Rep. Josh Gottheimer Sells Off Shares of PayPal Holdings, Inc. (NASDAQ:PYPL)

Representative Josh Gottheimer (D-New Jersey) recently sold shares of PayPal Holdings, Inc. (NASDAQ:PYPL). In a filing disclosed on April 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in PayPal stock on March 3rd. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 3/24/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/24/2025.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Pacific Premier Bancorp (NASDAQ:PPBI) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Azenta (NASDAQ:AZTA) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Chord Energy (NASDAQ:CHRD) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Endava (NYSE:DAVA) on 3/19/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/19/2025.

PayPal Trading Up 3.4 %

Shares of PYPL traded up $2.03 on Friday, hitting $62.59. 12,914,497 shares of the stock traded hands, compared to its average volume of 11,486,563. The firm has a market capitalization of $61.92 billion, a P/E ratio of 15.61, a P/E/G ratio of 1.27 and a beta of 1.60. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.48. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The stock’s 50 day moving average is $69.88 and its two-hundred day moving average is $79.76.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.08. The business had revenue of $8.37 billion for the quarter, compared to analysts’ expectations of $8.27 billion. PayPal had a return on equity of 23.67% and a net margin of 13.04%. The business’s revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.48 earnings per share. As a group, sell-side analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Institutional Trading of PayPal

Several hedge funds have recently bought and sold shares of the company. Continuum Advisory LLC raised its stake in PayPal by 285.8% during the 3rd quarter. Continuum Advisory LLC now owns 760 shares of the credit services provider’s stock valued at $65,000 after acquiring an additional 563 shares in the last quarter. Coldstream Capital Management Inc. raised its stake in shares of PayPal by 17.8% during the third quarter. Coldstream Capital Management Inc. now owns 14,407 shares of the credit services provider’s stock valued at $1,139,000 after purchasing an additional 2,178 shares in the last quarter. Chiron Investment Management LLC acquired a new stake in PayPal in the third quarter worth about $5,985,000. Toronto Dominion Bank grew its position in PayPal by 7.8% in the 3rd quarter. Toronto Dominion Bank now owns 573,196 shares of the credit services provider’s stock valued at $44,726,000 after buying an additional 41,345 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its stake in PayPal by 10.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 22,480 shares of the credit services provider’s stock valued at $1,754,000 after buying an additional 2,146 shares during the period. 68.32% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Gail J. Mcgovern sold 2,446 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $72.15, for a total transaction of $176,478.90. Following the sale, the director now owns 29,734 shares of the company’s stock, valued at $2,145,308.10. The trade was a 7.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.14% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages recently commented on PYPL. Arete Research set a $81.00 price target on shares of PayPal in a research report on Thursday, March 27th. Robert W. Baird dropped their price objective on PayPal from $100.00 to $95.00 and set an “outperform” rating for the company in a report on Wednesday, February 5th. Needham & Company LLC reiterated a “hold” rating on shares of PayPal in a report on Wednesday, February 26th. Keefe, Bruyette & Woods dropped their price target on PayPal from $104.00 to $85.00 and set an “outperform” rating for the company in a research note on Monday, March 31st. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of PayPal in a research note on Tuesday, February 4th. Fifteen investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $88.32.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.