Forza Wealth Management LLC Has $427,000 Holdings in PayPal Holdings, Inc. $PYPL

Forza Wealth Management LLC boosted its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 27.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,743 shares of the credit services provider’s stock after purchasing an additional 1,221 shares during the quarter. Forza Wealth Management LLC’s holdings in PayPal were worth $427,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of PYPL. Gordian Capital Singapore Pte Ltd grew its position in shares of PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after buying an additional 138 shares during the last quarter. GSB Wealth Management LLC increased its stake in shares of PayPal by 1.7% in the second quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock valued at $606,000 after purchasing an additional 140 shares during the period. CreativeOne Wealth LLC boosted its holdings in shares of PayPal by 1.5% in the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock valued at $613,000 after acquiring an additional 142 shares in the last quarter. Pitti Group Wealth Management LLC boosted its holdings in shares of PayPal by 1.5% in the second quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock valued at $761,000 after acquiring an additional 147 shares in the last quarter. Finally, MONECO Advisors LLC boosted its holdings in shares of PayPal by 0.8% in the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock valued at $1,334,000 after acquiring an additional 154 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on PYPL. Rothschild & Co Redburn increased their price objective on shares of PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, September 16th. Piper Sandler set a $74.00 price target on shares of PayPal in a research report on Tuesday, July 29th. Seaport Res Ptn raised shares of PayPal from a “strong sell” rating to a “hold” rating in a research note on Monday, July 14th. Deutsche Bank Aktiengesellschaft set a $75.00 target price on PayPal in a research report on Tuesday, July 29th. Finally, Morgan Stanley restated a “positive” rating on shares of PayPal in a report on Wednesday, July 30th. Seventeen analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $84.50.

PayPal Stock Down 3.8%

Shares of NASDAQ:PYPL opened at $67.06 on Wednesday. The company has a 50 day moving average of $69.23 and a 200-day moving average of $69.33. The stock has a market cap of $64.07 billion, a price-to-earnings ratio of 14.33, a P/E/G ratio of 1.07 and a beta of 1.43. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. 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 (NASDAQ:PYPL) last released its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same quarter in the prior 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. On average, sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Diego Scotti sold 3,838 shares of the 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 directly owned 16,989 shares of the company’s stock, valued at $1,174,279.68. This represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Chris Natali sold 7,102 shares of the stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is owned by insiders.

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.