Commerzbank Aktiengesellschaft FI Boosts Stake in PayPal Holdings, Inc. $PYPL

Commerzbank Aktiengesellschaft FI raised its holdings in PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 16.8% during the second quarter, Holdings Channel.com reports. The firm owned 41,958 shares of the credit services provider’s stock after purchasing an additional 6,029 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in PayPal were worth $3,118,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PYPL. Nuveen LLC purchased a new stake in PayPal in the first quarter valued at $529,264,000. Goldman Sachs Group Inc. raised its position in PayPal by 44.6% in the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after purchasing an additional 2,638,815 shares during the period. Deutsche Bank AG raised its position in PayPal by 19.1% in the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after purchasing an additional 1,798,330 shares during the period. Invesco Ltd. raised its position in PayPal by 14.9% in the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock valued at $620,924,000 after purchasing an additional 1,232,155 shares during the period. Finally, Jupiter Asset Management Ltd. raised its position in PayPal by 301.7% in the first quarter. Jupiter Asset Management Ltd. now owns 1,156,955 shares of the credit services provider’s stock valued at $75,491,000 after purchasing an additional 868,953 shares during the period. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on PYPL. Citigroup reiterated a “buy” rating on shares of PayPal in a report on Tuesday, July 29th. BMO Capital Markets reiterated a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. JMP Securities cut their price objective on PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a report on Wednesday, July 30th. Barclays reiterated an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. Finally, Seaport Res Ptn upgraded PayPal from a “strong sell” rating to a “hold” rating in a report on Monday, July 14th. Seventeen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, PayPal currently has a consensus rating of “Hold” and an average price target of $84.66.

Get Our Latest Report on PayPal

PayPal Trading Down 0.5%

PYPL opened at $75.75 on Friday. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The stock has a market capitalization of $72.37 billion, a price-to-earnings ratio of 16.19, a PEG ratio of 1.17 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. The business has a fifty day moving average price of $68.87 and a 200 day moving average price of $69.43.

PayPal (NASDAQ:PYPLGet Free Report) last released 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 firm had revenue of $8.29 billion during 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 period in the previous year, the firm 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. Sell-side analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Transactions at PayPal

In other news, CAO Chris Natali sold 7,102 shares of the company’s stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.12, for a total value of $265,282.56. Following the transaction, 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. In the last ninety days, insiders sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is currently owned by corporate insiders.

PayPal Company Profile

(Free Report)

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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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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