PayPal Holdings, Inc. $PYPL Shares Sold by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC trimmed its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 12.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,930 shares of the credit services provider’s stock after selling 565 shares during the period. Sage Mountain Advisors LLC’s holdings in PayPal were worth $292,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Gordian Capital Singapore Pte Ltd boosted its holdings in PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after buying an additional 138 shares in the last quarter. GSB Wealth Management LLC boosted its stake in shares of PayPal by 1.7% during the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after acquiring an additional 140 shares in the last quarter. CreativeOne Wealth LLC boosted its stake in shares of PayPal by 1.5% during the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock worth $613,000 after acquiring an additional 142 shares in the last quarter. Pitti Group Wealth Management LLC grew its position in shares of PayPal by 1.5% during the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock valued at $761,000 after acquiring an additional 147 shares during the period. Finally, MONECO Advisors LLC increased its stake in shares of PayPal by 0.8% in the 1st quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock valued at $1,334,000 after purchasing an additional 154 shares in the last quarter. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at PayPal

In related news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction that occurred on 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 approximately $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction that occurred 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 have sold 15,102 shares of company stock valued at $1,046,607 over the last ninety days. Insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on PYPL shares. Rothschild & Co Redburn increased their price target on PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 16th. Barclays reissued an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. KeyCorp reissued a “hold” rating on shares of PayPal in a report on Wednesday, October 22nd. BMO Capital Markets reissued a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. Finally, Macquarie reissued an “outperform” rating and issued a $95.00 price objective on shares of PayPal in a report on Wednesday, July 30th. Fifteen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $82.46.

Read Our Latest Stock Report on PYPL

PayPal Stock Performance

Shares of NASDAQ:PYPL opened at $69.77 on Monday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The business’s 50 day moving average price is $68.94 and its 200-day moving average price is $69.88. The firm has a market capitalization of $66.66 billion, a PE ratio of 14.91, a P/E/G ratio of 1.08 and a beta of 1.44. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66.

PayPal (NASDAQ:PYPLGet Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.10. The firm had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period 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 expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal 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.

Further Reading

Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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