International Assets Investment Management LLC Has $765,000 Stake in PayPal Holdings, Inc. $PYPL

International Assets Investment Management LLC lowered its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 14.6% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 10,296 shares of the credit services provider’s stock after selling 1,754 shares during the period. International Assets Investment Management LLC’s holdings in PayPal were worth $765,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in PYPL. Nuveen LLC bought a new position in shares of PayPal during the 1st quarter worth approximately $529,264,000. Goldman Sachs Group Inc. lifted its position in shares of PayPal by 44.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock worth $558,499,000 after buying an additional 2,638,815 shares in the last quarter. Deutsche Bank AG lifted its position in shares of PayPal by 19.1% during the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after buying an additional 1,798,330 shares in the last quarter. Invesco Ltd. lifted its position in shares of PayPal by 14.9% during the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after buying an additional 1,232,155 shares in the last quarter. Finally, Jupiter Asset Management Ltd. lifted its position in shares of PayPal by 301.7% during the 1st quarter. Jupiter Asset Management Ltd. now owns 1,156,955 shares of the credit services provider’s stock worth $75,491,000 after buying an additional 868,953 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on PYPL shares. JMP Securities dropped their target price on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a research report on Wednesday, July 30th. Barclays reissued an “overweight” rating on shares of PayPal in a research report on Tuesday, July 29th. Wall Street Zen cut shares of PayPal from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PayPal in a report on Wednesday, October 8th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $83.44.

Get Our Latest Stock Analysis on PayPal

Insider Activity at PayPal

In related news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the transaction, the insider directly owned 48,483 shares in the company, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of PayPal 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 worth $1,046,607. Corporate insiders own 0.08% of the company’s stock.

PayPal Stock Up 2.7%

PayPal stock opened at $69.20 on Tuesday. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The firm has a market capitalization of $66.11 billion, a price-to-earnings ratio of 14.79, a P/E/G ratio of 1.04 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 firm has a 50 day simple moving average of $68.93 and a 200 day simple moving average of $69.59.

PayPal (NASDAQ:PYPLGet 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, beating analysts’ consensus estimates of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The business had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. During the same period in the previous year, the business 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 predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

About PayPal

(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.

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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