Cullinan Associates Inc. Raises Stock Position in PayPal Holdings, Inc. $PYPL

Cullinan Associates Inc. grew its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 13.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,815 shares of the credit services provider’s stock after acquiring an additional 3,100 shares during the period. Cullinan Associates Inc.’s holdings in PayPal were worth $1,919,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in PYPL. Evermay Wealth Management LLC raised its stake in shares of PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $27,000 after acquiring an additional 363 shares during the period. Hilltop National Bank purchased a new position in shares of PayPal in the 2nd quarter valued at $27,000. Garde Capital Inc. purchased a new stake in PayPal during the 1st quarter worth $28,000. Tsfg LLC increased its stake in PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock worth $29,000 after buying an additional 200 shares during the period. Finally, Gordian Capital Singapore Pte Ltd increased its stake in PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after buying an additional 138 shares during the period. Hedge funds and other institutional investors own 68.32% of the company’s stock.

PayPal Trading Up 0.5%

PayPal stock opened at $69.25 on Monday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. The firm has a 50-day moving average price of $68.68 and a two-hundred day moving average price of $69.30. The firm has a market capitalization of $66.16 billion, a price-to-earnings ratio of 14.80, a PEG ratio of 1.07 and a beta of 1.44. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66.

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

Insider Buying and Selling

In related news, CAO Chris Natali sold 7,102 shares of the business’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 value of $492,523.70. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the business’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 completion of the sale, the executive vice president owned 16,989 shares in the company, valued at $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. Insiders have sold 15,102 shares of company stock worth $1,046,607 in the last ninety days. 0.08% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on PYPL. Macquarie reaffirmed an “outperform” rating and set a $95.00 price target on shares of PayPal in a research note on Wednesday, July 30th. Rothschild & Co Redburn lifted their price target on shares of PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 16th. Morgan Stanley reaffirmed a “positive” rating on shares of PayPal in a research note on Wednesday, July 30th. JMP Securities dropped their price target on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a research note on Wednesday, July 30th. Finally, Wall Street Zen downgraded shares of PayPal from a “buy” rating to a “hold” rating in a research note on Saturday. Seventeen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, PayPal presently has a consensus rating of “Hold” and a consensus price target of $84.50.

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.