PayPal Insider Sells Shares and Bank of America Adds Position
Bank of America bought a new PayPal position in the second quarter worth about $975.56 million, sold at an average price of $58.10. Insider Frank Keller sold 4,612 shares on June 3, leaving him with 41,567 shares. PayPal reported $8.68 billion revenue versus $8.47 billion expected, and investors of record will receive a $0.14 dividend.