- Marzo 30, 2023
- Posted by: Oliver
- Categoria: Economics, Finance & accounting
PayPal is an American fintech company that operates an online payment system. Year to date, PYPL stock has lost 2.7% owing to the banking crisis and contagion fears. McCaul bought PayPal shares in the range of $50-$100K on February 14, after the company posted solid Q4FY22 results. PYPL stock has been down over 6% since then.
Corporate insiders are Positive about PayPal’s potential as they bought PYPL shares worth $2 million in the last three months. However, both retail investors and hedge funds are dumping the stock.
Stock investors have reduced exposure to PYPL stock by 1.9% in the last 30 days. Also, 51 hedge funds have sold 16.2 million shares of PayPal in the last quarter.
Meanwhile, analysts have a Moderate Buy consensus rating on PayPal based on 17 Buys, eight Holds, and One Sell rating. The average PayPal Holdings price target of $111.29 implies 53.4% upside potential. A combination of these factors gives PayPal Holdings a Neutral Smart Score of Seven.
