel Franco's bad throw on Manuel Margot's grounder. With the Phillies leading 3-2, Hedges hit an RBI single and Asuaje had a sacrifice fly to give San Diego the lead.

Many analysts have provided their estimated foresights on PayPal Holdings, Inc. Robert W. Baird reaffirmed an "outperform" rating and set a $65.00 price objective (up from $59.00) on shares of PayPal Holdings in a research note on Thursday, July 27th. Carroll Financial Associates Inc. boosted its stake in PayPal Holdings by 41.7% in the first quarter. If you are reading this news story on another website, it was copied illegally and republished in violation of USA and worldwide trademark & copyright legislation. Carroll Financial Associates Inc. now owns 2,516 shares of the credit services provider's stock valued at $108,000 after buying an additional 740 shares during the period.

PayPal Holdings declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, April 26th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization allows the credit services provider to repurchase up to 9.3% of its shares through open market purchases. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The correct version of this article can be viewed at https://stocknewstimes.com/2017/08/15/5052-shares-in-paypal-holdings-inc-pypl-acquired-by-balasa-dinverno-foltz-llc.html. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. Also, EVP Gary J. Marino sold 1,350 shares of the stock in a transaction dated Thursday, June 1st. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued. Its up 2.88% from 29.59M shares, reported previously. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. The shares were sold at an average price of $52.48, for a total transaction of $70,848.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 265,852 shares of company stock valued at $15,543,798.

PayPal Holdings, Inc.is a technology platform and digital payments firm that enables digital and mobile payments on behalf of clients and merchants. The Company's combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.

BC to raise minimum wage by 50 cents an hour
The NDP campaigned on a promise of raising the minimum wage to $15 per hour by the end of its first term in government. Bains said a fair wage commission will be established to plan how to raise the rate without hurting businesses.

Several hedge funds have recently modified their holdings of PYPL.

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