PayPal Holdings, Inc. $PYPL Shares Sold by Belpointe Asset Management LLC

Belpointe Asset Management LLC cut its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 16.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,070 shares of the credit services provider’s stock after selling 4,412 shares during the quarter. Belpointe Asset Management LLC’s holdings in PayPal were worth $1,640,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of PYPL. AQR Capital Management LLC grew its holdings in PayPal by 15.8% during the 1st quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider’s stock valued at $224,001,000 after buying an additional 476,763 shares during the last quarter. Kathmere Capital Management LLC purchased a new stake in shares of PayPal in the second quarter valued at $325,000. Allianz SE boosted its stake in shares of PayPal by 281.8% during the first quarter. Allianz SE now owns 30,338 shares of the credit services provider’s stock valued at $1,980,000 after acquiring an additional 22,392 shares during the last quarter. Nuveen LLC purchased a new stake in PayPal during the 1st quarter worth about $529,264,000. Finally, Kingstone Capital Partners Texas LLC purchased a new stake in PayPal during the 2nd quarter worth about $3,513,000. 68.32% of the stock is owned by hedge funds and other institutional investors.

PayPal Stock Up 2.9%

Shares of NASDAQ PYPL opened at $71.29 on Tuesday. The stock has a market capitalization of $68.11 billion, a PE ratio of 15.23, a P/E/G 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 firm has a fifty day moving average of $68.54 and a 200-day moving average of $69.31. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66.

PayPal (NASDAQ:PYPL) last issued its earnings results 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. The firm 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 last year, the firm 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. On average, analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Insider Transactions at PayPal

In other PayPal news, insider Suzan Kereere sold 4,162 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total transaction of $288,801.18. Following the completion of the sale, the insider directly owned 48,483 shares in the company, valued at $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the 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 disclosure for this sale can be found here. In the last quarter, insiders sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on PYPL shares. Morgan Stanley restated a “positive” rating on shares of PayPal in a report on Wednesday, July 30th. Wall Street Zen lowered shares of PayPal from a “buy” rating to a “hold” rating in a research report on Saturday. Macquarie reaffirmed an “outperform” rating and issued a $95.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Canaccord Genuity Group reissued a “buy” rating and set a $96.00 price target on shares of PayPal in a research note on Wednesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 price objective on PayPal in a research report on Tuesday, July 29th. Seventeen research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target 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.