The surge in insider selling at PayPal Holdings, Inc. (NASDAQ:PYPL) is picking up steam with the current sell/buy ratio now at 40.45. PYPL recorded 17 sales on the open market in the last three months. They sold nearly 358,041 shares while purchases amounted to 8,852 shares that period. Looking even further back to 12 months, corporate insiders offloaded 1,679,161 shares when buyers snapped up 245,270 shares. The 12-month’s totals signify about a 6.85-to-1 sell/buy ratio.
Schulman Daniel H parted with a total of 22.76 thousand shares of PayPal Holdings, Inc. (PYPL) at average share price of $81.41. This insider trade in the company took place on 12/27/2018. The total for the sales was set at $1.85 million. After this transaction, the President and CEO account balance stood at 289.83 thousand shares. The stock grew 11.35 percent since that insider sale. On 12/07/2018, Marino Gary J, Chief Commercial Officer, sold 1.01 thousand shares at a price per share of $84.96. This removed 85.72 thousand shares from the insider’s fortune and the stock saw a 6.7 percent rally in value since the news became public. This transaction left 40.3 thousand shares in the Chief Commercial Officer account.
On 11/28/2018, President and CEO Schulman Daniel H performed a sale transaction worth $2.18 million. This sale at $83.92 each has eliminated 26 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded 8.02 percent increase since the transaction was reported. The insider now is left with 300.83 thousand shares remaining in the account. Ready William J, who performs the EVP, COO job, sold 27.46 thousand shares for $2.36 million. The disposal occurred on 11/16/2018 was priced at $85.89 per share. The share price soared 5.54 percent since the reporting date. Ready William J now left with a stake of 65.23 thousand PYPL stock worth $5.91 million after the insider selling.
The 12-month median price target for PayPal Holdings, Inc. (PYPL) assigned by the analysts stands at $100, which represents a return potential of 10.31 percent when compared to the closing price of the stock of $90.65 on Friday, January 11. The lowest price target for the stock is $70 — slightly more than -22.78 percent from PYPL’s current share price. The stock will probably climb 9.73 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $119-month high price target. This represents a whopping 31.27 percent increase from where shares are trading today.
On momentum oscillators front, ‘RSI’ has touched 59.95 on daily chart, which may remain a cause for concern. If the price breaks below $89.59 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $91.16 mark may result into a pull-back move towards $91.67 level. The stock is currently hovering around the first support level of $90.12. Below this, the next support is placed in the zone of $89.59. Till the time, the PYPL stock trades above this level, bulls have nothing to fear.
Shares of PayPal Holdings, Inc. (PYPL) are trading at a P/E ratio of 42.29 times earnings reported for the past 12 months. The industry PYPL operates in has an average P/E of 25.67. Its P/E ratio went as low as 34.31X and as high as 45.51 over the 5-year span. Further, it is sporting a 7.14 on the Price-to-Sales ratio. Compare this with the industry average P/S of 5.62. 48.7 percent is the gross profit margin for PayPal Holdings, Inc. and operating margin sits at 16.3 percent. Along with this, the net profit margin is 14 percent.
On 11th of January, PayPal Holdings, Inc. (NASDAQ:PYPL) shares ended lower after a volatile session. The shares dropped -0.05 points or -0.06 percent at $90.65 with a light trade volume of 7.308 million shares. After opening the session at $90.11, the shares went as high as $91.1442 and as low as $90.1, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $107 billion and now has 1.18 billion shares outstanding. PayPal Holdings, Inc. (PYPL) stock has gained 6.01 percent of market value in 21 trading days.
PYPL stock has a trailing 3-year beta of 1.08, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $1.9 a share in the trailing twelve months. The stock’s value has surged 7.8 percent year to date (YTD) against a rise of 14.21 percent in 12 month’s time. The company’s shares still trade -3.26 percent away from its 1-year high of $93.70 and 29.09 percent up from 52-week low of $70.22. The average consensus rating on the company is 1.8, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a buy.