Quarry LP Acquires 4,150 Shares of PayPal Holdings, Inc. $PYPL

Quarry LP boosted its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 689.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,752 shares of the credit services provider’s stock after acquiring an additional 4,150 shares during the quarter. Quarry LP’s holdings in PayPal were worth $310,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC bought a new stake in PayPal in the fourth quarter valued at about $25,000. Bernard Wealth Management Corp. bought a new stake in PayPal in the fourth quarter valued at about $34,000. Pinney & Scofield Inc. bought a new stake in PayPal in the fourth quarter valued at about $35,000. Evermay Wealth Management LLC grew its stake in PayPal by 726.0% during the first 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 during the last quarter. Finally, Garde Capital Inc. bought a new stake in PayPal during the first quarter worth about $28,000. Institutional investors own 68.32% of the company’s stock.

PayPal Trading Up 0.2%

Shares of NASDAQ PYPL opened at $70.19 on Monday. The company’s 50 day simple moving average is $72.06 and its 200 day simple moving average is $69.95. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The firm has a market capitalization of $67.06 billion, a P/E ratio of 15.00, a P/E/G ratio of 1.08 and a beta of 1.43. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share 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 for the quarter, compared to analyst estimates of $8.08 billion. During the same period in the prior year, the business 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. On average, analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on PYPL shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $88.00 price objective on shares of PayPal in a research note on Thursday, June 26th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $96.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. Piper Sandler set a $74.00 price objective on shares of PayPal in a research note on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a research note on Tuesday, July 29th. Finally, Citigroup reaffirmed a “buy” rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, PayPal has a consensus rating of “Hold” and a consensus target price of $85.00.

Insider Buying and Selling at PayPal

In related news, EVP Diego Scotti sold 3,839 shares of the stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $73.24, for a total value of $281,168.36. Following the transaction, the executive vice president directly owned 16,989 shares in the company, valued at $1,244,274.36. This represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Deborah M. Messemer sold 3,795 shares of the stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $73.00, for a total transaction of $277,035.00. Following the completion of the transaction, the director owned 13,976 shares in the company, valued at $1,020,248. This represents a 21.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 26,898 shares of company stock valued at $1,909,636. 0.08% of the stock is currently owned by corporate insiders.

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.