PayPal (NASDAQ:PYPL) Shares Up 3.5% – Time to Buy?

PayPal Holdings, Inc. (NASDAQ:PYPL)’s share price rose 3.5% during trading on Monday . The company traded as high as $71.26 and last traded at $69.68. Approximately 28,285,788 shares changed hands during mid-day trading, an increase of 153% from the average daily volume of 11,181,366 shares. The stock had previously closed at $67.30.

Wall Street Analyst Weigh In

PYPL has been the topic of a number of recent research reports. Barclays reaffirmed an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. JMP Securities decreased their target price on PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a report on Wednesday, July 30th. Seaport Res Ptn raised PayPal from a “strong sell” rating to a “hold” rating in a report on Monday, July 14th. Wall Street Zen raised PayPal from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Finally, Piper Sandler set a $74.00 target price on PayPal in a report on Tuesday, July 29th. Seventeen 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. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $84.50.

PayPal Trading Up 3.5%

The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. The stock has a fifty day simple moving average of $69.51 and a 200 day simple moving average of $69.34. The firm has a market capitalization of $66.57 billion, a P/E ratio of 14.89, a PEG ratio of 1.04 and a beta of 1.43.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, beating analysts’ consensus estimates 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 last 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. As a group, research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Insider Activity

In other news, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction dated 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 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.12, for a total value of $265,282.56. Following the transaction, the executive vice president owned 16,989 shares of the company’s stock, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,102 shares of company stock worth $1,046,607 over the last 90 days. Corporate insiders own 0.08% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC raised its holdings in shares of PayPal by 15.8% in the first quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider’s stock worth $224,001,000 after buying an additional 476,763 shares during the period. Allianz SE raised its holdings in shares of PayPal by 281.8% in the first quarter. Allianz SE now owns 30,338 shares of the credit services provider’s stock worth $1,980,000 after buying an additional 22,392 shares during the period. Nuveen LLC purchased a new stake in shares of PayPal in the first quarter worth approximately $529,264,000. Kathmere Capital Management LLC purchased a new stake in shares of PayPal in the second quarter worth approximately $325,000. Finally, Kingstone Capital Partners Texas LLC purchased a new stake in shares of PayPal in the second quarter worth approximately $3,513,000. Hedge funds and other institutional investors own 68.32% 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.