PayPal Holdings, Inc. $PYPL Shares Purchased by Cardinal Point Capital Management ULC

Cardinal Point Capital Management ULC boosted its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 46.0% during the 2nd quarter, Holdings Channel reports. The firm owned 17,095 shares of the credit services provider’s stock after acquiring an additional 5,390 shares during the quarter. Cardinal Point Capital Management ULC’s holdings in PayPal were worth $1,270,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Gallagher Capital Advisors LLC grew its position in PayPal by 30.2% during the 2nd quarter. Gallagher Capital Advisors LLC now owns 5,945 shares of the credit services provider’s stock worth $442,000 after purchasing an additional 1,378 shares during the last quarter. Paralel Advisors LLC grew its position in PayPal by 0.6% during the 2nd quarter. Paralel Advisors LLC now owns 540,945 shares of the credit services provider’s stock worth $40,203,000 after purchasing an additional 3,478 shares during the last quarter. Cornerstone Advisory LLC purchased a new stake in PayPal during the 2nd quarter worth approximately $200,000. Schaper Benz & Wise Investment Counsel Inc. WI grew its position in PayPal by 11.2% during the 2nd quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 187,653 shares of the credit services provider’s stock worth $13,946,000 after purchasing an additional 18,931 shares during the last quarter. Finally, Bleakley Financial Group LLC grew its position in PayPal by 18.5% during the 2nd quarter. Bleakley Financial Group LLC now owns 22,957 shares of the credit services provider’s stock worth $1,706,000 after purchasing an additional 3,582 shares during the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

PayPal Price Performance

Shares of NASDAQ:PYPL opened at $69.66 on Friday. The company has a 50-day simple moving average of $68.93 and a 200-day simple moving average of $69.66. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The stock has a market capitalization of $66.55 billion, a price-to-earnings ratio of 14.88, a PEG ratio of 1.05 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 (NASDAQ:PYPL) last posted its quarterly 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 business had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period last year, the firm 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 EPS for the current year.

Insider Buying and Selling at PayPal

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the business’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 transaction, the executive vice president owned 16,989 shares in the company, valued at $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the transaction, the insider 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 disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,102 shares of company stock valued at $1,046,607. Company insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

PYPL has been the subject of a number of research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $88.00 target price on shares of PayPal in a report on Thursday, June 26th. Canaccord Genuity Group restated a “buy” rating and issued a $96.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. KeyCorp restated a “hold” rating on shares of PayPal in a research report on Wednesday. Citigroup upgraded PayPal to a “hold” rating in a research report on Thursday. Finally, Seaport Res Ptn upgraded PayPal from a “strong sell” rating to a “hold” rating in a report on Monday, July 14th. Fifteen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, PayPal presently has a consensus rating of “Hold” and a consensus target price of $82.57.

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.