WoodTrust Financial Corp trimmed its stake in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 0.1% in the second quarter, Holdings Channel reports. The firm owned 159,150 shares of the credit services provider’s stock after selling 215 shares during the quarter. PayPal comprises approximately 1.4% of WoodTrust Financial Corp’s investment portfolio, making the stock its 17th biggest position. WoodTrust Financial Corp’s holdings in PayPal were worth $11,828,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of PYPL. Hilltop National Bank acquired a new stake in PayPal during the 2nd quarter worth approximately $27,000. Evermay Wealth Management LLC raised its holdings in shares of PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after buying an additional 363 shares in the last quarter. Garde Capital Inc. acquired a new position in shares of PayPal during the 1st quarter worth $28,000. Tsfg LLC grew its position in PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock worth $29,000 after acquiring an additional 200 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd grew its position in PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 138 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors.
Insider Activity at PayPal
In related news, insider Suzan Kereere sold 4,162 shares of the business’s 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 completion of the transaction, the insider directly owned 48,483 shares in the company, valued at $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the company’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 owned 16,989 shares of the company’s stock, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,102 shares of company stock valued at $1,046,607 over the last ninety days. 0.08% of the stock is owned by company insiders.
PayPal Trading Up 4.7%
PayPal (NASDAQ:PYPL – Get Free Report) last released its quarterly earnings data 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. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The business had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. During the same quarter in the prior 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. Sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.
Analyst Ratings Changes
PYPL has been the topic of a number of analyst reports. BMO Capital Markets reiterated a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. Wall Street Zen downgraded PayPal from a “buy” rating to a “hold” rating in a research note on Saturday. Citigroup reaffirmed a “buy” rating on shares of PayPal in a report on Tuesday, July 29th. Canaccord Genuity Group reissued a “buy” rating and set a $96.00 price objective on shares of PayPal in a report on Wednesday, July 30th. Finally, Piper Sandler set a $74.00 price target on PayPal in a report on Tuesday, July 29th. Seventeen investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $84.50.
View Our Latest Research Report on PYPL
About PayPal
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.
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