KPP Advisory Services LLC decreased its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 3.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 7,764 shares of the credit services provider’s stock after selling 313 shares during the period. KPP Advisory Services LLC’s holdings in PayPal were worth $577,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Evermay Wealth Management LLC raised 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 acquiring an additional 363 shares in the last quarter. Hilltop National Bank bought a new position in shares of PayPal in the second quarter worth $27,000. Garde Capital Inc. acquired a new position in PayPal in the first quarter valued at about $28,000. Tsfg LLC lifted its position in PayPal by 81.6% during the first quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock worth $29,000 after purchasing an additional 200 shares during the period. Finally, Gordian Capital Singapore Pte Ltd increased its holdings in PayPal by 41.2% in 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 period. Institutional investors and hedge funds own 68.32% of the company’s stock.
Wall Street Analysts Forecast Growth
PYPL has been the topic of several research analyst reports. JMP Securities reduced their price objective on PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a research note on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of PayPal in a research note on Tuesday, July 29th. Citigroup reaffirmed a “buy” rating on shares of PayPal in a report on Tuesday, July 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $88.00 target price on shares of PayPal in a research report on Thursday, June 26th. Finally, Barclays reaffirmed an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. 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 company’s stock. According to data from MarketBeat, PayPal currently has a consensus rating of “Hold” and a consensus price target of $84.50.
Insider Buying and Selling
In related news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.12, for a total transaction of $265,282.56. Following the sale, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the transaction, the insider owned 48,483 shares of the company’s stock, valued at $3,364,235.37. This trade represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is owned by company insiders.
PayPal Stock Performance
NASDAQ PYPL opened at $69.25 on Monday. The company has a fifty day moving average price of $68.68 and a 200-day moving average price of $69.30. The firm has a market cap of $66.16 billion, a price-to-earnings ratio of 14.80, a PEG ratio of 1.07 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. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66.
PayPal (NASDAQ:PYPL – Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping the consensus estimate 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 net margin of 14.49% and a return on equity of 25.35%. During the same period in the previous year, the company 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, equities research analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.
PayPal 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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