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 |
