Rossby Financial LCC Has $218,000 Stake in PayPal Holdings, Inc. $PYPL

Rossby Financial LCC boosted its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 13.8% in the second quarter, Holdings Channel reports. The fund owned 2,938 shares of the credit services provider’s stock after acquiring an additional 357 shares during the period. Rossby Financial LCC’s holdings in PayPal were worth $218,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Gordian Capital Singapore Pte Ltd raised its position in shares of PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after buying an additional 138 shares during the last quarter. GSB Wealth Management LLC raised its position in shares of PayPal by 1.7% during the second quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock valued at $606,000 after buying an additional 140 shares during the last quarter. CreativeOne Wealth LLC raised its position in shares of PayPal by 1.5% during the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock valued at $613,000 after buying an additional 142 shares during the last quarter. Pitti Group Wealth Management LLC raised its position in shares of PayPal by 1.5% during the second quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock valued at $761,000 after buying an additional 147 shares during the last quarter. Finally, MONECO Advisors LLC raised its position in shares of PayPal by 0.8% during the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock valued at $1,334,000 after buying an additional 154 shares during the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on PYPL shares. Wells Fargo & Company raised shares of PayPal to a “hold” rating in a research report on Wednesday, October 22nd. Citigroup raised shares of PayPal to a “hold” rating in a research report on Thursday, October 23rd. The Goldman Sachs Group set a $70.00 price objective on shares of PayPal and gave the stock a “sell” rating in a research note on Monday, October 13th. Truist Financial set a $65.00 price target on shares of PayPal in a research note on Friday. Finally, BMO Capital Markets reissued a “market perform” rating on shares of PayPal in a research note on Tuesday, July 29th. Fifteen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, PayPal presently has an average rating of “Hold” and a consensus target price of $82.57.

Insider Activity at PayPal

In related news, CAO Chris Natali sold 7,102 shares of the stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction on Thursday, July 31st. The stock was 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 approximately $1,174,279.68. This represents a 18.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have 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 Trading Up 3.9%

Shares of NASDAQ PYPL opened at $73.02 on Wednesday. The company’s 50 day simple moving average is $69.03 and its 200 day simple moving average is $70.01. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The firm has a market capitalization of $69.76 billion, a P/E ratio of 15.60, a P/E/G ratio of 1.09 and a beta of 1.44. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.14. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The business had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. During the same period in the prior year, the business posted $1.20 earnings per share. PayPal’s revenue was up 7.3% compared to the same quarter last year. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. On average, analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current 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.