S.A. Mason LLC lessened its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 17.8% during the second quarter, HoldingsChannel reports. The institutional investor owned 1,385 shares of the credit services provider’s stock after selling 300 shares during the quarter. S.A. Mason LLC’s holdings in PayPal were worth $103,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Bernard Wealth Management Corp. purchased a new stake in shares of PayPal in the fourth quarter worth $34,000. Pinney & Scofield Inc. purchased a new stake in shares of PayPal in the fourth quarter worth $35,000. Evermay Wealth Management LLC raised its position in shares of PayPal by 726.0% in 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 in the last quarter. Garde Capital Inc. purchased a new stake in shares of PayPal in the first quarter worth $28,000. Finally, Tsfg LLC raised its position in shares of PayPal by 81.6% in the first quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock worth $29,000 after buying an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on PYPL shares. Deutsche Bank Aktiengesellschaft set a $75.00 price target on PayPal in a research report on Tuesday, July 29th. Macquarie restated an “outperform” rating and set a $95.00 price target on shares of PayPal in a research report on Wednesday, July 30th. Wall Street Zen upgraded PayPal from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Canaccord Genuity Group restated a “buy” rating and set a $96.00 price target on shares of PayPal in a research report on Wednesday, July 30th. Finally, Citigroup restated a “buy” rating on shares of PayPal in a research report on Tuesday, July 29th. Seventeen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $84.50.
PayPal Stock Performance
PYPL stock opened at $68.22 on Monday. The stock has a market capitalization of $65.18 billion, a PE ratio of 14.58, a price-to-earnings-growth ratio of 1.05 and a beta of 1.43. 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. The stock’s 50 day simple moving average is $70.13 and its 200 day simple moving average is $69.38.
PayPal (NASDAQ:PYPL – Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, beating 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 return on equity of 25.35% and a net margin of 14.49%.During the same period in the prior year, the firm 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. As a group, research analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.
Insider Activity at PayPal
In other PayPal news, insider Suzan Kereere sold 4,162 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total transaction of $288,801.18. Following the completion of the sale, the insider directly owned 48,483 shares in the company, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the business’s stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is 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.
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