Cornerstone Advisory LLC Takes $200,000 Position in PayPal Holdings, Inc. $PYPL

Cornerstone Advisory LLC acquired a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) during the 2nd quarter, HoldingsChannel reports. The firm acquired 2,694 shares of the credit services provider’s stock, valued at approximately $200,000.

A number of other large investors have also recently bought and sold shares of PYPL. Evermay Wealth Management LLC grew its holdings in shares of PayPal by 726.0% during the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $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. Tsfg LLC grew its stake 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 buying an additional 200 shares during the last quarter. Gordian Capital Singapore Pte Ltd increased its position in PayPal by 41.2% in the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after buying an additional 138 shares during the period. Finally, Cornerstone Planning Group LLC lifted its stake in PayPal by 41.7% in the first quarter. Cornerstone Planning Group LLC now owns 666 shares of the credit services provider’s stock valued at $42,000 after buying an additional 196 shares during the last quarter. Institutional investors own 68.32% of the company’s stock.

Insiders Place Their Bets

In other news, insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the sale, the insider 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 sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Chris Natali sold 7,102 shares of the firm’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The disclosure for this sale can be found here. Insiders sold 15,102 shares of company stock worth $1,046,607 over the last ninety days. Company insiders own 0.08% of the company’s stock.

PayPal Stock Performance

Shares of PYPL opened at $69.66 on Friday. The firm has a market capitalization of $66.55 billion, a PE ratio of 14.88, a P/E/G ratio of 1.05 and a beta of 1.44. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. The firm has a 50-day moving average price of $68.93 and a 200 day moving average price of $69.66. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.10. The company had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same period in the prior 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, sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

PYPL has been the subject of several recent research reports. Sanford C. Bernstein lowered their price target on shares of PayPal from $85.00 to $76.00 in a research report on Tuesday. Royal Bank Of Canada reissued an “outperform” rating and set a $88.00 target price on shares of PayPal in a research note on Thursday, June 26th. Macquarie restated an “outperform” rating and issued a $95.00 target price on shares of PayPal in a research report on Wednesday, July 30th. Seaport Res Ptn raised PayPal from a “strong sell” rating to a “hold” rating in a report on Monday, July 14th. Finally, The Goldman Sachs Group set a $70.00 price objective on PayPal and gave the stock a “sell” rating in a research report on Monday, October 13th. Fifteen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $82.57.

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.