Headlines about Paypal (NASDAQ:PYPL) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Paypal earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave headlines about the credit services provider an impact score of 45.3961487152596 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s rankings:
- Paypal Holdings Inc (PYPL) Shares Sold by OppenheimerFunds Inc. (americanbankingnews.com)
- Ontario Teachers Pension Plan Board Acquires 2,319 Shares of Paypal Holdings Inc (PYPL) (americanbankingnews.com)
- Don’t Waste Your Money on Bitcoin, These 3 Stocks Are Better Buys (nz.finance.yahoo.com)
- Eaton Vance Management Trims Stake in Paypal Holdings Inc (PYPL) (americanbankingnews.com)
- Paypal Holdings Inc (PYPL) Stake Lifted by Brown Advisory Securities LLC (americanbankingnews.com)
Paypal (PYPL) traded up $1.99 on Friday, reaching $79.69. The company had a trading volume of 7,520,000 shares, compared to its average volume of 11,290,000. Paypal has a fifty-two week low of $41.74 and a fifty-two week high of $86.32. The company has a market capitalization of $95,780.00 and a price-to-earnings ratio of 49.19.
A number of research analysts have issued reports on PYPL shares. Vetr raised Paypal from a “hold” rating to a “buy” rating and set a $76.80 target price for the company in a research note on Tuesday, October 31st. Deutsche Bank boosted their target price on Paypal to $88.00 and gave the company a “buy” rating in a research note on Friday, November 17th. Argus boosted their target price on Paypal from $80.00 to $87.00 and gave the company a “buy” rating in a research note on Friday, November 17th. Citigroup reissued a “buy” rating and issued a $87.00 target price on shares of Paypal in a research note on Friday, November 17th. Finally, BTIG Research reissued a “buy” rating and issued a $81.00 target price on shares of Paypal in a research note on Sunday, November 19th. Nine research analysts have rated the stock with a hold rating, thirty-four have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $76.97.
In other Paypal news, Director Rodney C. Adkins acquired 6,750 shares of the company’s stock in a transaction on Friday, December 8th. The shares were purchased at an average price of $74.04 per share, for a total transaction of $499,770.00. Following the completion of the purchase, the director now directly owns 10,149 shares of the company’s stock, valued at $751,431.96. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director David M. Moffett sold 3,808 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $77.86, for a total value of $296,490.88. Following the completion of the sale, the director now owns 66,320 shares in the company, valued at approximately $5,163,675.20. The disclosure for this sale can be found here. Insiders have sold 164,739 shares of company stock worth $12,811,076 in the last quarter. 6.00% of the stock is currently owned by corporate insiders.
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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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