Union Bancaire Privee UBP SA Sells 2,913 Shares of PayPal Holdings, Inc. $PYPL

Union Bancaire Privee UBP SA trimmed its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 17.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,254 shares of the credit services provider’s stock after selling 2,913 shares during the period. Union Bancaire Privee UBP SA’s holdings in PayPal were worth $1,059,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Gordian Capital Singapore Pte Ltd increased 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 during the last quarter. GSB Wealth Management LLC increased its holdings in PayPal by 1.7% during the second quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after buying an additional 140 shares during the last quarter. CreativeOne Wealth LLC increased its holdings in PayPal by 1.5% during the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock worth $613,000 after buying an additional 142 shares during the last quarter. Pitti Group Wealth Management LLC increased its holdings in PayPal by 1.5% during the second quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock worth $761,000 after buying an additional 147 shares during the last quarter. Finally, MONECO Advisors LLC increased its holdings in PayPal by 0.8% during the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock worth $1,334,000 after buying an additional 154 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PYPL has been the topic of a number of recent analyst reports. Seaport Res Ptn upgraded shares of PayPal from a “strong sell” rating to a “hold” rating in a report on Monday, July 14th. Macquarie reaffirmed an “outperform” rating and set a $95.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Citigroup reaffirmed a “buy” rating on shares of PayPal in a research report on Tuesday, July 29th. Piper Sandler set a $74.00 price objective on shares of PayPal in a research report on Tuesday, July 29th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $88.00 price objective on shares of PayPal in a research report on Thursday, June 26th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $84.50.

View Our Latest Stock Report on PYPL

Insider Activity

In other news, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.12, for a total value of $265,282.56. Following the completion of the sale, the executive vice president owned 16,989 shares of the company’s stock, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 transaction of $288,801.18. Following the completion of the sale, the insider directly owned 48,483 shares of the company’s stock, valued at approximately $3,364,235.37. The trade was 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. 0.08% of the stock is owned by company insiders.

PayPal Trading Down 3.8%

Shares of PayPal stock opened at $67.06 on Wednesday. The firm has a 50-day moving average of $69.23 and a 200-day moving average of $69.33. The stock has a market cap of $64.07 billion, a PE ratio of 14.33, a PEG ratio of 1.07 and a beta of 1.43. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66. 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:PYPLGet Free Report) last announced 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. The company had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same quarter in the previous year, the business 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, sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS 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.

Further Reading

Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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