KD Logo

Potential Price Increase for PayPal Holdings Inc (PYPL) After Recent Insider Activity

PayPal Holdings Inc’s recently made public that 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 $1.13 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 $3.29 million.

Mizuho reiterated its PayPal Holdings Inc [PYPL] rating to an Outperform in a research note published on October 14, 2024; the price target was $100. A number of analysts have revised their coverage, including Bernstein’s analysts, who decreased its forecast for the stock in early October from “an Outperform” to “a Mkt perform”. Daiwa Securities revised its rating on August 09, 2024. It rated PYPL as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of PYPL

On Tuesday, PayPal Holdings Inc [NASDAQ:PYPL] saw its stock jump 0.43% to $80.91. Over the last five days, the stock has gained 1.71%. PayPal Holdings Inc shares have risen nearly 31.75% since the year began. Nevertheless, the stocks have risen 51.55% over the past one year. While a 52-week high of $82.00 was reached on 10/09/24, a 52-week low of $50.25 was recorded on 02/08/24. SMA at 50 days reached $74.67, while 200 days put it at $65.35.

Levels Of Support And Resistance For PYPL Stock

The 24-hour chart illustrates a support level at 80.16, which if violated will result in even more drops to 79.41. On the upside, there is a resistance level at 81.54. A further resistance level may holdings at 82.17. The Relative Strength Index (RSI) on the 14-day chart is 61.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.29%. Stochastics %K at 79.92% indicates the stock is a holding.

How much short interest is there in PayPal Holdings Inc?

A steep rise in short interest was recorded in PayPal Holdings Inc stocks on 2024-09-30, growing by 0.47 million shares to a total of 23.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 22.68 million shares. There was a rise of 2.04%, which implies that there is a positive sentiment for the stock.

Most Popular