PayPal Holdings, Inc. $PYPL Shares Sold by JTC Employer Solutions Trustee Ltd

JTC Employer Solutions Trustee Ltd cut its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 30.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 22,580 shares of the credit services provider’s stock after selling 10,000 shares during the period. JTC Employer Solutions Trustee Ltd’s holdings in PayPal were worth $1,678,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Easterly Investment Partners LLC acquired a new position in shares of PayPal during the second quarter worth approximately $929,000. Arista Wealth Management LLC acquired a new position in shares of PayPal during the second quarter worth approximately $409,000. Applied Finance Capital Management LLC boosted its position in shares of PayPal by 30.2% during the second quarter. Applied Finance Capital Management LLC now owns 17,380 shares of the credit services provider’s stock worth $1,292,000 after buying an additional 4,033 shares during the period. Nordea Investment Management AB boosted its position in shares of 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 buying an additional 270,297 shares during the period. Finally, Empirical Asset Management LLC bought a new stake in PayPal during the second quarter worth approximately $262,000. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on PYPL. Piper Sandler set a $74.00 target price on PayPal in a report on Tuesday, July 29th. Rothschild & Co Redburn boosted their target price on PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a report on Tuesday, September 16th. Weiss Ratings reissued a “hold (c)” rating on shares of PayPal in a report on Wednesday, October 8th. JMP Securities cut their price objective 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. Finally, Barclays reiterated an “overweight” rating on shares of PayPal in a research report on Tuesday, July 29th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, PayPal has a consensus rating of “Hold” and an average target price of $83.44.

Insider Buying and Selling at PayPal

In other news, EVP Diego Scotti sold 3,838 shares of the business’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 directly owned 16,989 shares in the company, valued at $1,174,279.68. The trade was a 18.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Chris Natali sold 7,102 shares of the business’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 disclosure for this sale can be found here. Insiders have sold a total of 15,102 shares of company stock valued at $1,046,607 in the last three months. 0.08% of the stock is currently owned by company insiders.

PayPal Price Performance

Shares of NASDAQ:PYPL opened at $67.41 on Friday. The company’s fifty day moving average is $68.89 and its two-hundred day moving average is $69.45. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The company has a market cap of $64.40 billion, a P/E ratio of 14.40, a price-to-earnings-growth ratio of 1.02 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 (EPS) for the quarter, beating the consensus estimate 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 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. Equities analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

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.