GW Henssler & Associates Ltd. boosted its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 6.6% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 219,790 shares of the credit services provider’s stock after purchasing an additional 13,514 shares during the period. GW Henssler & Associates Ltd.’s holdings in PayPal were worth $16,335,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its position in PayPal by 15.8% during the first quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider’s stock valued at $224,001,000 after purchasing an additional 476,763 shares in the last quarter. Kathmere Capital Management LLC acquired a new stake in PayPal in the second quarter valued at approximately $325,000. Allianz SE lifted its stake in PayPal by 281.8% in the first quarter. Allianz SE now owns 30,338 shares of the credit services provider’s stock valued at $1,980,000 after acquiring an additional 22,392 shares during the last quarter. Thompson Investment Management Inc. lifted its stake in PayPal by 2.8% in the second quarter. Thompson Investment Management Inc. now owns 154,991 shares of the credit services provider’s stock valued at $11,519,000 after acquiring an additional 4,165 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in PayPal in the first quarter valued at approximately $529,264,000. 68.32% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on the stock. Canaccord Genuity Group reiterated a “buy” rating and issued a $96.00 target price on shares of PayPal in a research note on Wednesday, July 30th. JMP Securities reduced their target price on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a research note on Wednesday, July 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of PayPal in a research note on Wednesday. Rothschild & Co Redburn lifted their target price on shares of PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, September 16th. Finally, Barclays reiterated an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $84.66.
Insider Transactions at PayPal
In related news, CAO Chris Natali sold 7,102 shares of the company’s stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.12, for a total transaction of $265,282.56. Following the transaction, 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. Over the last three months, insiders sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is owned by insiders.
PayPal Price Performance
Shares of PayPal stock opened at $69.90 on Friday. The firm has a fifty day simple moving average of $68.92 and a 200-day simple moving average of $69.42. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The stock has a market capitalization of $66.78 billion, a price-to-earnings ratio of 14.94, a PEG ratio of 1.08 and a beta of 1.44.
PayPal (NASDAQ:PYPL – Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share 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 business had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. 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. On average, sell-side analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current 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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