DSC Advisors L.P. lessened its holdings in Paypal Holdings Inc (NASDAQ:PYPL) by 17.4% in the 4th quarter, HoldingsChannel reports. The firm owned 7,077 shares of the credit services provider’s stock after selling 1,489 shares during the quarter. DSC Advisors L.P.’s holdings in Paypal were worth $521,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. San Francisco Sentry Investment Group CA increased its stake in shares of Paypal by 352.8% in 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 increased its stake in shares of Paypal by 230.4% in 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. Truewealth LLC purchased a new position in shares of Paypal in the 4th quarter valued at about $106,000. Front Row Advisors LLC purchased a new position in shares of Paypal in the 4th quarter valued at about $111,000. Finally, Risk Paradigm Group LLC increased its stake in shares of Paypal by 282.5% in the 4th quarter. Risk Paradigm Group LLC now owns 1,530 shares of the credit services provider’s stock valued at $113,000 after purchasing an additional 1,130 shares in the last quarter. Hedge funds and other institutional investors own 80.58% of the company’s stock.

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In related news, VP Aaron Anderson sold 9,367 shares of the company’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $77.84, for a total value of $729,127.28. Following the transaction, the vice president now directly owns 18,480 shares in the company, valued at $1,438,483.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Daniel H. Schulman sold 26,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $80.66, for a total value of $2,097,160.00. Following the completion of the transaction, the insider now owns 268,189 shares in the company, valued at $21,632,124.74. The disclosure for this sale can be found here. Insiders sold 196,413 shares of company stock worth $15,348,028 over the last quarter. 6.00% of the stock is currently owned by insiders.

Several equities analysts recently weighed in on PYPL shares. Cantor Fitzgerald restated a “buy” rating and issued a $85.00 price target on shares of Paypal in a research note on Thursday, February 1st. BTIG Research restated a “buy” rating and issued a $81.00 price target on shares of Paypal in a research note on Sunday, November 19th. Vetr upgraded Paypal from a “hold” rating to a “buy” rating and set a $80.21 price target for the company in a research note on Wednesday, November 29th. Robert W. Baird lifted their price target on Paypal from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Thursday, November 16th. Finally, Zacks Investment Research upgraded Paypal from a “hold” rating to a “buy” rating and set a $84.00 price target for the company in a research note on Wednesday, December 20th. Nine research analysts have rated the stock with a hold rating, thirty-four have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $76.97.

Paypal Holdings Inc (NASDAQ PYPL) opened at $80.20 on Wednesday. Paypal Holdings Inc has a twelve month low of $41.74 and a twelve month high of $86.32. The company has a market capitalization of $96,250.00 and a P/E ratio of 49.51.

Paypal (NASDAQ:PYPL) last released its quarterly earnings data on Wednesday, January 31st. The credit services provider reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.03. Paypal had a return on equity of 11.59% and a net margin of 13.71%. The firm had revenue of $3.74 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same period in the prior year, the firm posted $0.42 earnings per share. The firm’s quarterly revenue was up 25.6% on a year-over-year basis. research analysts expect that Paypal Holdings Inc will post 1.73 EPS for the current fiscal year.

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Paypal Company Profile

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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