PayPal Holdings, Inc. $PYPL Position Lifted by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC raised its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 1.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,297 shares of the credit services provider’s stock after acquiring an additional 374 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in PayPal were worth $1,731,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in PYPL. Brighton Jones LLC boosted its stake in PayPal by 15.2% during the 4th quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock valued at $596,000 after acquiring an additional 924 shares during the last quarter. Revolve Wealth Partners LLC bought a new position in shares of PayPal in the 4th quarter worth about $248,000. Integrated Advisors Network LLC lifted its position in shares of PayPal by 39.1% in the 1st quarter. Integrated Advisors Network LLC now owns 9,419 shares of the credit services provider’s stock worth $615,000 after buying an additional 2,647 shares during the last quarter. Everhart Financial Group Inc. lifted its position in shares of PayPal by 22.0% in the 1st quarter. Everhart Financial Group Inc. now owns 5,633 shares of the credit services provider’s stock worth $368,000 after buying an additional 1,014 shares during the last quarter. Finally, Hennessy Advisors Inc. lifted its position in shares of PayPal by 5.3% in the 1st quarter. Hennessy Advisors Inc. now owns 20,000 shares of the credit services provider’s stock worth $1,305,000 after buying an additional 1,000 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors.

PayPal Stock Down 7.7%

PayPal stock opened at $69.90 on Friday. The stock has a market cap of $66.78 billion, a price-to-earnings ratio of 14.94, a PEG ratio of 1.08 and a beta of 1.44. 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 company’s 50-day moving average price is $68.92 and its two-hundred day moving average price is $69.42. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66.

PayPal (NASDAQ:PYPLGet Free Report) last released its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, beating the consensus estimate of $1.30 by $0.10. The firm had revenue of $8.29 billion for 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 EPS. 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 Buying and Selling at PayPal

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.12, for a total transaction of $265,282.56. Following the transaction, the executive vice president owned 16,989 shares of the company’s stock, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the completion of the sale, the insider owned 48,483 shares in the company, valued at $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 15,102 shares of company stock valued at $1,046,607. Company insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Barclays restated an “overweight” rating on shares of PayPal in a research report on Tuesday, July 29th. Canaccord Genuity Group restated a “buy” rating and issued a $96.00 price target on shares of PayPal in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of PayPal in a research report on Tuesday, July 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $88.00 price objective on shares of PayPal in a report on Thursday, June 26th. Finally, Macquarie reissued an “outperform” rating and set a $95.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $84.66.

Check Out Our Latest Analysis on PayPal

PayPal Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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