Simplicity Wealth LLC Buys 8,325 Shares of PayPal Holdings, Inc. $PYPL

Simplicity Wealth LLC grew its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 214.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,200 shares of the credit services provider’s stock after acquiring an additional 8,325 shares during the period. Simplicity Wealth LLC’s holdings in PayPal were worth $907,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of PYPL. Gordian Capital Singapore Pte Ltd increased its stake 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 valued at $31,000 after buying an additional 138 shares during the period. GSB Wealth Management LLC grew its holdings in PayPal by 1.7% during the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after acquiring an additional 140 shares in the last quarter. CreativeOne Wealth LLC increased its position in PayPal by 1.5% during the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock valued at $613,000 after purchasing an additional 142 shares during the period. Pitti Group Wealth Management LLC raised its holdings in shares of PayPal by 1.5% in the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock valued at $761,000 after purchasing an additional 147 shares in the last quarter. Finally, MONECO Advisors LLC lifted its position in shares of PayPal by 0.8% in the 1st quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock worth $1,334,000 after purchasing an additional 154 shares during the period. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Insider Buying and Selling

In other PayPal news, CAO Chris Natali sold 7,102 shares of the firm’s stock in a transaction 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 legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction 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 owned 16,989 shares of the company’s stock, 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 sold 15,102 shares of company stock worth $1,046,607 in the last three months. Corporate insiders own 0.08% of the company’s stock.

PayPal Stock Up 2.9%

PayPal stock opened at $71.29 on Tuesday. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The business has a fifty day moving average price of $68.54 and a 200-day moving average price of $69.31. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The stock has a market capitalization of $68.11 billion, a price-to-earnings ratio of 15.23, a PEG ratio of 1.07 and a beta of 1.44.

PayPal (NASDAQ:PYPL) last released its quarterly earnings results 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. The company had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period last year, the business posted $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 research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on PYPL shares. BMO Capital Markets reissued a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. Citigroup reaffirmed a “buy” rating on shares of PayPal in a research report on Tuesday, July 29th. Seaport Res Ptn raised PayPal from a “strong sell” rating to a “hold” rating in a research report on Monday, July 14th. Macquarie reaffirmed an “outperform” rating and set a $95.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Finally, Piper Sandler set a $74.00 target price on PayPal in a research note on Tuesday, July 29th. Seventeen analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, PayPal has a consensus rating of “Hold” and an average target price 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.