Boston Common Asset Management LLC decreased its position in shares of Paypal Holdings Inc. (NASDAQ:PYPL) by 2.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,166 shares of the company’s stock after selling 1,840 shares during the period. Boston Common Asset Management LLC’s holdings in Paypal Holdings were worth $2,547,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of PYPL. Feltz Wealth PLAN Inc. bought a new stake in Paypal Holdings during the second quarter worth about $100,000. Winslow Evans & Crocker Inc. increased its position in shares of Paypal Holdings by 3.5% in the third quarter. Winslow Evans & Crocker Inc. now owns 2,438 shares of the company’s stock valued at $100,000 after buying an additional 82 shares in the last quarter. SevenBridge Financial Group LLC bought a new position in shares of Paypal Holdings during the second quarter valued at about $120,000. Global X Management Co. LLC increased its position in shares of Paypal Holdings by 253.7% in the second quarter. Global X Management Co. LLC now owns 3,445 shares of the company’s stock valued at $126,000 after buying an additional 2,471 shares in the last quarter. Finally, Mycio Wealth Partners LLC increased its position in shares of Paypal Holdings by 35.2% in the second quarter. Mycio Wealth Partners LLC now owns 3,494 shares of the company’s stock valued at $128,000 after buying an additional 909 shares in the last quarter. Institutional investors own 79.70% of the company’s stock.

Institutional Ownership by Quarter for Paypal Holdings (NASDAQ:PYPL)

Paypal Holdings Inc. (NASDAQ:PYPL) traded down 0.18% on Tuesday, reaching $39.89. 5,083,663 shares of the company’s stock traded hands. The stock has a market capitalization of $47.07 billion, a PE ratio of 35.30 and a beta of 1.06. The firm’s 50-day moving average is $40.66 and its 200 day moving average is $38.81. Paypal Holdings Inc. has a 52-week low of $30.52 and a 52-week high of $44.52.

Paypal Holdings (NASDAQ:PYPL) last issued its quarterly earnings results on Thursday, October 20th. The company reported $0.35 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.35. Paypal Holdings had a net margin of 13.23% and a return on equity of 10.67%. The firm earned $2.67 billion during the quarter, compared to the consensus estimate of $2.65 billion. During the same period in the prior year, the firm earned $0.31 EPS. The business’s revenue was up 18.1% on a year-over-year basis. Analysts forecast that Paypal Holdings Inc. will post $1.50 EPS for the current year.

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PYPL has been the subject of several research reports. Vetr upgraded Paypal Holdings from a “hold” rating to a “buy” rating and set a $45.72 price objective for the company in a research report on Tuesday, October 25th. Evercore ISI initiated coverage on Paypal Holdings in a research report on Tuesday, October 18th. They set a “buy” rating and a $46.00 price objective for the company. Wedbush restated an “outperform” rating and set a $50.00 price objective on shares of Paypal Holdings in a research report on Friday, September 23rd. SunTrust Banks Inc. restated a “buy” rating and set a $45.00 price objective on shares of Paypal Holdings in a research report on Wednesday, October 12th. Finally, Jefferies Group restated a “buy” rating and set a $40.24 price objective (down from $48.00) on shares of Paypal Holdings in a research report on Friday, October 21st. Three research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twenty-three have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $45.21.

In other Paypal Holdings news, EVP Gary J. Marino sold 1,726 shares of the stock in a transaction on Monday, October 3rd. The shares were sold at an average price of $40.87, for a total value of $70,541.62. Following the completion of the sale, the executive vice president now directly owns 44,505 shares of the company’s stock, valued at approximately $1,818,919.35. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Aaron Anderson sold 2,644 shares of the stock in a transaction on Monday, October 31st. The shares were sold at an average price of $41.78, for a total transaction of $110,466.32. Following the completion of the sale, the vice president now directly owns 10,043 shares of the company’s stock, valued at $419,596.54. The disclosure for this sale can be found here. 7.00% of the stock is currently owned by company insiders.

Paypal Holdings Company Profile

PayPal Holdings, Inc (PayPal) is a technology platform company that enables digital and mobile payments on behalf of consumers and merchants across the world. The Company allows businesses of all sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions.

5 Day Chart for NASDAQ:PYPL

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