Shaker Investments purchased $2.16m in PayPal during Q3; PayPal exceeded earnings estimates with revenue of $7.89bn, up 8.2%.

Shaker Investments LLC invested $2.16 million in PayPal Holdings, Inc. during Q3, as institutional investors increased their stakes. PayPal reported earnings of $1.19 per share, exceeding estimates, with revenue of $7.89 billion, up 8.2% year-over-year. Analysts hold a "Moderate Buy" consensus rating for PayPal, which closed at $80.51, and has a market cap of $84.22 billion.

October 13, 2024
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