Paypal Holdings Inc (NASDAQ:PYPL) Shares Bought by Shelton Capital Management

Angelica Greene
August 13, 2017

Finally, Loop Capital reissued a "hold" rating and issued a $51.00 price target (up previously from $49.00) on shares of PayPal Holdings in a research note on Thursday, July 27th. West Oak Capital LLC now owns 2,850 shares of the credit services provider's stock valued at $123,000 after buying an additional 550 shares during the period.

Many other brokerage firms also weighed in on PYPL. Piper Jaffray Companies reiterated an "underweight" rating and issued a $41.00 target price on shares of Paypal Holdings in a research note on Friday, April 14th. TheStreet upgraded PayPal Holdings from a "c" rating to a "b-" rating in a research note on Monday, July 3rd. Monness Crespi & Hardt raised their price objective on shares of Paypal Holdings from $50.00 to $54.00 and gave the stock a "buy" rating in a report on Thursday, April 27th. July 18 investment analysts at Deutsche Bank held the stock rating at "Buy" but raised the price target to $61.00 from $54.00. On June 21, 2017 the stock rating was changed to a "Overweight" by Pacific Crest which was a boost from the previous " rating. One analyst has rated the stock with a sell rating, eleven have given a hold rating, thirty have given a buy rating and two have assigned a strong buy rating to the company. Paypal Holdings presently has a consensus rating of "Buy" and an average target price of $59.49. The shares were last seen trading -2.77% lower, taking the closing price at $58.02 on August 10, 2017. The company's market cap is $69.24 Billion, and the average volume is 8.52 Million. It is now trading at $58.02 just above the 50 day moving average of $56.89 and quite a bit higher than the 200 day moving average of $48.35.

PayPal Holdings (NASDAQ:PYPL) last announced its earnings results on Wednesday, July 26th. The credit services provider reported $0.46 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $0.03. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. PayPal Holdings had a net margin of 12.82% and a return on equity of 11.10%. The firm's quarterly revenue was up 18.3% compared to the same quarter past year. During the same period in the prior year, the firm earned $0.36 earnings per share.

Currently, EPS of PayPal Holdings, Inc.

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There has been some selling insider activity on PayPal Holdings, Inc. If you are viewing this story on another domain, it was illegally copied and republished in violation of USA and global copyright and trademark law. The legal version of this story can be read at

Paypal Holdings declared that its board has approved a share buyback program on Wednesday, April 26th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization permits the credit services provider to reacquire up to 9.3% of its stock through open market purchases. During its last trading session, Stock traded with the total exchanged volume of 6.02 million shares.

Traditional interpretation and usage of the RSI is that RSI values of 70 or above indicate that a security is becoming overbought or overvalued, and therefore may be primed for a trend reversal or corrective pullback in price. Following the transaction, the executive vice president now owns 37,491 shares in the company, valued at approximately $1,967,527.68. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Looking at a shorter time period, shares have been seen -5.14% away from the 50 day high and 14.40% off the 50 day low price. The disclosure for this sale can be found here. In the last quarter, insiders sold 95,852 shares of company stock valued at $5,653,198. Institutional investors own 81.31% of the company's stock. American Research & Management Co. increased its position in Paypal Holdings by 59.0% in the first quarter. FMR LLC raised its stake in shares of PayPal Holdings by 36.1% in the second quarter. Norway Savings Bank increased its position in Paypal Holdings by 0.5% in the first quarter. FTB Advisors Inc. now owns 8,245 shares of the credit services provider's stock valued at $363,000 after buying an additional 91 shares during the period. Inc. increased its stake in shares of Paypal Holdings by 36.7% in the first quarter. Capital Investment Services of America Inc. now owns 225,956 shares of the credit services provider's stock valued at $9,721,000 after buying an additional 1,616 shares in the last quarter. Vanguard Group has an ownership of 77,758,731 stocks of the credit services provider's shares valued $4,173,311,000 after scooping up an extra 2,115,017 shares through out the previous quarter, BlackRock raised its stake in stocks of PayPal Holdings by 4.7% in the Fiscal Q2. Chesley Taft & Associates LLC now owns 7,480 shares of the credit services provider's stock valued at $322,000 after buying an additional 240 shares during the last quarter.

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