PayPal stock is trading -27.52% below its average target price of $91.33 after dropping -3.8% during today's afternoon session. Analysts are giving the large-cap Business Services company an average rating of buy and target prices ranging from $58.0 to $160.0 per share.
PayPal's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.8%. The stock's short ratio is 1.1. The company's insiders own 0.21% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 77.8%. In conclusion, we believe there is mixed market sentiment regarding PayPal.
Institutions Invested in PayPal
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | Vanguard Group, Inc. (The) | 9% | 96,133,628 | $6,364,045,880 |
| 2023-03-31 | Blackrock Inc. | 7% | 77,214,661 | $5,111,610,322 |
| 2023-03-31 | State Street Corporation | 4% | 45,423,344 | $3,007,025,234 |
| 2023-03-31 | Comprehensive Financial Management, LLC | 3% | 29,661,618 | $1,963,599,021 |
| 2023-03-31 | Geode Capital Management, LLC | 2% | 20,947,345 | $1,386,714,175 |
| 2023-03-31 | Morgan Stanley | 2% | 19,421,941 | $1,285,732,434 |
| 2022-12-31 | Norges Bank Investment Management | 1% | 14,354,573 | $950,272,688 |
| 2023-03-31 | Fisher Asset Management, LLC | 1% | 14,016,762 | $927,909,601 |
| 2023-03-31 | FMR, LLC | 1% | 13,461,618 | $891,159,070 |
| 2023-03-31 | Alliancebernstein L.p. | 1% | 12,889,396 | $853,277,975 |
