Nancy Pelosi Stock Portfolio: 5 Latest Stocks To Consider

In this article, we discuss 5 latest stocks to consider in the portfolio of Nancy Pelosi. If you want to read about some more stocks to consider in the portfolio of Nancy Pelosi, go directly to Nancy Pelosi Stock Portfolio: 10 Latest Stocks To Consider.

5. PayPal Holdings, Inc. (NASDAQ:PYPL)

Number of Hedge Fund Holders: 100    

PayPal Holdings, Inc. (NASDAQ:PYPL) is a digital payments firm. A financial disclosure report shows that Pelosi exercised 50 CALL options (5,000 shares) on PayPal Holdings, Inc. (NASDAQ:PYPL) stock in January 2022 worth somewhere between $500,000 and $1,000,000. The report is dated late February 2022 and signed by the Speaker herself. 

On June 20, Truist analyst Andrew Jeffrey maintained a Hold rating on PayPal Holdings, Inc. (NASDAQ:PYPL) stock and lowered the price target to $80 from $85, noting the firm was losing “US branded SMB market share to Digital Native disruptors”. 

At the end of the first quarter of 2022, 100 hedge funds in the database of Insider Monkey held stakes worth $6.2 billion in PayPal Holdings, Inc. (NASDAQ:PYPL), compared to 110 in the preceding quarter worth $9.9 billion.

In its Q1 2022 investor letter, Baron Funds, an asset management firm, highlighted a few stocks and PayPal Holdings, Inc. (NASDAQ:PYPL) was one of them. Here is what the fund said:

“PayPal Holdings, Inc. (NASDAQ:PYPL) enables digital payments for consumers and merchants worldwide. Shares fell on disappointing 2022 guidance that called for 15% to 17% revenue growth but flat EPS growth due to higher credit costs and a higher tax rate. Management also tempered user growth expectations due to a strategic shift toward improving engagement of existing users and away from less-productive new user acquisition. Despite reduced earnings expectations, we believe the share price decline is overdone given PayPal’s growth opportunities and competitive advantages. We reduced PayPal Holdings, Inc. (NASDAQ:PYPL).as it became clear that strong growth trends during the early part of the pandemic were not persisting in a more normal environment.”