Media headlines about Paypal (NASDAQ:PYPL) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Paypal earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the credit services provider an impact score of 45.0478159769387 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- World Bank Chief disses cryptocurrencies as Ponzi schemes (finance.yahoo.com)
- Paypal Holdings Inc (PYPL) Short Interest Update (americanbankingnews.com)
- How To Capture A Big Gain In Leading Stocks? Possess These 4 Keys (finance.yahoo.com)
- Unusual Volume Activity Alert – PayPal Holdings, Inc. (PYPL) – Wall Street Morning (wallstreetmorning.com)
- Commentary: Inflation Shook the Markets This Week—But Deflation Is the Force to Watch (finance.yahoo.com)
Shares of Paypal (NASDAQ PYPL) opened at $74.75 on Friday. Paypal has a 1 year low of $40.30 and a 1 year high of $86.32. The stock has a market cap of $89,711.96, a P/E ratio of 50.85, a P/E/G ratio of 2.39 and a beta of 1.18.
Several equities analysts have issued reports on the stock. Mizuho restated a “hold” rating and issued a $50.00 price objective on shares of Paypal in a research note on Sunday, October 15th. Citigroup reiterated a “buy” rating and set a $90.00 target price on shares of Paypal in a research note on Thursday, February 1st. BTIG Research downgraded shares of Paypal from a “buy” rating to a “neutral” rating in a research note on Thursday, February 1st. Cantor Fitzgerald reiterated a “buy” rating and set a $85.00 target price on shares of Paypal in a research note on Thursday, February 1st. Finally, Wells Fargo & Co upgraded shares of Paypal from a “market perform” rating to an “outperform” rating and set a $70.00 target price for the company in a research note on Monday, February 5th. Nine investment analysts have rated the stock with a hold rating, thirty-four have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $77.04.
In related news, Director Rodney C. Adkins purchased 6,750 shares of the firm’s stock in a transaction on Friday, December 8th. The shares were bought at an average price of $74.04 per share, for a total transaction of $499,770.00. Following the acquisition, the director now directly owns 10,149 shares in the company, valued at $751,431.96. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Adele Louise Pentland sold 6,000 shares of Paypal stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $78.11, for a total transaction of $468,660.00. Following the completion of the transaction, the executive vice president now owns 46,045 shares in the company, valued at approximately $3,596,574.95. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 126,344 shares of company stock worth $9,818,481. 6.00% of the stock is owned by company insiders.
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PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.
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