PayPal Holdings, Inc. $PYPL Stock Holdings Decreased by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System decreased its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 2.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 122,400 shares of the credit services provider’s stock after selling 3,100 shares during the period. Louisiana State Employees Retirement System’s holdings in PayPal were worth $9,097,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PYPL. Evermay Wealth Management LLC lifted its position in 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 purchasing an additional 363 shares during the last quarter. Hilltop National Bank acquired a new stake in shares of PayPal in the second quarter valued at approximately $27,000. Garde Capital Inc. acquired a new stake in shares of PayPal in the first quarter valued at approximately $28,000. Tsfg LLC increased its stake in shares of PayPal by 81.6% in the first quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock valued at $29,000 after purchasing an additional 200 shares during the period. Finally, Gordian Capital Singapore Pte Ltd grew its holdings in PayPal by 41.2% in 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 in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

PayPal Stock Up 4.7%

PYPL stock opened at $74.61 on Wednesday. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66. The company’s 50 day simple moving average is $68.60 and its 200-day simple moving average is $69.35. 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 firm has a market capitalization of $71.28 billion, a P/E ratio of 15.94, a P/E/G ratio of 1.10 and a beta of 1.44.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The firm had revenue of $8.29 billion for the quarter, compared to analysts’ expectations of $8.08 billion. During the same period in the previous year, the company 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. As a group, equities research analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Insider Buying and Selling

In other news, EVP Diego Scotti sold 3,838 shares of the company’s 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 owned 16,989 shares in the company, valued at $1,174,279.68. This represents a 18.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 transaction of $492,523.70. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,102 shares of company stock valued at $1,046,607. Corporate insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

PYPL has been the subject of a number of recent analyst reports. Piper Sandler set a $74.00 price objective on PayPal in a report on Tuesday, July 29th. Rothschild & Co Redburn increased their price objective on shares of PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, September 16th. Weiss Ratings restated a “hold (c)” rating on shares of PayPal in a research report on Saturday, September 27th. JMP Securities cut their target price on PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a research report on Wednesday, July 30th. Finally, Citigroup reissued a “buy” rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average 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.