Avidian Wealth Enterprises LLC Acquires Shares of 3,254 PayPal Holdings, Inc. $PYPL

Avidian Wealth Enterprises LLC bought a new position in PayPal Holdings, Inc. (NASDAQ:PYPL) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,254 shares of the credit services provider’s stock, valued at approximately $242,000.

Other large investors have also recently made changes to their positions in the company. Stephens Inc. AR boosted its position in PayPal by 3.4% in the 2nd quarter. Stephens Inc. AR now owns 36,134 shares of the credit services provider’s stock valued at $2,685,000 after buying an additional 1,174 shares during the period. LMG Wealth Partners LLC boosted its holdings in shares of PayPal by 7.6% in the second quarter. LMG Wealth Partners LLC now owns 21,356 shares of the credit services provider’s stock valued at $1,587,000 after purchasing an additional 1,501 shares during the period. Chicago Partners Investment Group LLC boosted its holdings in shares of PayPal by 23.7% in the second quarter. Chicago Partners Investment Group LLC now owns 7,958 shares of the credit services provider’s stock valued at $610,000 after purchasing an additional 1,524 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in PayPal in the second quarter worth approximately $25,276,000. Finally, United Bank increased its holdings in PayPal by 40.1% during the 2nd quarter. United Bank now owns 17,388 shares of the credit services provider’s stock worth $1,292,000 after purchasing an additional 4,974 shares during the period. 68.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on PYPL. Wall Street Zen downgraded PayPal from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Macquarie reissued an “outperform” rating and set a $95.00 target price on shares of PayPal in a research report on Wednesday, July 30th. Piper Sandler set a $74.00 price target on shares of PayPal in a report on Tuesday, July 29th. The Goldman Sachs Group set a $70.00 price target on shares of PayPal and gave the stock a “sell” rating in a research report on Monday, October 13th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a report on Tuesday, July 29th. Fifteen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $82.57.

PayPal Stock Up 2.3%

NASDAQ:PYPL opened at $69.66 on Friday. The company’s 50-day simple moving average is $68.93 and its 200-day simple moving average is $69.66. 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 fifty-two week low of $55.85 and a fifty-two week high of $93.66. The stock has a market capitalization of $66.55 billion, a P/E ratio of 14.88, a P/E/G ratio of 1.05 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. The company had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. 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. On average, equities analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Transactions at PayPal

In related news, CAO Chris Natali sold 7,102 shares of the business’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 filing with the SEC, which can be accessed through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the company’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 in the company, valued at $3,364,235.37. This represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,102 shares of company stock valued at $1,046,607 in the last quarter. 0.08% of the stock is currently owned by corporate insiders.

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.