Global Trust Asset Management LLC Sells 796 Shares of PayPal Holdings, Inc. $PYPL

Global Trust Asset Management LLC trimmed its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 15.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,206 shares of the credit services provider’s stock after selling 796 shares during the period. Global Trust Asset Management LLC’s holdings in PayPal were worth $313,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Gordian Capital Singapore Pte Ltd boosted its holdings in PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after acquiring an additional 138 shares during the period. GSB Wealth Management LLC lifted its stake in shares of PayPal by 1.7% in the second quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock valued at $606,000 after buying an additional 140 shares during the period. CreativeOne Wealth LLC lifted its stake in shares of PayPal by 1.5% in the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock valued at $613,000 after buying an additional 142 shares during the period. Pitti Group Wealth Management LLC lifted its stake in shares of PayPal by 1.5% in the second quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock valued at $761,000 after buying an additional 147 shares during the period. Finally, MONECO Advisors LLC lifted its stake in shares of PayPal by 0.8% in the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock valued at $1,334,000 after buying an additional 154 shares during the period. 68.32% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

PYPL has been the subject of several research reports. Citigroup reiterated a “buy” rating on shares of PayPal in a research note on Tuesday, July 29th. Macquarie reiterated an “outperform” rating and issued a $95.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Rothschild & Co Redburn increased their target price on shares of PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, September 16th. Wall Street Zen upgraded shares of PayPal from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Finally, Barclays reiterated an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, PayPal currently has an average rating of “Hold” and a consensus price target of $84.50.

PayPal Stock Up 0.8%

Shares of PYPL opened at $67.30 on Monday. The stock has a market cap of $64.30 billion, a price-to-earnings ratio of 14.38, a P/E/G ratio of 1.04 and a beta of 1.43. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The company has a 50-day moving average price of $69.51 and a two-hundred day moving average price of $69.34.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.10. The firm had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same quarter last year, the company earned $1.19 earnings per share. PayPal has set its Q3 2025 guidance at 1.180-1.220 EPS. FY 2025 guidance at 5.150-5.300 EPS. Equities analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Insider Transactions at PayPal

In other news, CAO Chris Natali sold 7,102 shares of the firm’s stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.12, for a total transaction of $265,282.56. Following the sale, the executive vice president directly owned 16,989 shares of the company’s stock, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,102 shares of company stock valued at $1,046,607. Corporate insiders own 0.08% of the company’s stock.

PayPal Profile

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.