KD Logo

PayPal Holdings Inc (PYPL) receives a Buy rating from Monness Crespi & Hardt

PayPal Holdings Inc’s recent filing unveils that its SVP, GM, Lg Ent & Mer Plat. Keller Frank unloaded Company’s shares for reported $0.47 million on Mar 01 ’24. In the deal valued at $60.64 per share,7,686 shares were sold. As a result of this transaction, Keller Frank now holds 23,430 shares worth roughly $1.5 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Alford Peggy sold 15,000 shares, generating $851,428 in total proceeds. Upon selling the shares at $56.76, the EVP, Global Sales now owns 40,601 shares.

Before that, Auerbach Jonathan sold 64,957 shares. PayPal Holdings Inc shares valued at $3,610,373 were divested by the Chief Strat., Gr & Data Ofr at a price of $55.58 per share. As a result of the transaction, Auerbach Jonathan now holds 79,051 shares, worth roughly $5.06 million.

Monness Crespi & Hardt reiterated its PayPal Holdings Inc [PYPL] rating to a Buy in a research note published on April 29, 2024; the price target was $88. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who decreased its forecast for the stock in mid February from “an Outperform” to “a Neutral”. DZ Bank also remained covering PYPL and has decreased its forecast on February 09, 2024 with a “Hold” recommendation from previously “Buy” rating. Argus revised its rating on February 09, 2024. It rated PYPL as “a Hold” which previously was an “a Buy”.

Price Performance Review of PYPL

On Monday, PayPal Holdings Inc [NASDAQ:PYPL] saw its stock jump 1.62% to $63.95. Over the last five days, the stock has lost -2.53%. PayPal Holdings Inc shares have risen nearly 4.14% since the year began. Nevertheless, the stocks have fallen -0.36% over the past one year. While a 52-week high of $76.54 was reached on 04/30/24, a 52-week low of $50.25 was recorded on 02/08/24. SMA at 50 days reached $64.07, while 200 days put it at $60.91. A total of 6.95 million shares were traded, compared to the trading of 8.75 million shares in the previous session.

Levels Of Support And Resistance For PYPL Stock

The 24-hour chart illustrates a support level at 63.28, which if violated will result in even more drops to 62.62. On the upside, there is a resistance level at 64.52. A further resistance level may holdings at 65.10. The Relative Strength Index (RSI) on the 14-day chart is 47.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.25%. Stochastics %K at 12.82% indicates the stock is a buying.

The most recent change occurred on February 08, 2024 when Monness Crespi & Hardt resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $80.

Most Popular