Moser Wealth Advisors LLC Raises Stock Position in PayPal Holdings, Inc. (NASDAQ:PYPL)

Moser Wealth Advisors LLC raised its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 26.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 725 shares of the credit services provider’s stock after purchasing an additional 150 shares during the quarter. Moser Wealth Advisors LLC’s holdings in PayPal were worth $176,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Gleason Group Inc. acquired a new position in PayPal in the first quarter valued at approximately $25,000. Charter Oak Capital Management LLC purchased a new position in shares of PayPal during the 4th quarter valued at approximately $26,000. JFS Wealth Advisors LLC increased its holdings in shares of PayPal by 646.7% during the 4th quarter. JFS Wealth Advisors LLC now owns 112 shares of the credit services provider’s stock valued at $26,000 after purchasing an additional 97 shares in the last quarter. RWM Asset Management LLC purchased a new position in shares of PayPal during the 4th quarter valued at approximately $27,000. Finally, Vantage Consulting Group Inc purchased a new position in shares of PayPal during the 4th quarter valued at approximately $29,000. 82.29% of the stock is currently owned by institutional investors.

Shares of PYPL stock traded down $2.01 during trading hours on Monday, reaching $244.28. 60,583 shares of the stock were exchanged, compared to its average volume of 8,836,288. The business’s fifty day moving average is $256.96 and its two-hundred day moving average is $240.28. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.38 and a quick ratio of 1.38. PayPal Holdings, Inc. has a 12-month low of $140.02 and a 12-month high of $309.14. The firm has a market capitalization of $286.96 billion, a P/E ratio of 92.09, a P/E/G ratio of 3.53 and a beta of 1.12.

PayPal (NASDAQ:PYPL) last released its earnings results on Wednesday, May 5th. The credit services provider reported $1.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.01 by $0.21. PayPal had a net margin of 15.48% and a return on equity of 18.31%. During the same quarter last year, the business earned $0.66 EPS. As a group, equities research analysts predict that PayPal Holdings, Inc. will post 2.8 earnings per share for the current fiscal year.

In other news, CAO Jeffrey William Karbowski sold 1,800 shares of the stock in a transaction that occurred on Friday, May 7th. The stock was sold at an average price of $255.70, for a total value of $460,260.00. Following the completion of the sale, the chief accounting officer now directly owns 7,936 shares of the company’s stock, valued at $2,029,235.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Daniel H. Schulman sold 10,000 shares of the stock in a transaction that occurred on Tuesday, February 16th. The shares were sold at an average price of $304.32, for a total value of $3,043,200.00. Following the completion of the sale, the chief executive officer now directly owns 150,568 shares of the company’s stock, valued at $45,820,853.76. The disclosure for this sale can be found here. Insiders sold 256,998 shares of company stock worth $68,128,083 over the last quarter. 0.12% of the stock is currently owned by insiders.

Several research firms have recently weighed in on PYPL. Truist lifted their target price on shares of PayPal from $200.00 to $285.00 in a report on Thursday, February 4th. Susquehanna boosted their price target on shares of PayPal from $300.00 to $330.00 and gave the stock a “positive” rating in a report on Friday, February 12th. Credit Suisse Group boosted their price target on shares of PayPal from $310.00 to $315.00 and gave the stock an “outperform” rating in a report on Wednesday, May 12th. Bank of America reissued a “buy” rating and issued a $282.00 price target (up previously from $235.00) on shares of PayPal in a report on Friday, January 22nd. Finally, Rosenblatt Securities lifted their target price on shares of PayPal from $320.00 to $350.00 and gave the stock a “buy” rating in a research note on Monday, April 26th. Five research analysts have rated the stock with a hold rating, thirty-six have given a buy rating and one has issued a strong buy rating to the stock. PayPal currently has an average rating of “Buy” and a consensus price target of $284.80.

PayPal Profile

PayPal Holdings, Inc operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, Hyperwallet, and iZettle products. The company's payments platform allows consumers to send and receive payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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