Large Outflow of Money Witnessed in PayPal Holdings

PayPal Holdings (NASDAQ:PYPL) During the most recent session, the shares traded at 0.19 points or 0.52% higher at $36.96. The money flow data is unimpressive with the net money flow value of $(-1.7) million. As per the intraday data, the upticks measured $6 million and the downticks measured $7.7 million. As a result, the up/down ratio registered a value of 0.78. The shares have seen -3.57% price change for the week.A block trade also made an entry with $1.85 million flowing in through upticks while $3.9 million flew out through downticks. The block tradeoff had the up/down ratio of 0.47. The net money flow for this big transaction was $(-2.06) million.


Currently the company Insiders own 7% of PayPal Holdings shares according to the proxy statements. Institutional Investors own 78.02% of PayPal Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -72.38%. On the companys insider trading activities, The director, of Paypal Holdings, Inc., Moffett David M had unloaded 15,971 shares at $36.08 per share in a transaction on February 1, 2016. The total value of transaction was $576,234. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

PayPal Holdings (NASDAQ:PYPL) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.23 points or 0.63% at $36.54 with 8,215,970 shares getting traded. Post opening the session at $36.5, the shares hit an intraday low of $36.495 and an intraday high of $37.11 and the price was in this range throughout the day. The company has a market cap of $44,287 million and the number of outstanding shares have been calculated to be 1,212,026,660 shares. The 52-week high of PayPal Holdings (NASDAQ:PYPL) is $42.55 and the 52-week low is $30.

Many analysts have stated their opinion on the company shares. Nomura initiates coverage on PayPal Holdings (NASDAQ:PYPL) The shares have been rated Hold. The rating by the firm was issued on May 26, 2016.

PayPal Holdings, Inc. (PayPal) is a technology platform company, which enables digital and mobile payments on behalf of consumers and merchants around the world. The Company focuses on its consumers, merchants, friends and family to access and move their money through its platform using various devices, such as mobile, tablets, personal computers and wearables. It provides businesses of various sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions across its Payments Platform, including PayPal, PayPal Credit, Venmo and Braintree products. PayPal gateway products include Payflow Payments and Braintree products. The Company enables its consumers to fund a purchase using a bank account, a PayPal account balance, a PayPal Credit account, a credit or debit card, or other stored value products such as coupons and gift cards.

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