NBT Bank N A NY Sells 1,550 Shares of PayPal Holdings, Inc. $PYPL

NBT Bank N A NY reduced its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 15.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 8,798 shares of the credit services provider’s stock after selling 1,550 shares during the period. NBT Bank N A NY’s holdings in PayPal were worth $654,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of PYPL. Vanguard Group Inc. raised its position in PayPal by 0.3% during 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 purchasing an additional 276,339 shares in the last quarter. Deutsche Bank AG raised its position in PayPal by 19.1% during the 1st 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. raised its position in PayPal by 14.9% during the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock valued at $620,924,000 after purchasing an additional 1,232,155 shares in the last quarter. Goldman Sachs Group Inc. raised its position in PayPal by 44.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after purchasing an additional 2,638,815 shares in the last quarter. Finally, Nuveen LLC bought a new stake in PayPal during the 1st quarter valued at $529,264,000. 68.32% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CAO Chris Natali sold 7,102 shares of the business’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 filing with the SEC, which can be accessed through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction on Thursday, July 31st. The stock was 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 in the company, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,102 shares of company stock worth $1,046,607 in the last ninety days. 0.08% of the stock is owned by insiders.

PayPal Stock Up 2.0%

Shares of PYPL stock opened at $76.13 on Thursday. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The stock’s fifty day moving average price is $68.73 and its 200 day moving average price is $69.39. 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 company has a market cap of $72.73 billion, a price-to-earnings ratio of 16.27, a price-to-earnings-growth ratio of 1.15 and a beta of 1.44.

PayPal (NASDAQ:PYPL) last announced its 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. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The firm had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. During the same period in the previous year, the business 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, research analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have weighed in on PYPL. JMP Securities decreased their target price on PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft set a $75.00 target price on PayPal in a research report on Tuesday, July 29th. Morgan Stanley reiterated a “positive” rating on shares of PayPal in a report on Wednesday, July 30th. Canaccord Genuity Group reiterated a “buy” rating and issued a $96.00 price target on shares of PayPal in a report on Wednesday, July 30th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $88.00 price target on shares of PayPal in a report on Thursday, June 26th. Seventeen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $84.50.

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.