Stephens Inc. AR grew its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 3.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,134 shares of the credit services provider’s stock after buying an additional 1,174 shares during the period. Stephens Inc. AR’s holdings in PayPal were worth $2,685,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also modified their holdings of PYPL. AQR Capital Management LLC boosted its stake in PayPal by 15.8% during the first quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider’s stock worth $224,001,000 after buying an additional 476,763 shares during the period. Thompson Investment Management Inc. boosted its stake in PayPal by 2.8% during the second quarter. Thompson Investment Management Inc. now owns 154,991 shares of the credit services provider’s stock worth $11,519,000 after buying an additional 4,165 shares during the period. Kathmere Capital Management LLC purchased a new position in PayPal during the second quarter worth about $325,000. Allianz SE boosted 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 during the period. Finally, Nuveen LLC purchased a new position in shares of PayPal in the first quarter valued at approximately $529,264,000. 68.32% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on PYPL. Seaport Res Ptn raised shares of PayPal from a “strong sell” rating to a “hold” rating in a research note on Monday, July 14th. JMP Securities lowered their price objective on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a research note on Wednesday, July 30th. Rothschild & Co Redburn raised their price objective on shares of PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, September 16th. Barclays reissued an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. Finally, The Goldman Sachs Group set a $70.00 price objective on shares of PayPal and gave the company a “sell” rating in a research note on Monday, October 13th. Fifteen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, PayPal presently has a consensus rating of “Hold” and an average target price of $82.57.
Insider Activity at PayPal
In other PayPal news, CAO Chris Natali sold 7,102 shares of the business’s stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction on Thursday, July 31st. The stock was 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 in the company, valued at $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,102 shares of company stock worth $1,046,607 in the last three months. Insiders own 0.08% of the company’s stock.
PayPal Stock Performance
NASDAQ:PYPL opened at $68.07 on Thursday. The firm’s fifty day moving average price is $68.92 and its 200 day moving average price is $69.59. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. 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 firm has a market cap of $65.03 billion, a price-to-earnings ratio of 14.54, a price-to-earnings-growth ratio of 1.08 and a beta of 1.44.
PayPal (NASDAQ:PYPL – Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, beating 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 firm had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. During the same period last 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. On average, sell-side analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current year.
PayPal 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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