Ballentine Partners LLC Raises Position in PayPal Holdings, Inc. $PYPL

Ballentine Partners LLC boosted its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 14.8% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 15,733 shares of the credit services provider’s stock after buying an additional 2,031 shares during the quarter. Ballentine Partners LLC’s holdings in PayPal were worth $1,169,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Evermay Wealth Management LLC lifted its holdings in shares of PayPal by 726.0% during the first 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 during the last quarter. Garde Capital Inc. purchased a new position in shares of PayPal during the first quarter valued at approximately $28,000. Tsfg LLC lifted its holdings in shares of PayPal by 81.6% during the first quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock valued at $29,000 after purchasing an additional 200 shares during the last quarter. Gordian Capital Singapore Pte Ltd lifted its holdings in shares of PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 138 shares during the last quarter. Finally, Crewe Advisors LLC lifted its holdings in shares of PayPal by 1,461.8% during the first quarter. Crewe Advisors LLC now owns 531 shares of the credit services provider’s stock valued at $35,000 after purchasing an additional 497 shares during the last quarter. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

PayPal Price Performance

Shares of NASDAQ PYPL opened at $66.74 on Friday. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66. The firm has a market cap of $63.76 billion, a P/E ratio of 14.26, a PEG ratio of 1.05 and a beta of 1.43. The company has a 50 day moving average of $69.65 and a 200 day moving average of $69.32. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56.

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, topping analysts’ consensus estimates of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The company 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 business 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. As a group, research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Insiders Place Their Bets

In other PayPal news, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction that occurred 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 sale, the insider directly 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 position. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,102 shares of company stock valued at $1,046,607. Company insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Royal Bank Of Canada reiterated an “outperform” rating and set a $88.00 target price on shares of PayPal in a report on Thursday, June 26th. Morgan Stanley reiterated a “positive” rating on shares of PayPal in a report on Wednesday, July 30th. Barclays reiterated an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. Piper Sandler set a $74.00 target price on shares of PayPal in a report on Tuesday, July 29th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. Seventeen analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $84.50.

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.