PayPal Holdings, Inc. $PYPL Position Raised by Alpha Omega Wealth Management LLC

Alpha Omega Wealth Management LLC grew its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 8.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,318 shares of the credit services provider’s stock after purchasing an additional 2,015 shares during the period. Alpha Omega Wealth Management LLC’s holdings in PayPal were worth $1,956,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PYPL. Nuveen LLC bought a new stake in PayPal in the first quarter worth about $529,264,000. Goldman Sachs Group Inc. raised its position in PayPal by 44.6% in the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock worth $558,499,000 after acquiring an additional 2,638,815 shares in the last quarter. Assenagon Asset Management S.A. raised its position in PayPal by 124.1% in the first quarter. Assenagon Asset Management S.A. now owns 3,497,415 shares of the credit services provider’s stock worth $228,206,000 after acquiring an additional 1,936,520 shares in the last quarter. Deutsche Bank AG raised its position in PayPal by 19.1% in the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after acquiring an additional 1,798,330 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in PayPal in the fourth quarter worth about $140,164,000. 68.32% of the stock is currently owned by institutional investors.

PayPal Stock Down 0.8%

PYPL opened at $67.68 on Tuesday. The business has a 50 day moving average price of $70.01 and a 200 day moving average price of $69.36. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. The firm has a market cap of $64.66 billion, a P/E ratio of 14.46, a price-to-earnings-growth ratio of 1.05 and a beta of 1.43.

PayPal (NASDAQ:PYPLGet Free Report) last posted its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping 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 period in the previous 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. Research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Wall Street Analyst Weigh In

PYPL has been the subject of several research analyst reports. BMO Capital Markets restated a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. Citigroup restated a “buy” rating on shares of PayPal in a research report on Tuesday, July 29th. Wall Street Zen upgraded shares of PayPal from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. JMP Securities reduced their price target on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a research report on Wednesday, July 30th. Finally, Rothschild & Co Redburn upped their price target on shares of PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research report on Tuesday, September 16th. Seventeen investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, PayPal has a consensus rating of “Hold” and a consensus price target of $84.50.

View Our Latest Report on PayPal

Insider Buying and Selling

In related news, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Suzan Kereere sold 4,162 shares of the business’s stock in a transaction that occurred 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 sale, the insider owned 48,483 shares of the company’s stock, valued at approximately $3,364,235.37. This trade represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is currently owned by insiders.

PayPal Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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