PayPal Holdings, Inc. (NASDAQ:PYPL) Shares Purchased by Johanson Financial Advisors Inc.

Johanson Financial Advisors Inc. raised its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 6.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,723 shares of the credit services provider’s stock after purchasing an additional 211 shares during the period. Johanson Financial Advisors Inc.’s holdings in PayPal were worth $995,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Calamos Advisors LLC boosted its stake in PayPal by 0.9% during the 1st quarter. Calamos Advisors LLC now owns 351,894 shares of the credit services provider’s stock valued at $85,454,000 after purchasing an additional 3,199 shares during the period. NorthCoast Asset Management LLC lifted its stake in shares of PayPal by 144.4% in the 4th quarter. NorthCoast Asset Management LLC now owns 6,759 shares of the credit services provider’s stock worth $1,583,000 after acquiring an additional 3,994 shares during the period. Teacher Retirement System of Texas lifted its stake in shares of PayPal by 13.2% in the 4th quarter. Teacher Retirement System of Texas now owns 290,163 shares of the credit services provider’s stock worth $67,956,000 after acquiring an additional 33,838 shares during the period. Rational Advisors LLC lifted its stake in shares of PayPal by 302.4% in the 4th quarter. Rational Advisors LLC now owns 5,545 shares of the credit services provider’s stock worth $1,299,000 after acquiring an additional 4,167 shares during the period. Finally, DDD Partners LLC lifted its stake in shares of PayPal by 5.2% in the 4th quarter. DDD Partners LLC now owns 24,054 shares of the credit services provider’s stock worth $5,633,000 after acquiring an additional 1,187 shares during the period. 82.29% of the stock is owned by hedge funds and other institutional investors.

In other news, CFO John D. Rainey sold 73,758 shares of the stock in a transaction on Wednesday, March 3rd. The shares were sold at an average price of $261.18, for a total value of $19,264,114.44. Following the completion of the transaction, the chief financial officer now owns 172,703 shares in the company, valued at approximately $45,106,569.54. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Daniel H. Schulman sold 10,000 shares of the stock in a transaction on Tuesday, February 16th. The shares were sold at an average price of $304.32, for a total transaction of $3,043,200.00. Following the completion of the transaction, the chief executive officer now owns 150,568 shares of the company’s stock, valued at approximately $45,820,853.76. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 247,350 shares of company stock valued at $65,644,738. Corporate insiders own 0.12% of the company’s stock.

A number of research firms recently commented on PYPL. BMO Capital Markets boosted their target price on shares of PayPal from $216.00 to $241.00 and gave the stock a “market perform” rating in a report on Friday, February 5th. They noted that the move was a valuation call. Redburn Partners began coverage on shares of PayPal in a report on Thursday, March 18th. They issued a “buy” rating on the stock. KeyCorp boosted their target price on shares of PayPal from $300.00 to $310.00 and gave the stock an “overweight” rating in a report on Friday, February 12th. Jefferies Financial Group boosted their price target on shares of PayPal from $280.00 to $310.00 and gave the company a “buy” rating in a report on Thursday, February 4th. Finally, BTIG Research restated a “buy” rating and set a $345.00 price target on shares of PayPal in a report on Tuesday, March 30th. Six investment analysts have rated the stock with a hold rating, thirty-five have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $279.00.

NASDAQ:PYPL traded down $1.90 during trading hours on Thursday, hitting $262.99. 233,276 shares of the company traded hands, compared to its average volume of 9,156,433. The stock has a market capitalization of $308.82 billion, a price-to-earnings ratio of 100.57, a P/E/G ratio of 3.53 and a beta of 1.12. PayPal Holdings, Inc. has a twelve month low of $109.91 and a twelve month high of $309.14. The firm has a 50-day moving average of $250.91 and a 200 day moving average of $233.69. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.48.

PayPal (NASDAQ:PYPL) last released its earnings results on Wednesday, February 3rd. The credit services provider reported $1.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.00 by $0.08. The firm had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.09 billion. PayPal had a net margin of 15.48% and a return on equity of 18.31%. The business’s quarterly revenue was up 23.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.86 EPS. Equities research analysts predict that PayPal Holdings, Inc. will post 2.8 earnings per share for the current fiscal year.

About PayPal

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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