PayPal Holdings, Inc. $PYPL Shares Acquired by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB lifted its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 8.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,535 shares of the credit services provider’s stock after purchasing an additional 905 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in PayPal were worth $857,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Morningstar Investment Management LLC acquired a new stake in shares of PayPal during the 2nd quarter worth approximately $324,000. RFG Advisory LLC raised its position in shares of PayPal by 23.9% during the 2nd quarter. RFG Advisory LLC now owns 28,521 shares of the credit services provider’s stock worth $2,120,000 after purchasing an additional 5,495 shares during the period. Moran Wealth Management LLC raised its position in shares of PayPal by 2.4% during the 2nd quarter. Moran Wealth Management LLC now owns 142,767 shares of the credit services provider’s stock worth $10,610,000 after purchasing an additional 3,319 shares during the period. Cornerstone Wealth Group LLC grew its holdings in PayPal by 4.6% in the 2nd quarter. Cornerstone Wealth Group LLC now owns 3,897 shares of the credit services provider’s stock worth $290,000 after buying an additional 172 shares in the last quarter. Finally, NorthRock Partners LLC grew its holdings in PayPal by 54.5% in the 2nd quarter. NorthRock Partners LLC now owns 13,084 shares of the credit services provider’s stock worth $972,000 after buying an additional 4,617 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

PYPL has been the subject of a number of recent analyst reports. Canaccord Genuity Group reissued a “buy” rating and issued a $96.00 price objective on shares of PayPal in a report on Wednesday, July 30th. JMP Securities decreased their price objective on PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a report on Wednesday, July 30th. Barclays reissued an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. Morgan Stanley reissued a “positive” rating on shares of PayPal in a report on Wednesday, July 30th. Finally, Rothschild & Co Redburn increased their price objective on PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a report on Tuesday, September 16th. Sixteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $83.50.

PayPal Stock Performance

Shares of NASDAQ PYPL opened at $66.05 on Friday. The stock has a fifty day moving average price of $68.90 and a two-hundred day moving average price of $69.44. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. The firm has a market cap of $63.10 billion, a P/E ratio of 14.11, a PEG ratio of 1.05 and a beta of 1.44. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year 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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.10. The firm had revenue of $8.29 billion during the quarter, compared to analyst estimates 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 company 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. Research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Insider Transactions at PayPal

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