Atria Wealth Solutions Inc. Lowers Stock Position in PayPal Holdings, Inc. $PYPL

Atria Wealth Solutions Inc. decreased its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 44.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,943 shares of the credit services provider’s stock after selling 12,552 shares during the period. Atria Wealth Solutions Inc.’s holdings in PayPal were worth $1,206,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Evermay Wealth Management LLC increased its position 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 valued at $27,000 after purchasing an additional 363 shares during the last quarter. Hilltop National Bank bought a new stake in PayPal in the second quarter worth about $27,000. Garde Capital Inc. purchased a new position in PayPal in the first quarter valued at about $28,000. Tsfg LLC grew its position in shares of PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock valued at $29,000 after acquiring an additional 200 shares during the period. Finally, Gordian Capital Singapore Pte Ltd increased its stake in shares of 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 purchasing an additional 138 shares during the last quarter. Institutional investors own 68.32% of the company’s stock.

PayPal Trading Down 2.8%

Shares of PayPal stock opened at $66.05 on Friday. The company’s 50-day moving average price is $68.90 and its 200-day moving average price is $69.44. The company has a market cap of $63.10 billion, a price-to-earnings ratio of 14.11, a PEG ratio of 1.05 and a beta of 1.44. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL) last posted its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion for 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 period in the prior year, the company posted $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, equities analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Analyst Ratings Changes

PYPL has been the subject of several research reports. Rothschild & Co Redburn increased their price objective on PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, September 16th. Piper Sandler set a $74.00 price objective on PayPal in a report on Tuesday, July 29th. Seaport Res Ptn upgraded PayPal from a “strong sell” rating to a “hold” rating in a research note on Monday, July 14th. Canaccord Genuity Group reiterated a “buy” rating and set a $96.00 target price on shares of PayPal in a research report on Wednesday, July 30th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $88.00 price target on shares of PayPal in a research report on Thursday, June 26th. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $83.50.

Insider Activity at PayPal

In related news, 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 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the firm’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 directly owned 16,989 shares in the company, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 15,102 shares of company stock valued at $1,046,607. Company insiders own 0.08% of the company’s stock.

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.