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Drilling Down Into PayPal Holdings, Inc. (PYPL)

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BlackRock Inc. now owns 60,103,922 shares of the credit services provider's stock worth $2,585,670,000 after buying an additional 58,026,239 shares during the period. Finally, Wellington Management Group LLP boosted its position in shares of PayPal Holdings by 15.4% during the first quarter. The stock go up so far this year; showing a rise of 67.80% and added with positive flow of 3.19% during recent week. Following the completion of the sale, the chief operating officer now directly owns 29,252 shares in the company, valued at $1,733,181. It also reduced Dish Network Corp (NASDAQ:DISH) stake by 208,805 shares and now owns 4,347 shares. The firm owned 66,148 shares of the credit services provider's stock after selling 7,800 shares during the period. Edgewood Management LLC now owns 18,568,508 shares of the credit services provider's stock worth $798,817,000 after buying an additional 663,087 shares during the period. 4,000 shares valued at $3.88M were sold by WILKE JEFFREY A on Monday, May 22. Hedge funds and other institutional investors own 82.47% of the company's stock. Year to Date (YTD) performance of PayPal Holdings, Inc. $72,241 worth of stock was sold by Caldwell Kirk W on Friday, June 9. Looking at the stock's movement on the chart, PayPal Holdings, Inc. recorded a 52-week high of $66.41. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Wellington Management Group LLP now owns 14,813,195 shares of the credit services provider's stock worth $637,263,000 after buying an additional 1,982,305 shares during the period. Of those transactions, there were 152,926 shares of PYPL bought and 3.08 million shares sold. Jpmorgan Chase & Company holds 0% or 64,958 shares in its portfolio. The disclosure for this sale can be found here.

The stock increased 0.35% or $0.23 during the last trading session, reaching $66.05.

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PayPal Holdings, Inc. (PYPL) remained successful in beating the consensus-estimated $0.43 as it actually earned $0.46 per share in its last reported financial results. (NASDAQ:PYPL) in a report released on Tuesday morning. Also, COO William J. Ready sold 90,000 shares of the firm's stock in a transaction dated Monday, July 31st. (NASDAQ:AMZN) has "Buy" rating given on Wednesday, September 28 by Nomura. Morgan Stanley raised shares of PayPal Holdings from an "equal weight" rating to an "overweight" rating in a report on Wednesday. As per Monday, September 21, the company rating was upgraded by Stifel Nicolaus. Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The stock has advanced 74.01% to a low over the previous 12 months and showed declining move -0.27% to a high over the same period.

Analyzing the technical facts of PayPal Holdings, Inc. It operates a two-sided global technology platform that links its customers, both merchants and consumers, around the globe to facilitate the processing of payment transactions, allowing it to connect merchants and consumers. After a recent look, the stock has been seen trading $2.19 off of the 50-day moving average of $63.85 and $2.19 separated from the 200-day moving average of $63.85. Paypal Holdings Inc (NASDAQ:PYPL) has risen 31.18% since October 9, 2016 and is uptrending. The business had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.09 billion. PayPal Holdings had a return on equity of 11.10% and a net margin of 12.82%.

PayPal Holdings, Inc. (NASDAQ:PYPL) continues to be a formidable company. PayPal Holdings Inc had 117 analyst reports since July 23, 2015 according to SRatingsIntel.

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