PayPal Holdings, Inc. $PYPL Shares Sold by Cascade Investment Advisors Inc.

Cascade Investment Advisors Inc. reduced its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,045 shares of the credit services provider’s stock after selling 375 shares during the period. PayPal accounts for about 1.2% of Cascade Investment Advisors Inc.’s holdings, making the stock its 27th biggest position. Cascade Investment Advisors Inc.’s holdings in PayPal were worth $1,861,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Gordian Capital Singapore Pte Ltd boosted its holdings in PayPal by 41.2% in the first 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. GSB Wealth Management LLC lifted its stake in shares of PayPal by 1.7% in the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock valued at $606,000 after purchasing an additional 140 shares in the last quarter. CreativeOne Wealth LLC grew its holdings in shares of PayPal by 1.5% during the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock worth $613,000 after purchasing an additional 142 shares during the period. Pitti Group Wealth Management LLC increased its position in PayPal by 1.5% during the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock worth $761,000 after purchasing an additional 147 shares in the last quarter. Finally, MONECO Advisors LLC lifted its position in PayPal by 0.8% during the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock valued at $1,334,000 after buying an additional 154 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Insider Transactions at PayPal

In other PayPal news, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the sale, the insider owned 48,483 shares of the company’s stock, valued at $3,364,235.37. This trade represents a 7.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction that occurred on 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 owned 16,989 shares of the company’s stock, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,102 shares of company stock worth $1,046,607. Company insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. The Goldman Sachs Group set a $70.00 target price on shares of PayPal and gave the company a “sell” rating in a research note on Monday. Canaccord Genuity Group reiterated a “buy” rating and set a $96.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft set a $75.00 target price on PayPal in a research report on Tuesday, July 29th. Rothschild & Co Redburn raised 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, Seaport Res Ptn upgraded shares of PayPal from a “strong sell” rating to a “hold” rating in a research note on Monday, July 14th. Seventeen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, PayPal currently has an average rating of “Hold” and a consensus target price of $84.07.

PayPal Stock Performance

PYPL stock opened at $69.90 on Monday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The firm has a 50 day simple moving average of $68.92 and a 200 day simple moving average of $69.42. The stock has a market cap of $66.78 billion, a P/E ratio of 14.94, a P/E/G ratio of 1.08 and a beta of 1.44.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, beating the consensus estimate 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 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. Research analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share 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.