Newman Dignan & Sheerar Inc. Acquires 1,235 Shares of PayPal Holdings, Inc. $PYPL

Newman Dignan & Sheerar Inc. boosted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 23.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,560 shares of the credit services provider’s stock after purchasing an additional 1,235 shares during the quarter. Newman Dignan & Sheerar Inc.’s holdings in PayPal were worth $488,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in PayPal by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock valued at $5,625,976,000 after acquiring an additional 276,339 shares during the last quarter. Deutsche Bank AG grew its position in shares of PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after purchasing an additional 1,798,330 shares in the last quarter. Invesco Ltd. increased its holdings in shares of PayPal by 14.9% in the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after purchasing an additional 1,232,155 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of PayPal by 44.6% in the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock worth $558,499,000 after buying an additional 2,638,815 shares in the last quarter. Finally, Nuveen LLC bought a new position in PayPal during the first quarter valued at approximately $529,264,000. 68.32% of the stock is owned by hedge funds and other institutional investors.

PayPal Trading Down 0.6%

Shares of PYPL stock opened at $66.66 on Thursday. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The company has a market cap of $63.69 billion, a price-to-earnings ratio of 14.24, a PEG ratio of 1.03 and a beta of 1.44. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The stock has a 50 day simple moving average of $69.03 and a 200-day simple moving average of $69.31.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.30 by $0.10. The company had revenue of $8.29 billion during the quarter, compared to analyst estimates 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 previous 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 expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on PYPL. Barclays reaffirmed an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. Piper Sandler set a $74.00 price target on shares of PayPal in a research report on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a research report on Tuesday, July 29th. Citigroup restated a “buy” rating on shares of PayPal in a report on Tuesday, July 29th. Finally, BMO Capital Markets restated a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. Seventeen equities research 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. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $84.50.

Insiders Place Their Bets

In other PayPal news, insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction 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 transaction, the insider directly owned 48,483 shares in the company, valued at $3,364,235.37. This represents a 7.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction on Thursday, July 31st. The shares were 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 directly 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 disclosure for this sale can be found here. Insiders have sold 15,102 shares of company stock worth $1,046,607 over the last ninety days. Corporate insiders own 0.08% of the company’s stock.

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.