Shares of PayPal Holdings (NASDAQ:PYPL) Sees Large Inflow of Net Money Flow

Shares of PayPal Holdings (NASDAQ:PYPL) saw an erosion of -0.05 points in recent session. During the trading, the value of each share was $36.93, dropping -0.12%. The shares saw high fund-flow as the composite value of all the upticks was $63.83 million and the total value of all the downticks was a mere $16.96 million. The net money flow was seen at $46.87 million and the up/down ratio was measured at 3.76. On a weekly basis the shares of the shares have recorded a change of 0.42%.The block trade which occurred today had $47.67 million in upticks and $0.97 million in downticks with the up/down ratio climbing to 49.03. $46.7 million was the net money flow of the block transaction.

Shares of PayPal Holdings, Inc. appreciated by 0.54% during the last five trading days but lost 5.16% on a 4-week basis. PayPal Holdings, Inc. has dropped 6.19% during the last 3-month period . Year-to-Date the stock performance stands at 2.13%.

Currently the company Insiders own 7% of PayPal Holdings shares according to the proxy statements. Institutional Investors own 78.02% of PayPal Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -72.38%. . On the companys insider trading activities,The director of Paypal Holdings, Inc., Moffett David M sold 15,971 shares at $36.08 on February 1, 2016. The Insider selling transaction had a total value worth of $576,234. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Fridays trading session turned out to be a no-profit no-loss event for PayPal Holdings (NASDAQ:PYPL). The opening trade occurred at $37.03 and the highest and the lowest points of the day were $37.18 and $36.63 respectively. The final trade was registered at $36.97 and the volume by the end of the day had touched 7,947,873 shares. The 52-week high of the stock is $42.55 and the 52-week low is $30. According to the current valuation, the market cap of the company is $44,809 million and the total number of shares available in public circulation is 1,212,026,660.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.