Martin Capital Advisors LLP Sells 180 Shares of PayPal Holdings, Inc. $PYPL

Martin Capital Advisors LLP reduced its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 1.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,168 shares of the credit services provider’s stock after selling 180 shares during the quarter. Martin Capital Advisors LLP’s holdings in PayPal were worth $681,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of PayPal by 0.3% during the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock valued at $5,625,976,000 after buying an additional 276,339 shares during the last quarter. Deutsche Bank AG grew its stake 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 buying an additional 1,798,330 shares during the last quarter. Invesco Ltd. grew 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 buying an additional 1,232,155 shares during the last quarter. Goldman Sachs Group Inc. grew its stake 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 buying an additional 2,638,815 shares during the last quarter. Finally, Nuveen LLC bought a new position in shares of PayPal during the first quarter valued at approximately $529,264,000. Institutional investors own 68.32% of the company’s stock.

Analyst Upgrades and Downgrades

PYPL has been the topic of a number of analyst reports. Seaport Res Ptn raised PayPal from a “strong sell” rating to a “hold” rating in a research note on Monday, July 14th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $96.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Rothschild & Co Redburn increased their price objective on PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 16th. BMO Capital Markets reissued a “market perform” rating on shares of PayPal in a research note on Tuesday, July 29th. Finally, JMP Securities dropped 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. Seventeen investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $84.50.

PayPal Stock Performance

Shares of PYPL opened at $67.68 on Tuesday. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The stock has a fifty day moving average price of $70.01 and a 200-day moving average price of $69.36. 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 firm has a market cap of $64.66 billion, a PE ratio of 14.46, a P/E/G ratio of 1.05 and a beta of 1.43.

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

Insider Activity

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 value of $288,801.18. Following the completion of the transaction, the insider owned 48,483 shares in the company, valued at $3,364,235.37. This trade represents a 7.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.12, for a total value of $265,282.56. Following the completion of the transaction, the executive vice president owned 16,989 shares of the company’s stock, valued at $1,174,279.68. This trade represents a 18.43% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,102 shares of company stock worth $1,046,607. Insiders own 0.08% of the company’s stock.

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.