Bayforest Capital Ltd Trims Holdings in PayPal Holdings, Inc. $PYPL

Bayforest Capital Ltd cut its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 9.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,361 shares of the credit services provider’s stock after selling 462 shares during the quarter. Bayforest Capital Ltd’s holdings in PayPal were worth $324,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of PayPal by 0.3% in the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock valued at $5,625,976,000 after purchasing an additional 276,339 shares in the last quarter. Deutsche Bank AG boosted its stake in PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after buying an additional 1,798,330 shares during the period. Invesco Ltd. boosted its stake in PayPal by 14.9% during the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock valued at $620,924,000 after buying an additional 1,232,155 shares during the period. Goldman Sachs Group Inc. boosted its stake in PayPal by 44.6% during the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after buying an additional 2,638,815 shares during the period. Finally, Nuveen LLC bought a new stake in PayPal during the first quarter valued at $529,264,000. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CAO Chris Natali sold 7,102 shares of the business’s stock in a transaction dated 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 filing with the SEC, which is accessible through this link. Also, insider Suzan Kereere sold 4,162 shares of the business’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the transaction, the insider owned 48,483 shares in the company, valued at approximately $3,364,235.37. This represents a 7.91% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,102 shares of company stock valued at $1,046,607. Insiders own 0.08% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on PYPL shares. Morgan Stanley reissued a “positive” rating on shares of PayPal in a research note on Wednesday, July 30th. Barclays reissued an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. Seaport Res Ptn raised PayPal from a “strong sell” rating to a “hold” rating in a research note on Monday, July 14th. Royal Bank Of Canada reissued an “outperform” rating and set a $88.00 price objective on shares of PayPal in a research note on Thursday, June 26th. Finally, Macquarie reissued an “outperform” rating and set a $95.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $83.50.

PayPal Trading Down 1.7%

NASDAQ PYPL opened at $67.98 on Thursday. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. 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 stock has a 50-day moving average of $68.94 and a 200-day moving average of $69.43. The firm has a market cap of $64.95 billion, a PE ratio of 14.53, a price-to-earnings-growth ratio of 1.07 and a beta of 1.44.

PayPal (NASDAQ:PYPL) last released its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.10. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The company had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. During the same quarter 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, sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS 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.