PayPal Holdings, Inc. $PYPL Shares Sold by Sienna Gestion

Sienna Gestion decreased its stake in PayPal Holdings, Inc. (PYPL) by 27.7% in the third quarter, selling over 32,000 shares. This move aligns with a broader trend of insider selling, as company insiders have sold a significant number of shares recently, and institutional investors collectively own 68.32% of the stock. Analysts currently hold a consensus “Hold” rating on PayPal, with a target price of $59.03, even as the company recently missed earnings and revenue estimates.