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Investors increased stakes in PayPal, which reported stronger-than-expected revenue growth.
Annis Gardner Whiting Capital Advisors LLC increased its PayPal Holdings, Inc. (NASDAQ: PYPL) stake by 515 shares in the fourth quarter, totaling 8,024 shares, worth about $685,000.
PayPal reported a 4.2% revenue increase to $8.37 billion, beating estimates.
Systematic Alpha Investments LLC also boosted its PayPal holdings by 3,410 shares, making a total of 9,171 shares, valued at $783,000.
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Los inversores aumentaron las participaciones en PayPal, que informó de un crecimiento de los ingresos más fuerte de lo esperado.