KD Logo

Goldman gives a Neutral recommendation for PayPal Holdings Inc (PYPL)

In a filing, PayPal Holdings Inc revealed its Director MESSEMER DEBORAH M. unloaded Company’s shares for reported $0.27 million on May 24 ’24. In the deal valued at $61.65 per share,4,422 shares were sold. As a result of this transaction, MESSEMER DEBORAH M. now holds 13,976 shares worth roughly $0.83 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, Keller Frank sold 7,686 shares, generating $466,077 in total proceeds. Upon selling the shares at $60.64, the SVP, GM, Lg Ent & Mer Plat. now owns 23,430 shares.

Before that, Alford Peggy sold 15,000 shares. PayPal Holdings Inc shares valued at $851,428 were divested by the EVP, Global Sales at a price of $56.76 per share. As a result of the transaction, Alford Peggy now holds 40,601 shares, worth roughly $2.41 million.

A number of analysts have revised their coverage, including New Street’s analysts, who began to cover the stock in late May with a ‘”a Buy”‘ rating. Mizuho also remained covering PYPL and has increased its forecast on May 30, 2024 with a “Buy” recommendation from previously “Neutral” rating. Monness Crespi & Hardt maintained its rating on April 29, 2024. It rated PYPL as “a Buy”.

Price Performance Review of PYPL

On Tuesday, PayPal Holdings Inc [NASDAQ:PYPL] saw its stock fall -0.27% to $59.33. Over the last five days, the stock has lost -1.33%. PayPal Holdings Inc shares have fallen nearly -3.39% since the year began. Nevertheless, the stocks have fallen -11.37% 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 $63.56, while 200 days put it at $60.78. A total of 9.35 million shares were traded, compared to the trading of 18.89 million shares in the previous session.

Levels Of Support And Resistance For PYPL Stock

The 24-hour chart illustrates a support level at 59.01, which if violated will result in even more drops to 58.69. On the upside, there is a resistance level at 59.61. A further resistance level may holdings at 59.89. The Relative Strength Index (RSI) on the 14-day chart is 37.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.32%. Stochastics %K at 10.73% indicates the stock is a buying.

Most Popular