Forza Wealth Management LLC Acquires 1,221 Shares of PayPal Holdings, Inc. $PYPL

Forza Wealth Management LLC boosted its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 27.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,743 shares of the credit services provider’s stock after buying an additional 1,221 shares during the quarter. Forza Wealth Management LLC’s holdings in PayPal were worth $427,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in PYPL. Nuveen LLC bought a new position in PayPal during the 1st quarter worth approximately $529,264,000. Goldman Sachs Group Inc. raised its holdings in 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 purchasing an additional 2,638,815 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in PayPal by 124.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 3,497,415 shares of the credit services provider’s stock worth $228,206,000 after purchasing an additional 1,936,520 shares during the last quarter. Deutsche Bank AG raised its holdings in 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 purchasing an additional 1,798,330 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in 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 purchasing an additional 1,232,155 shares during the last quarter. Institutional investors own 68.32% of the company’s stock.

Insiders Place Their Bets

In other PayPal news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction 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 transaction, the insider directly owned 48,483 shares of the company’s stock, valued at $3,364,235.37. The trade was a 7.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 completion of the transaction, the executive vice president directly owned 16,989 shares in the company, valued at $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,102 shares of company stock valued at $1,046,607 in the last three months. 0.08% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

PYPL has been the subject of several research analyst reports. Piper Sandler set a $74.00 price objective on shares of PayPal in a research note on Tuesday, July 29th. Canaccord Genuity Group reiterated a “buy” rating and issued a $96.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. Wall Street Zen upgraded shares of PayPal from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. BMO Capital Markets reiterated a “market perform” rating on shares of PayPal in a research note on Tuesday, July 29th. Finally, Citigroup reiterated a “buy” rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $84.50.

PayPal Price Performance

PYPL opened at $67.06 on Wednesday. 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 company has a market capitalization of $64.07 billion, a price-to-earnings ratio of 14.33, a P/E/G ratio of 1.07 and a beta of 1.43. The firm’s fifty day moving average price is $69.23 and its two-hundred day moving average price is $69.33. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data 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 the consensus estimate of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same period in the previous 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. As a group, analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

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.