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 $1.26 million.
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.
Susquehanna reiterated its PayPal Holdings Inc [PYPL] rating to a Positive in a research note published on January 06, 2025; the price target was $101. A number of analysts have revised their coverage, including Macquarie’s analysts, who remained covering the stock and in mid December has reiterated a ‘”an Outperform”‘ rating for it. Wolfe Research also remained covering PYPL and has increased its forecast on December 13, 2024 with a “an Outperform” recommendation from previously “Peer perform” rating. BofA Securities revised its rating on December 09, 2024. It rated PYPL as “a Buy” which previously was an “a Neutral”.
Price Performance Review of PYPL
On Monday, PayPal Holdings Inc [NASDAQ:PYPL] saw its stock jump 1.27% to $90.24. Over the last five days, the stock has lost -1.71%. PayPal Holdings Inc shares have risen nearly 5.73% since the year began. Nevertheless, the stocks have risen 43.19% over the past one year. While a 52-week high of $93.66 was reached on 01/17/25, a 52-week low of $55.77 was recorded on 01/13/25. SMA at 50 days reached $87.67, while 200 days put it at $73.12.
Levels Of Support And Resistance For PYPL Stock
The 24-hour chart illustrates a support level at 88.32, which if violated will result in even more drops to 86.41. On the upside, there is a resistance level at 91.22. A further resistance level may holdings at 92.21. The Relative Strength Index (RSI) on the 14-day chart is 56.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.19, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 26.23%. Stochastics %K at 68.99% 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 2024-12-31, growing by 3.85 million shares to a total of 26.8 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 22.95 million shares. There was a rise of 14.36%, which implies that there is a positive sentiment for the stock.
