Shelton Capital Management trimmed its holdings in Paypal Holdings Inc (NASDAQ:PYPL) by 1.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,229 shares of the credit services provider’s stock after selling 1,024 shares during the period. Shelton Capital Management’s holdings in Paypal were worth $7,526,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in PYPL. San Francisco Sentry Investment Group CA grew its position in shares of Paypal by 352.8% during the 3rd quarter. San Francisco Sentry Investment Group CA now owns 1,562 shares of the credit services provider’s stock valued at $100,000 after purchasing an additional 1,217 shares in the last quarter. Arcadia Investment Management Corp MI grew its position in shares of Paypal by 230.4% during the 4th quarter. Arcadia Investment Management Corp MI now owns 1,434 shares of the credit services provider’s stock valued at $106,000 after purchasing an additional 1,000 shares in the last quarter. Front Row Advisors LLC purchased a new position in shares of Paypal during the 4th quarter valued at $111,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Paypal during the 3rd quarter valued at $113,000. Finally, D Orazio & Associates Inc. grew its position in shares of Paypal by 142.9% during the 4th quarter. D Orazio & Associates Inc. now owns 1,700 shares of the credit services provider’s stock valued at $125,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 82.15% of the company’s stock.

A number of research analysts have recently commented on the stock. BidaskClub upgraded shares of Paypal from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, January 10th. Stifel Nicolaus boosted their price target on shares of Paypal from $61.00 to $70.00 and gave the company a “hold” rating in a research report on Sunday, October 22nd. Zacks Investment Research upgraded shares of Paypal from a “hold” rating to a “buy” rating and set a $80.00 price target for the company in a research report on Thursday, October 26th. Cantor Fitzgerald restated a “buy” rating and set a $79.00 price target on shares of Paypal in a research report on Friday, October 20th. Finally, Stephens boosted their price target on shares of Paypal from $65.00 to $73.00 and gave the company an “overweight” rating in a research report on Tuesday, October 17th. Nine investment analysts have rated the stock with a hold rating, thirty-four have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $77.04.

Shares of Paypal Holdings Inc (NASDAQ PYPL) opened at $74.75 on Monday. The firm has a market cap of $89,711.96, a price-to-earnings ratio of 51.20, a price-to-earnings-growth ratio of 2.39 and a beta of 1.18. Paypal Holdings Inc has a one year low of $40.56 and a one year high of $86.32.

Paypal (NASDAQ:PYPL) last posted its quarterly earnings results on Wednesday, January 31st. The credit services provider reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.03. The business had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.64 billion. Paypal had a net margin of 13.71% and a return on equity of 11.59%. The firm’s revenue for the quarter was up 25.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.42 earnings per share. equities analysts anticipate that Paypal Holdings Inc will post 1.75 EPS for the current fiscal year.

In other Paypal news, CFO John D. Rainey sold 50,977 shares of the business’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $77.68, for a total value of $3,959,893.36. Following the completion of the sale, the chief financial officer now directly owns 114,020 shares of the company’s stock, valued at $8,857,073.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO William J. Ready sold 60,000 shares of the business’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $77.68, for a total transaction of $4,660,800.00. Following the completion of the sale, the chief operating officer now directly owns 95,944 shares of the company’s stock, valued at $7,452,929.92. The disclosure for this sale can be found here. Insiders sold 126,344 shares of company stock valued at $9,818,481 over the last three months. 6.00% of the stock is currently owned by insiders.

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About Paypal

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.

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Institutional Ownership by Quarter for Paypal (NASDAQ:PYPL)

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