AG2R LA Mondiale Gestion D Actifs purchased a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 36,346 shares of the credit services provider’s stock, valued at approximately $2,554,000.
Other large investors have also added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC acquired a new stake in PayPal during the fourth quarter worth approximately $25,000. Bernard Wealth Management Corp. acquired a new stake in shares of PayPal in the 4th quarter valued at $34,000. Pinney & Scofield Inc. acquired a new stake in shares of PayPal in the 4th quarter valued at $35,000. Evermay Wealth Management LLC boosted its holdings in shares of PayPal by 726.0% in 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 in the last quarter. Finally, Garde Capital Inc. acquired a new stake in shares of PayPal in the 1st quarter valued at $28,000. Institutional investors and hedge funds own 68.32% of the company’s stock.
Insider Buying and Selling
In related news, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at $3,364,235.37. This trade represents a 7.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the firm’s stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The disclosure for this sale can be found here. Insiders sold a total of 15,102 shares of company stock valued at $1,046,607 in the last three months. Insiders own 0.08% of the company’s stock.
PayPal Stock Down 0.6%
PayPal (NASDAQ:PYPL – Get Free Report) last announced 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 during the quarter, compared to analyst estimates of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period last year, the company 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. Analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the company. Seaport Res Ptn raised PayPal from a “strong sell” rating to a “hold” rating in a report on Monday, July 14th. Barclays reaffirmed an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $88.00 target price on shares of PayPal in a report on Thursday, June 26th. JMP Securities reduced their target price on PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a report on Wednesday, July 30th. Finally, Citigroup reaffirmed a “buy” rating on shares of PayPal in a report on Tuesday, July 29th. Seventeen equities 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 company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $85.00.
Get Our Latest Analysis on PayPal
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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