Check Out What Whales Are Doing With PYPL
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on PayPal Holdings (NASDAQ:PYPL) by a large investor, as indicated by a big position in the company's publicly available options history. The overall sentiment of these big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $52.5 to $100.0 for PayPal Holdings over the last 3 months. Mizuho, MoffettNathanson, and Piper Sandler have downgraded their ratings on PayPal.
October 02, 2023 | 2:16 pm
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NEGATIVE IMPACT
A large investor has taken a bearish stance on PayPal Holdings, with big-money traders sentiment being 36% bullish and 63% bearish.
The bearish stance taken by a large investor, along with the overall bearish sentiment among big-money traders, indicates a potential downward pressure on PayPal's stock price in the short term. Additionally, the downgrades by Mizuho, MoffettNathanson, and Piper Sandler could further negatively impact the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100