Founders Financial Alliance LLC Makes New Investment in PayPal Holdings, Inc. (NASDAQ:PYPL)

Key Points

• Founders Financial Alliance LLC has invested approximately $271,000 in PayPal Holdings, acquiring 4,146 shares during the first quarter.
• Recent analyses show mixed ratings for PayPal, with analyst price targets ranging from $56.00 to $103.00, and an average consensus target price of $85.00.
• Insider trading activity includes significant sales by CAO Chris Natali and Director Deborah M. Messemer, totaling $769,558.70 in shares sold over the last few months.

Founders Financial Alliance LLC purchased a new stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 4,146 shares of the credit services provider's stock, valued at approximately $271,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Mpwm Advisory Solutions LLC purchased a new stake in PayPal during the 4th quarter valued at about $25,000. Bernard Wealth Management Corp. acquired a new stake in shares of PayPal in the fourth quarter valued at approximately $34,000. Pinney & Scofield Inc. purchased a new position in PayPal during the fourth quarter worth approximately $35,000. Evermay Wealth Management LLC boosted its stake in PayPal by 726.0% during the first 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. Finally, Garde Capital Inc. acquired a new position in PayPal during the first quarter worth $28,000. Hedge funds and other institutional investors own 68.32% of the company's stock.

Insider Transactions at PayPal

In other PayPal news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.12, for a total transaction of $265,282.56. Following the transaction, the executive vice president owned 16,989 shares of the company's stock, valued at $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at 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 transaction of $277,035.00. Following the transaction, the director owned 13,976 shares in the company, valued at approximately $1,020,248. This trade represents a 21.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,736 shares of company stock valued at $1,620,835 in the last 90 days. Company insiders own 0.08% of the company's stock.

PayPal Stock Down 0.8%

Shares of PayPal stock traded down $0.57 during trading hours on Friday, hitting $67.65. The company had a trading volume of 9,663,964 shares, compared to its average volume of 12,859,930. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The company's 50-day moving average is $72.89 and its two-hundred day moving average is $71.40. The company has a market cap of $64.63 billion, a P/E ratio of 14.46, a price-to-earnings-growth ratio of 1.04 and a beta of 1.42. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its quarterly earnings results 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. The firm had revenue of $8.29 billion during the quarter, compared to analysts' expectations of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same period in the previous year, the company earned $1.19 earnings per share. Analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Wall Street Zen upgraded PayPal from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Piper Sandler set a $74.00 price objective on PayPal in a research report on Tuesday, July 29th. Wells Fargo & Company cut their target price on PayPal from $80.00 to $74.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. Compass Point initiated coverage on PayPal in a report on Wednesday, April 23rd. They set a "sell" rating and a $56.00 price target for the company. Finally, Morgan Stanley restated a "positive" rating on shares of PayPal in a report on Wednesday, July 30th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eighteen have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $85.00.

PayPal Profile

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.