One Wealth Advisors LLC increased its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 6.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,018 shares of the credit services provider’s stock after purchasing an additional 1,977 shares during the period. One Wealth Advisors LLC’s holdings in PayPal were worth $2,528,000 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. Evermay Wealth Management LLC increased its holdings in PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $27,000 after buying an additional 363 shares during the period. Garde Capital Inc. bought a new position in shares of PayPal during the 1st quarter worth about $28,000. Tsfg LLC boosted its position in shares of PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock valued at $29,000 after acquiring an additional 200 shares in the last quarter. Gordian Capital Singapore Pte Ltd increased its stake in PayPal by 41.2% in the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after acquiring an additional 138 shares during the period. Finally, Crewe Advisors LLC raised its position in PayPal by 1,461.8% in the first quarter. Crewe Advisors LLC now owns 531 shares of the credit services provider’s stock worth $35,000 after purchasing an additional 497 shares in the last quarter. 68.32% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other news, CAO Chris Natali sold 7,102 shares of the company’s stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of PayPal 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 approximately $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is currently owned by corporate insiders.
PayPal Stock Performance
PayPal (NASDAQ:PYPL – Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 EPS 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 firm had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. During the same quarter in the prior year, the firm 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. On average, equities research analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on PYPL shares. Piper Sandler set a $74.00 price objective on PayPal in a report on Tuesday, July 29th. Barclays reaffirmed an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. Wall Street Zen upgraded PayPal from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Morgan Stanley reissued a “positive” rating on shares of PayPal in a report on Wednesday, July 30th. Finally, Rothschild & Co Redburn upped their target price on shares of PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a 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 stock. Based on data from MarketBeat.com, PayPal presently has an average rating of “Hold” and a consensus target price of $84.50.
Read Our Latest Research Report on PYPL
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.
See Also
- Five stocks we like better than PayPal
- How to Use Stock Screeners to Find Stocks
- Tesla Earnings Loom: Bulls Eye $600, Bears Warn of $300
- What is a Dividend King?
- Cathie Wood Buys Alibaba and Baidu: Momentum or More Value Ahead?
- Trading Stocks: RSI and Why it’s Useful
- This ETF Weeds Out Small-Cap Underperformers
Want to see what other hedge funds are holding PYPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report).
Receive News & Ratings for PayPal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal and related companies with MarketBeat.com's FREE daily email newsletter.