PayPal Holdings, Inc. $PYPL Shares Bought by United Asset Strategies Inc.

United Asset Strategies Inc. lifted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 7.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,011 shares of the credit services provider’s stock after buying an additional 3,208 shares during the period. United Asset Strategies Inc.’s holdings in PayPal were worth $3,002,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PYPL. Vanguard Group Inc. boosted its position in PayPal by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock worth $5,625,976,000 after acquiring an additional 276,339 shares during the period. Deutsche Bank AG increased its holdings in shares of PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after purchasing an additional 1,798,330 shares during the period. Northern Trust Corp increased its holdings in shares of PayPal by 19.0% during the fourth quarter. Northern Trust Corp now owns 10,462,251 shares of the credit services provider’s stock valued at $892,953,000 after purchasing an additional 1,669,908 shares during the period. Invesco Ltd. raised its stake in shares of PayPal by 14.9% during the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock valued at $620,924,000 after purchasing an additional 1,232,155 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in PayPal by 44.6% in the first 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 period. 68.32% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

PYPL has been the topic of several research analyst reports. Barclays reissued an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. Truist Financial initiated coverage on shares of PayPal in a research note on Monday, June 2nd. They issued a “sell” rating and a $68.00 price target for the company. Robert W. Baird raised their price objective on shares of PayPal from $78.00 to $79.00 and gave the company an “outperform” rating in a research note on Wednesday, April 30th. Macquarie reissued an “outperform” rating and set a $95.00 target price on shares of PayPal in a report on Wednesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 target price on PayPal in a research report on Tuesday, July 29th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $85.00.

Insider Activity

In other PayPal news, EVP Diego Scotti sold 3,839 shares of PayPal stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $73.24, for a total transaction of $281,168.36. Following the transaction, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,244,274.36. The trade was a 18.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Deborah M. Messemer sold 3,795 shares of the stock in a transaction on Friday, June 6th. The shares were sold at an average price of $73.00, for a total value of $277,035.00. Following the completion of the sale, the director owned 13,976 shares of the company’s stock, valued at $1,020,248. The trade was a 21.36% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 26,898 shares of company stock worth $1,909,636. Company insiders own 0.08% of the company’s stock.

PayPal Trading Down 1.4%

Shares of PYPL opened at $68.08 on Thursday. The business’s 50-day moving average price is $72.23 and its 200 day moving average price is $70.52. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $65.04 billion, a P/E ratio of 14.55, a P/E/G ratio of 1.06 and a beta of 1.42. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66.

PayPal (NASDAQ:PYPL) last announced its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping the consensus estimate 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 period last 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. Analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

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.