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
|2023-03-31||Vanguard Group Inc||9%||96,135,412||$6,169,970,771|
|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|
|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|