PayPal Holdings (PYPL) : PayPal Holdings (PYPL) had a healthy money flow of $2.53 million into the stock during the Fridays trading session. The value of bullish trades on upticks was $4.26 million, whereas, investors only sold shares worth $1.73 million on downticks. The stock closed the day with an up-down ratio of 2.47.The money flow in the block trades to the tune of $2.61 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $2.61 million worth of transactions were on upticks. PayPal Holdings (PYPL) stock slid $0.02 intraday and traded at 36.81, a change of -0.05% over previous days close. However, for the week, the company shares are -2.23% compared to previous weeks close.
The company Insiders own 7% of PayPal Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -49.97% . Institutional Investors own 79.03% of PayPal Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -49.97%.
In a related news,The officer (SVP, Global Head Product & Eng) of Paypal Holdings, Inc., Ready William J sold 48,963 shares at $38 on August 5, 2016. The Insider selling transaction had a total value worth of $1,860,594. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
PayPal Holdings (NASDAQ:PYPL): The stock opened at $37.01 and touched an intraday high of $37.125 on Friday. During the day, the stock corrected to an intraday low of $36.3, however, the bulls stepped in and pushed the price higher to close in the green at $37.07 with a gain of 0.65% for the day. The total traded volume for the day was 6,726,906. The stock had closed at $36.83 in the previous trading session.
PayPal Holdings (PYPL) : During the past 4 weeks, traders have been relatively bearish on PayPal Holdings (PYPL), hence the stock is down -2.57% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.03% relative to the S&P 500. The 4-week change in the price of the stock is -2.7% and the stock has fallen -1.54% in the past 1 week.
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.