Why Are People Selling Their PYPL Shares?

PayPal stock is trading -28.58% below its average target price of $89.86 after dropping -12.3% during today's evening 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 1.11. 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 75.8%. 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 9% 96,135,412 $6,169,970,771
2023-03-31 Blackrock Inc. 7% 77,214,661 $4,955,636,966
2023-03-31 State Street Corporation 4% 45,423,344 $2,915,270,231
2023-03-31 Comprehensive Financial Management, LLC 3% 29,661,618 $1,903,682,652
2023-03-31 Geode Capital Management, LLC 2% 20,947,345 $1,344,400,608
2023-03-31 Morgan Stanley 2% 19,421,941 $1,246,500,179
2022-12-31 Norges Bank Investment Management 1% 14,354,573 $921,276,499
2023-03-31 Fisher Asset Management, LLC 1% 14,016,762 $899,595,789
2023-03-31 FMR, LLC 1% 13,461,618 $863,966,647
2023-03-31 Alliancebernstein L.P. 1% 12,889,396 $827,241,439
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.