PayPal Holdings, Inc. $PYPL Stake Cut by Mattson Financial Services LLC

Mattson Financial Services LLC cut its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 11.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 32,774 shares of the credit services provider’s stock after selling 4,439 shares during the period. Mattson Financial Services LLC’s holdings in PayPal were worth $2,436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Nordea Investment Management AB lifted its stake in PayPal by 7.3% during the second quarter. Nordea Investment Management AB now owns 3,979,403 shares of the credit services provider’s stock worth $295,192,000 after purchasing an additional 270,297 shares during the last quarter. Empirical Asset Management LLC bought a new position in PayPal during the second quarter worth $262,000. Praxis Investment Management Inc. lifted its stake in PayPal by 8.1% during the second quarter. Praxis Investment Management Inc. now owns 21,540 shares of the credit services provider’s stock worth $1,601,000 after purchasing an additional 1,610 shares during the last quarter. Aware Super Pty Ltd as trustee of Aware Super lifted its stake in PayPal by 71.8% during the second quarter. Aware Super Pty Ltd as trustee of Aware Super now owns 497,975 shares of the credit services provider’s stock worth $37,010,000 after purchasing an additional 208,124 shares during the last quarter. Finally, Davidson Investment Advisors lifted its stake in PayPal by 1.3% during the second quarter. Davidson Investment Advisors now owns 271,370 shares of the credit services provider’s stock worth $20,168,000 after purchasing an additional 3,408 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CAO Chris Natali sold 7,102 shares of the firm’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 document filed with the SEC, which can be accessed through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the transaction, the insider directly owned 48,483 shares of the company’s stock, valued at $3,364,235.37. This represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,102 shares of company stock valued at $1,046,607. Company insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Macquarie restated an “outperform” rating and set a $95.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. 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. The Goldman Sachs Group set a $70.00 price objective on PayPal and gave the stock a “sell” rating in a research note on Monday. Barclays reaffirmed an “overweight” rating on shares of PayPal in a research report on Tuesday, July 29th. Finally, Piper Sandler set a $74.00 target price on PayPal in a research report on Tuesday, July 29th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $83.50.

PayPal Price Performance

Shares of PYPL opened at $66.05 on Friday. The firm has a market capitalization of $63.10 billion, a price-to-earnings ratio of 14.11, a price-to-earnings-growth ratio of 1.05 and a beta of 1.44. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The stock’s fifty day moving average is $68.90 and its 200-day moving average is $69.44.

PayPal (NASDAQ:PYPL) last issued its quarterly 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. The company had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period last 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. Equities analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS 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.