PayPal Holdings, Inc. $PYPL Shares Bought by Lafayette Investments Inc.

Lafayette Investments Inc. boosted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 3.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 60,312 shares of the credit services provider’s stock after purchasing an additional 1,975 shares during the quarter. Lafayette Investments Inc.’s holdings in PayPal were worth $4,482,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Evermay Wealth Management LLC increased its stake in 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 acquiring an additional 363 shares during the last quarter. Hilltop National Bank purchased a new position in shares of PayPal during the 2nd quarter worth $27,000. Garde Capital Inc. acquired a new stake in shares of PayPal during the 1st quarter worth about $28,000. Tsfg LLC raised its holdings in PayPal by 81.6% in the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock valued at $29,000 after buying an additional 200 shares during the period. Finally, Gordian Capital Singapore Pte Ltd lifted its position in PayPal by 41.2% in the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after buying an additional 138 shares during the last quarter. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

PayPal Stock Performance

Shares of PYPL stock opened at $69.20 on Tuesday. The stock’s 50-day moving average price is $68.93 and its 200 day moving average price is $69.59. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $66.11 billion, a PE ratio of 14.79, a price-to-earnings-growth ratio of 1.04 and a beta of 1.44. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66.

PayPal (NASDAQ:PYPL) last released its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) 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 business had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. During the same quarter in the previous year, the company posted $1.19 earnings per share. 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 forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Insider Activity at PayPal

In other 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 transaction of $288,801.18. Following the completion of the sale, the insider directly owned 48,483 shares in the company, valued at approximately $3,364,235.37. This trade represents a 7.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Chris Natali sold 7,102 shares of the business’s stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The disclosure for this sale can be found here. Insiders sold a total of 15,102 shares of company stock worth $1,046,607 over the last 90 days. Company insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on PYPL. Morgan Stanley reissued a “positive” rating on shares of PayPal in a research note on Wednesday, July 30th. Wall Street Zen cut shares of PayPal from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Piper Sandler set a $74.00 price objective on PayPal in a research report on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of PayPal in a report on Tuesday, July 29th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $88.00 price target on shares of PayPal in a report on Thursday, June 26th. Sixteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $83.44.

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.