Trust Co. of Toledo NA OH Purchases 1,721 Shares of PayPal Holdings, Inc. $PYPL

Trust Co. of Toledo NA OH boosted its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 18.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,025 shares of the credit services provider’s stock after purchasing an additional 1,721 shares during the period. Trust Co. of Toledo NA OH’s holdings in PayPal were worth $819,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Gordian Capital Singapore Pte Ltd grew its stake 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 worth $31,000 after acquiring an additional 138 shares in the last quarter. GSB Wealth Management LLC grew its stake in PayPal by 1.7% in the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after acquiring an additional 140 shares in the last quarter. CreativeOne Wealth LLC grew its stake in PayPal by 1.5% in the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock worth $613,000 after acquiring an additional 142 shares in the last quarter. Pitti Group Wealth Management LLC grew its stake in PayPal by 1.5% in the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock worth $761,000 after acquiring an additional 147 shares in the last quarter. Finally, MONECO Advisors LLC grew its stake in PayPal by 0.8% in the 1st quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock worth $1,334,000 after acquiring an additional 154 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors.

PayPal Trading Down 7.7%

NASDAQ:PYPL opened at $69.90 on Friday. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The firm has a 50 day moving average of $68.92 and a 200 day moving average of $69.42. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. 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) last posted its earnings results 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. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The company had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. During the same quarter in the prior year, the company posted $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, sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Activity at PayPal

In related news, insider Suzan Kereere sold 4,162 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total transaction of $288,801.18. Following the completion of the sale, the insider owned 48,483 shares of the company’s stock, valued at $3,364,235.37. This represents a 7.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction that occurred 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 in the company, valued at $1,174,279.68. The trade was a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold 15,102 shares of company stock valued at $1,046,607 over the last 90 days. Insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on PYPL. Canaccord Genuity Group restated a “buy” rating and issued a $96.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Rothschild & Co Redburn upped their target price on shares of PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 16th. BMO Capital Markets reaffirmed a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. Citigroup reiterated a “buy” rating on shares of PayPal in a research note on Tuesday, July 29th. Finally, JMP Securities dropped their price objective on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a research note on Wednesday, July 30th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, PayPal has an average rating of “Hold” and an average target price of $84.66.

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.