PayPal Holdings, Inc. $PYPL Shares Sold by 111 Capital

111 Capital lowered its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 9.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 19,206 shares of the credit services provider’s stock after selling 2,026 shares during the quarter. 111 Capital’s holdings in PayPal were worth $1,427,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Gordian Capital Singapore Pte Ltd raised its holdings in shares of PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 138 shares during the period. GSB Wealth Management LLC raised its holdings in shares of PayPal by 1.7% during the second quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after purchasing an additional 140 shares during the period. CreativeOne Wealth LLC raised its stake in PayPal by 1.5% during the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock worth $613,000 after acquiring an additional 142 shares during the period. Pitti Group Wealth Management LLC raised its stake in PayPal by 1.5% during the second quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock worth $761,000 after acquiring an additional 147 shares during the period. Finally, MONECO Advisors LLC raised its stake in PayPal by 0.8% during the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock worth $1,334,000 after acquiring an additional 154 shares during the period. 68.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. BMO Capital Markets reiterated a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. JMP Securities dropped their target price on PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a research report on Wednesday, July 30th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $96.00 target price on shares of PayPal in a research report on Wednesday, July 30th. Macquarie reaffirmed an “outperform” rating and issued a $95.00 target price on shares of PayPal in a research report on Wednesday, July 30th. Finally, Seaport Res Ptn raised shares of PayPal from a “strong sell” rating to a “hold” rating in a report on Monday, July 14th. Seventeen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $84.50.

PayPal Stock Up 0.5%

PayPal stock opened at $69.25 on Friday. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The stock has a market cap of $66.16 billion, a price-to-earnings ratio of 14.80, a PEG ratio of 1.06 and a beta of 1.44. The company’s 50-day moving average price is $68.68 and its two-hundred day moving average price is $69.31.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The business had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. During the same quarter last year, the business 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. On average, analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Insider Activity

In other news, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.12, for a total value of $265,282.56. Following the transaction, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is owned by company insiders.

About PayPal

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.