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David M. Moffett net worth and biography

David Moffett Biography and Net Worth

Director of PayPal

David M. Moffett has served as a director of PayPal since June 2015. He was previously Lead Independent Director of PayPal from July 2015 to December 2018 and a board member of eBay from July 2007 to July 2015. Mr. Moffett served as Chief Executive Officer of Federal Home Loan Mortgage Corp. (“Freddie Mac”) from September 2008 until his retirement in March 2009. He also served as a director of Freddie Mac from December 2008 to March 2009. In 1993, Mr. Moffett joined Star Banc Corporation, a bank holding company, as Chief Financial Officer and during his tenure played an integral role in the acquisition of Firstar Corporation in 1998 and later U.S. Bancorp in 2001. Mr. Moffett remained Chief Financial Officer of U.S. Bancorp until 2007. Mr. Moffett also serves on the Board of Directors of CSX Corporation, Genworth Financial, Inc., as a Trustee for Columbia Atlantic Mutual Funds and University of Oklahoma Foundation and as a consultant to various financial services companies. Mr. Moffett received a B.A. from the University of Oklahoma and an M.B.A. from Southern Methodist University.

What is David M. Moffett's net worth?: The estimated net worth of David M. Moffett is at least $4.60 million as of August 27th, 2020. Mr. Moffett owns 71,470 shares of PayPal stock worth more than $4,604,812 as of April 24th. This net worth evaluation does not reflect any other investments that Mr. Moffett may own. Learn More about David M. Moffett's net worth.
How do I contact David M. Moffett?: The corporate mailing address for Mr. Moffett and other PayPal executives is 2211 NORTH FIRST STREET, SAN JOSE CA, 95131. PayPal can also be reached via phone at (408) 967-1000 and via email at [email protected]. Learn More on David M. Moffett's contact information.
Has David M. Moffett been buying or selling shares of PayPal?: David M. Moffett has not been actively trading shares of PayPal within the last three months. Most recently, David M. Moffett sold 5,028 shares of the business's stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $206.81, for a transaction totalling $1,039,840.68. Following the completion of the sale, the director now directly owns 71,470 shares of the company's stock, valued at $14,780,710.70. Learn More on David M. Moffett's trading history.
Who are PayPal's active insiders?: PayPal's insider roster includes Peggy Alford (EVP), Aaron Anderson (CAO), Jonathan Auerbach (EVP), Tomer Barel (EVP), Mark Britto (EVP), John Donahoe (Director), David Dorman (Director), Gabrielle J.D. (Interim CFO and Sr. VP of Corp. Fin. & Investor Relations ), Jeffrey Karbowski (CAO), Aaron Karczmer (EVP), Enrique Lores (Director), Gary Marino (Insider), David Moffett (Director), Adele Pentland (EVP), John Rainey (CFO), William Ready (COO), Ann Sarnoff (Director), Gabrielle Scheibe (Insider), Daniel Schulman (CEO), Daniel Schulman (CEO), and Frank Yeary (Director). Learn More on PayPal's active insiders.
Are insiders buying or selling shares of PayPal?: In the last twelve months, insiders at the credit services provider sold shares 4 times. They sold a total of 87,856 shares worth more than $4,941,289.04. The most recent insider tranaction occured on March, 1st when SVP Frank Keller sold 7,686 shares worth more than $466,079.04. Insiders at PayPal own 0.1% of the company. Learn More about insider trades at PayPal.
Information on this page was last updated on 3/1/2024.

David M. Moffett Insider Trading History at PayPal

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/27/2020	Sell	5,028	$206.81	$1,039,840.68	71,470
2/22/2018	Sell	3,808	$77.86	$296,490.88	66,320
2/1/2016	Sell	15,971	$36.08	$576,233.68	59,554

David M. Moffett Buying and Selling Activity at PayPal

PayPal Company Overview

PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company was founded in 1998 and is headquartered in San Jose, California.

Today's Range

Now: $64.43

$63.20

$64.70

50 Day Range

MA: $62.53

$57.48

$67.00

2 Week Range

Now: $64.43

$50.25

$76.54

Volume

9,897,597 shs

Average Volume

9,350,021 shs

Market Capitalization

$67.82 billion

P/E Ratio

16.78

Dividend Yield

N/A

Beta

1.45

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