PDS Planning Inc lifted its stake in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 17.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,988 shares of the credit services provider’s stock after buying an additional 582 shares during the period. PDS Planning Inc’s holdings in PayPal were worth $296,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Hilltop National Bank acquired a new stake in PayPal in the second quarter valued at approximately $27,000. Evermay Wealth Management LLC lifted its position in shares of PayPal by 726.0% during the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 363 shares in the last quarter. Garde Capital Inc. purchased a new position in shares of PayPal in the first quarter valued at $28,000. Tsfg LLC grew its holdings in PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock valued at $29,000 after purchasing an additional 200 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd grew its holdings 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 valued at $31,000 after purchasing an additional 138 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.
Analyst Upgrades and Downgrades
PYPL has been the topic of several recent analyst reports. Macquarie reiterated an “outperform” rating and issued a $95.00 price target on shares of PayPal in a research note on Wednesday, July 30th. Wall Street Zen downgraded PayPal from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Deutsche Bank Aktiengesellschaft set a $75.00 target price on PayPal in a research report on Tuesday, July 29th. Weiss Ratings reissued a “hold (c)” rating on shares of PayPal in a research report on Wednesday, October 8th. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $96.00 price target 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $84.66.
Insider Buying and Selling at PayPal
In other news, CAO Chris Natali sold 7,102 shares of the firm’s 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 document filed with the SEC, which can be accessed through the SEC website. Also, 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 transaction of $265,282.56. Following the completion of the sale, the executive vice president directly owned 16,989 shares of the company’s stock, valued at $1,174,279.68. The trade was a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 15,102 shares of company stock valued at $1,046,607 in the last quarter. Corporate insiders own 0.08% of the company’s stock.
PayPal Stock Performance
Shares of PYPL opened at $69.90 on Monday. The firm has a fifty day moving average of $68.92 and a 200-day moving average of $69.42. The company has a market cap of $66.78 billion, a price-to-earnings ratio of 14.94, a price-to-earnings-growth ratio of 1.08 and a beta of 1.44. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66.
PayPal (NASDAQ:PYPL – Get Free Report) last released its quarterly earnings data 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 business 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. As a group, equities analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.
PayPal Company 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.
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