Beverly Hills Private Wealth LLC Sells 877 Shares of PayPal Holdings, Inc. $PYPL

Beverly Hills Private Wealth LLC cut its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 3.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,631 shares of the credit services provider’s stock after selling 877 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in PayPal were worth $2,054,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in PYPL. Brighton Jones LLC grew its stake in shares of PayPal by 15.2% during the 4th quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock valued at $596,000 after acquiring an additional 924 shares during the period. Revolve Wealth Partners LLC bought a new position in shares of PayPal during the 4th quarter valued at approximately $248,000. CWA Asset Management Group LLC grew its stake in shares of PayPal by 13.3% during the 1st quarter. CWA Asset Management Group LLC now owns 6,803 shares of the credit services provider’s stock valued at $444,000 after acquiring an additional 797 shares during the period. Johnson Investment Counsel Inc. grew its stake in shares of PayPal by 66.8% during the 1st quarter. Johnson Investment Counsel Inc. now owns 9,695 shares of the credit services provider’s stock valued at $633,000 after acquiring an additional 3,882 shares during the period. Finally, PFG Investments LLC grew its stake in shares of PayPal by 32.3% during the 1st quarter. PFG Investments LLC now owns 19,419 shares of the credit services provider’s stock valued at $1,267,000 after acquiring an additional 4,741 shares during the period. 68.32% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on PYPL shares. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on PayPal in a research note on Tuesday, July 29th. Wall Street Zen cut PayPal from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. BMO Capital Markets reissued a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. Piper Sandler set a $74.00 price target on PayPal in a report on Tuesday, July 29th. Finally, Barclays reissued an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. Sixteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $83.44.

Insider Transactions at PayPal

In other news, insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 16,989 shares in the company, valued at $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 15,102 shares of company stock valued at $1,046,607 in the last ninety days. Corporate insiders own 0.08% of the company’s stock.

PayPal Stock Up 2.1%

NASDAQ PYPL opened at $67.41 on Monday. The stock has a market cap of $64.40 billion, a PE ratio of 14.40, a P/E/G ratio of 1.04 and a beta of 1.44. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The stock’s 50 day moving average is $68.89 and its 200 day moving average is $69.52. 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 (NASDAQ:PYPL) last issued its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion for the quarter, compared to analysts’ expectations of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period in the prior year, the firm 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. Research analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal 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.