PayPal Holdings, Inc. $PYPL Position Reduced by Alta Wealth Advisors LLC

Alta Wealth Advisors LLC trimmed its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 4.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,221 shares of the credit services provider’s stock after selling 797 shares during the quarter. Alta Wealth Advisors LLC’s holdings in PayPal were worth $1,354,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Hilltop National Bank bought a new position in PayPal during the 2nd quarter valued at $27,000. Evermay Wealth Management LLC boosted its stake in PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $27,000 after acquiring an additional 363 shares during the last quarter. Garde Capital Inc. bought a new position in PayPal during the 1st quarter valued at $28,000. Tsfg LLC boosted its stake in PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock valued at $29,000 after acquiring an additional 200 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd boosted its stake in PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after acquiring an additional 138 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.12, for a total transaction of $265,282.56. Following the sale, the executive vice president owned 16,989 shares of the company’s stock, valued at $1,174,279.68. This represents a 18.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the sale, the insider directly owned 48,483 shares in the company, valued at approximately $3,364,235.37. This represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,102 shares of company stock valued at $1,046,607 in the last 90 days. 0.08% of the stock is currently owned by insiders.

PayPal Trading Up 0.5%

Shares of PayPal stock opened at $69.25 on Friday. The stock has a market capitalization of $66.16 billion, a P/E ratio of 14.80, a price-to-earnings-growth ratio of 1.07 and a beta of 1.44. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. The company has a 50-day simple moving average of $68.68 and a 200 day simple moving average of $69.30. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66.

PayPal (NASDAQ:PYPL) last announced its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The business had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. During the same quarter 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 expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on PYPL. Rothschild & Co Redburn raised their price target on shares of PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 16th. Weiss Ratings restated a “hold (c)” rating on shares of PayPal in a research report on Saturday, September 27th. BMO Capital Markets restated a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. Canaccord Genuity Group reiterated a “buy” rating and issued a $96.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Finally, Citigroup restated a “buy” rating on shares of PayPal in a research report on Tuesday, July 29th. Seventeen analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, PayPal presently has a consensus rating of “Hold” and a consensus target price of $84.50.

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.