International Assets Investment Management LLC Sells 1,754 Shares of PayPal Holdings, Inc. $PYPL

International Assets Investment Management LLC reduced its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 14.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,296 shares of the credit services provider’s stock after selling 1,754 shares during the period. International Assets Investment Management LLC’s holdings in PayPal were worth $765,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of PYPL. Evermay Wealth Management LLC raised its position in PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 363 shares during the last quarter. Hilltop National Bank bought a new position in PayPal during the 2nd quarter worth $27,000. Garde Capital Inc. bought a new position in PayPal during the 1st quarter worth $28,000. Tsfg LLC raised its position in PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock worth $29,000 after purchasing an additional 200 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd raised its position in PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 138 shares during the last quarter. 68.32% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

PYPL has been the subject of several analyst reports. JMP Securities lowered their target price 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. Piper Sandler set a $74.00 price target on PayPal in a report on Tuesday, July 29th. Wall Street Zen downgraded PayPal from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Canaccord Genuity Group reiterated a “buy” rating and set a $96.00 price target on shares of PayPal in a report on Wednesday, July 30th. Finally, Rothschild & Co Redburn increased their price target on PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a report on Tuesday, September 16th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $83.44.

PayPal Stock Performance

Shares of PYPL opened at $69.20 on Tuesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The stock has a 50-day moving average of $68.93 and a 200-day moving average of $69.59. The company has a market cap of $66.11 billion, a PE ratio of 14.79, a P/E/G ratio of 1.04 and a beta of 1.44. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66.

PayPal (NASDAQ:PYPL) last issued its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, beating the consensus estimate of $1.30 by $0.10. The company had revenue of $8.29 billion during the quarter, compared to the consensus estimate 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 business posted $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. On average, equities research analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Insider Activity

In other news, CAO Chris Natali sold 7,102 shares of the firm’s stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.12, for a total value of $265,282.56. Following the transaction, the executive vice president owned 16,989 shares of the company’s stock, valued at $1,174,279.68. This trade represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,102 shares of company stock worth $1,046,607 in the last three months. Company insiders own 0.08% of the company’s stock.

About PayPal

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.