Fiduciary Family Office LLC Makes New $810,000 Investment in PayPal Holdings, Inc. (NASDAQ:PYPL)

Key Points

• Fiduciary Family Office LLC has made a new investment of $810,000 in PayPal, purchasing 12,421 shares of the company during the first quarter.
• PayPal's stock currently has a fifty-two week range of $55.85 to $93.66 and is trading at $67.65, with a market cap of $64.63 billion.
• Recent earnings reported by PayPal showed $1.40 earnings per share, exceeding estimates, with a projected 5.03 earnings per share for the current fiscal year.

Fiduciary Family Office LLC purchased a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 12,421 shares of the credit services provider's stock, valued at approximately $810,000.

Several other institutional investors also recently added to or reduced their stakes in PYPL. Mpwm Advisory Solutions LLC acquired a new position in PayPal during the fourth quarter worth $25,000. Evermay Wealth Management LLC raised its stake in shares of PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock worth $27,000 after buying an additional 363 shares during the last quarter. Garde Capital Inc. acquired a new position in shares of PayPal during the 1st quarter worth $28,000. Tsfg LLC raised its stake in shares of PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock worth $29,000 after buying an additional 200 shares during the last quarter. Finally, Bernard Wealth Management Corp. acquired a new position in shares of PayPal during the 4th quarter worth $34,000. Institutional investors and hedge funds own 68.32% of the company's stock.

PayPal Price Performance

Shares of NASDAQ PYPL opened at $67.65 on Friday. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The business has a 50 day moving average price of $72.89 and a two-hundred day moving average price of $71.65. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. The firm has a market cap of $64.63 billion, a PE ratio of 14.46, a price-to-earnings-growth ratio of 1.05 and a beta of 1.42.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, beating analysts' consensus estimates of $1.30 by $0.10. PayPal had a return on equity of 25.35% and a net margin of 14.49%. The firm had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. During the same quarter last year, the firm earned $1.19 EPS. Sell-side analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

PYPL has been the topic of several recent research reports. Canaccord Genuity Group restated a "buy" rating and issued a $96.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Macquarie restated an "outperform" rating and issued a $95.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. BMO Capital Markets restated a "market perform" rating on shares of PayPal in a research report on Tuesday, July 29th. Royal Bank Of Canada restated an "outperform" rating and issued a $88.00 price objective on shares of PayPal in a research report on Thursday, June 26th. Finally, Morgan Stanley restated a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, PayPal currently has an average rating of "Moderate Buy" and a consensus price target of $84.57.

Insider Transactions at PayPal

In related news, EVP Diego Scotti sold 3,839 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $73.24, for a total value of $281,168.36. Following the sale, the executive vice president owned 16,989 shares of the company's stock, valued at approximately $1,244,274.36. This trade represents a 18.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Deborah M. Messemer sold 3,795 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $73.00, for a total value of $277,035.00. Following the completion of the sale, the director directly owned 13,976 shares in the company, valued at approximately $1,020,248. This trade represents a 21.36% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 22,736 shares of company stock worth $1,620,835 in the last quarter. Insiders own 0.08% of the company's stock.

About PayPal

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.

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