PayPal (NASDAQ:PYPL) Insider Suzan Kereere Sells 4,162 Shares of Stock

PayPal Holdings, Inc. (NASDAQ:PYPL) insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the sale, 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Suzan Kereere also recently made the following trade(s):

• On Friday, June 6th, Suzan Kereere sold 4,162 shares of PayPal stock. The shares were sold at an average price of $73.24, for a total value of $304,824.88.

PayPal Stock Performance

Shares of PYPL stock 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. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The firm has a market capitalization of $65.04 billion, a price-to-earnings ratio of 14.55, a PEG ratio of 1.06 and a beta of 1.42. 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 announced its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.10. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The firm had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. During the same period last year, the firm 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. Equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on PYPL shares. Barclays reissued an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. JMP Securities cut their price objective on PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a research note on Wednesday, July 30th. Robert W. Baird lifted their price objective on PayPal from $78.00 to $79.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 30th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $96.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. Finally, Wall Street Zen raised PayPal from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Seventeen 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 company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $85.00.

Institutional Investors Weigh In On PayPal

A number of hedge funds have recently added to or reduced their stakes in PYPL. Norges Bank bought a new stake in PayPal in the second quarter worth approximately $921,570,000. Nuveen LLC bought a new stake in shares of PayPal during the first quarter valued at approximately $529,264,000. Goldman Sachs Group Inc. increased its holdings in shares of PayPal by 44.6% during the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after acquiring an additional 2,638,815 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of PayPal by 124.1% during the first quarter. Assenagon Asset Management S.A. now owns 3,497,415 shares of the credit services provider’s stock valued at $228,206,000 after acquiring an additional 1,936,520 shares in the last quarter. Finally, Lazard Asset Management LLC increased its holdings in shares of PayPal by 1,066.0% during the second quarter. Lazard Asset Management LLC now owns 2,106,215 shares of the credit services provider’s stock valued at $156,532,000 after acquiring an additional 1,925,583 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors.

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.