McAdam LLC increased its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 30.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,550 shares of the credit services provider’s stock after buying an additional 1,071 shares during the quarter. McAdam LLC’s holdings in PayPal were worth $338,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently modified their holdings of PYPL. Nuveen LLC purchased a new position in shares of PayPal in the 1st quarter worth about $529,264,000. Goldman Sachs Group Inc. grew its stake in PayPal by 44.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after purchasing an additional 2,638,815 shares in the last quarter. Assenagon Asset Management S.A. grew its position in shares of PayPal by 124.1% in the 1st 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 grew its position in shares of PayPal by 19.1% in the 1st 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, Invesco Ltd. grew its position in shares of PayPal by 14.9% in the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after acquiring an additional 1,232,155 shares in the last quarter. 68.32% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other PayPal news, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction dated 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 owned 16,989 shares of the company’s stock, valued at $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the business’s stock in a transaction dated 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 directly owned 48,483 shares of the company’s stock, valued at $3,364,235.37. This represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Insiders sold 15,102 shares of company stock valued at $1,046,607 over the last quarter. Insiders own 0.08% of the company’s stock.
Analyst Upgrades and Downgrades
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PayPal Stock Performance
Shares of NASDAQ PYPL opened at $67.30 on Friday. The business’s 50-day moving average price is $69.51 and its two-hundred day moving average price is $69.32. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The company has a market capitalization of $64.30 billion, a P/E ratio of 14.38, a price-to-earnings-growth ratio of 1.03 and a beta of 1.43.
PayPal (NASDAQ:PYPL – Get Free Report) last announced its quarterly earnings results 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 return on equity of 25.35% and a net margin of 14.49%.The company had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. During the same quarter in the previous year, the firm earned $1.19 earnings per share. PayPal has set its Q3 2025 guidance at 1.180-1.220 EPS. FY 2025 guidance at 5.150-5.300 EPS. Analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.
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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