Which insiders are selling PayPal Holdings, Inc. (PYPL)?

PayPal Holdings, Inc. (NASDAQ:PYPL) marched up 79.38% compared to a 52-week low price of $43.60. The shares were last seen trading -0.66% lower, taking the closing price at $78.21 on 04/23/2018. At recent session, the prices were hovering between $77.99 and $79.45. This company shares are 9.04% off its target price of $85.28 and the current market capitalization stands at $94.75B. The recent change has given its price a 0.18% lead over SMA 50 and -9.4% deficit over its 52-week high. The stock witnessed -0.45% declines, -6.87% declines and 16.3% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found PYPL’s volatility during a week at 1.97% and during a month it has been found around 2.71%.

PayPal Holdings, Inc. (PYPL) Top Holders

Institutional investors currently hold around $76.34 billion or 83.7% in PYPL stock. Look at its top three institutional owners. Fmr Llc owns $6.53 billion in PayPal Holdings, Inc., which represents roughly 6.89% of the company’s market cap and approximately 8.55% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 80,842,746 shares of the stock are valued at $6.36 billion. The third largest holder is Blackrock Inc., which currently holds $5.46 billion worth of this stock and that ownership represents nearly 5.77% of its market capitalization.

PayPal Holdings, Inc. 13F Filings

At the end of 12/31/2017 reporting period, 657 institutional holders increased their position in PayPal Holdings, Inc. (NASDAQ:PYPL) by some 63,739,221 shares, 586 decreased positions by 94,197,192 and 138 held positions by 811,733,434. That puts total institutional holdings at 969,669,847 shares, according to SEC filings. The stock grabbed 223 new institutional investments totaling 11,452,940 shares while 59 institutional investors sold out their entire positions totaling 10,027,714 shares.

PayPal Holdings, Inc. (NASDAQ:PYPL) Insider Trades

Multiple company employees have indulged in significant insider trading. PayPal Holdings, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President and CEO Schulman Daniel H has sold 26,000 shares of PayPal Holdings, Inc. (PYPL) in trading session dated Mar. 29, 2018. These shares are worth $1,973,400 and were traded at $75.9 each. The SEC filing shows that Karczmer Aaron performed a sale of 5,674 shares. The EVP, CR, Compliance & Sec Ofc disposed these shares by way of transaction on Mar. 02, 2018. The company’s shares were given away at $77.51 per share worth to an income of some $439,792 on account of Karczmer Aaron.

EVP, CHF Bus. Aff. & Legal OFC, Pentland Adele Louise, sold 20,876 common shares of PayPal Holdings, Inc. (PYPL) in the open market. In a transaction dated Mar. 02, 2018, the shares were put up for sale at an average price of $77.6, raking in a sum of $1,619,978. After this sale, 52,907 common shares of PYPL are directly owned by the insider, with total stake valued at $4,137,856.

In the transaction dated Feb. 28, 2018, the great number of shares disposed came courtesy the President and CEO; Schulman Daniel H disposed a total of 26,000 shares at an average price of $80.66, amounting to approximately $2,097,160. The insider now directly owns 242,189 shares worth $18,941,602.

PayPal Holdings, Inc. (PYPL) Analyst Guide

Several analysts have released their opinion on PayPal Holdings, Inc. (NASDAQ:PYPL), with 25 analysts believing it is a strong buy. Whereas 6 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.41 average brokerage recommendation.

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