PayPal director Gail J. McGovern sells $176,478 in stock

Published 28/02/2025, 23:30
PayPal director Gail J. McGovern sells $176,478 in stock

Gail J. McGovern, a director at PayPal Holdings, Inc. (NASDAQ:PYPL), recently sold 2,446 shares of the company’s common stock. The stock, which has declined about 17% year-to-date despite management’s aggressive share buyback program, currently shows oversold conditions according to technical indicators. The transaction, which took place on February 27, 2025, was executed at a price of $72.15 per share, amounting to a total sale value of approximately $176,478. Following this sale, McGovern retains ownership of 29,734 shares in the company. This transaction was disclosed in a filing with the Securities and Exchange Commission. According to InvestingPro analysis, PayPal appears undervalued at current levels, with the company maintaining strong financial health metrics including a healthy current ratio of 1.26 and robust free cash flow yield of 10%.

In other recent news, PayPal Holdings Inc . shared its financial outlook during its Investor Day, with expectations for high-single-digit growth in transaction margin dollars by fiscal year 2027 and over 10% growth in the longer term. The company also forecasts non-GAAP earnings per share to increase in the low teens in FY27 and by at least 20% in subsequent years. RBC Capital Markets maintained an Outperform rating with a $104 price target, highlighting PayPal’s transformation efforts aimed at accelerating growth in total payment volume and adjusted earnings per share. Keefe, Bruyette & Woods also reiterated their Outperform rating, emphasizing PayPal’s strategic shift towards becoming a broader commerce platform to boost user engagement.

Meanwhile, Piper Sandler adjusted its price target for PayPal to $76, maintaining a Neutral rating, reflecting on the company’s growth prospects. TD Cowen held a Hold rating with an $83 price target, noting the ambitious vision presented at the Investor Day but acknowledging current market pressures. Bernstein kept a Market Perform rating with a $94 target, citing PayPal as a company at a crossroads with potential for significant growth or challenges in the next few years. These developments reflect a range of analyst perspectives on PayPal’s strategic direction and financial projections.

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