Baldwin Wealth Partners LLC MA cut its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 5.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,106 shares of the credit services provider’s stock after selling 385 shares during the quarter. Baldwin Wealth Partners LLC MA’s holdings in PayPal were worth $528,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. AQR Capital Management LLC raised its stake in shares of PayPal by 15.8% in the first quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider’s stock valued at $224,001,000 after purchasing an additional 476,763 shares in the last quarter. Kathmere Capital Management LLC acquired a new position in shares of PayPal in the second quarter valued at $325,000. Allianz SE raised its stake in shares of PayPal by 281.8% in the first quarter. Allianz SE now owns 30,338 shares of the credit services provider’s stock valued at $1,980,000 after purchasing an additional 22,392 shares in the last quarter. Nuveen LLC acquired a new position in shares of PayPal in the first quarter valued at $529,264,000. Finally, Kingstone Capital Partners Texas LLC acquired a new position in shares of PayPal in the second quarter valued at $3,513,000. 68.32% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
PYPL has been the subject of a number of recent research reports. BMO Capital Markets restated a “market perform” rating on shares of PayPal in a research note on Tuesday, July 29th. JMP Securities dropped their price objective on PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a research note on Wednesday, July 30th. Barclays reiterated an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. Rothschild & Co Redburn increased their price objective on PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 16th. Finally, Morgan Stanley reiterated a “positive” rating on shares of PayPal in a research note on Wednesday, July 30th. Seventeen analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, PayPal has a consensus rating of “Hold” and a consensus price target of $84.66.
Insider Transactions at PayPal
In related news, CAO Chris Natali sold 7,102 shares of the firm’s stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.12, for a total value of $265,282.56. Following the completion of the transaction, the executive vice president owned 16,989 shares in the company, valued at approximately $1,174,279.68. This represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,102 shares of company stock worth $1,046,607. Insiders own 0.08% of the company’s stock.
PayPal Price Performance
Shares of PYPL stock opened at $75.75 on Friday. The stock’s fifty day moving average is $68.87 and its 200-day moving average is $69.43. 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 stock has a market capitalization of $72.37 billion, a PE ratio of 16.19, a PEG ratio of 1.17 and a beta of 1.44. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66.
PayPal (NASDAQ:PYPL – Get Free Report) last announced its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.30 by $0.10. The company had revenue of $8.29 billion for the quarter, compared to analysts’ expectations of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same quarter in the prior year, the business earned $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. Equities research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal 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.
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