Stock Yards Bank & Trust Co. trimmed its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 18.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,381 shares of the credit services provider’s stock after selling 778 shares during the period. Stock Yards Bank & Trust Co.’s holdings in PayPal were worth $251,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Ascent Group LLC boosted its stake in shares of PayPal by 32.6% during the 2nd quarter. Ascent Group LLC now owns 8,643 shares of the credit services provider’s stock worth $642,000 after acquiring an additional 2,125 shares in the last quarter. Barrett & Company Inc. lifted its holdings in shares of PayPal by 8.4% during the second quarter. Barrett & Company Inc. now owns 3,860 shares of the credit services provider’s stock valued at $287,000 after purchasing an additional 300 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of PayPal by 21.3% in the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 121,732 shares of the credit services provider’s stock valued at $9,047,000 after purchasing an additional 21,343 shares during the period. Hilltop National Bank purchased a new position in PayPal in the 2nd quarter worth about $27,000. Finally, Hardman Johnston Global Advisors LLC raised its holdings in PayPal by 3.3% during the 2nd quarter. Hardman Johnston Global Advisors LLC now owns 388,499 shares of the credit services provider’s stock worth $28,873,000 after buying an additional 12,250 shares during the period. Institutional investors own 68.32% of the company’s stock.
Insider Buying and Selling at PayPal
In other news, CAO Chris Natali sold 7,102 shares of the firm’s stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The sale was disclosed in a filing with the SEC, which is available at 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 transaction, the executive vice president directly owned 16,989 shares in the company, valued at $1,174,279.68. This trade represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 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 Stock Performance
PayPal (NASDAQ:PYPL – Get Free Report) last released its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.10. The firm had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same quarter in the previous year, the business earned $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 anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on PYPL shares. Seaport Res Ptn upgraded shares of PayPal from a “strong sell” rating to a “hold” rating in a research report on Monday, July 14th. Royal Bank Of Canada restated an “outperform” rating and issued a $88.00 target price on shares of PayPal in a report on Thursday, June 26th. Barclays reiterated an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. Wall Street Zen downgraded PayPal from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 target price on PayPal in a research note on Tuesday, July 29th. Seventeen investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $84.50.
Get Our Latest Research Report on PayPal
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.
Featured Stories
- Five stocks we like better than PayPal
- Insider Trades May Not Tell You What You Think
- 3 Defense Stocks Surging as Ukraine Tensions Deepen
- What is the Nikkei 225 index?
- Starbucks Stock Slumps; This Competitor Shows Strength
- What is a support level?
- The Trade Desk: 2 Signs of a Comeback, 1 Risk Ahead
Want to see what other hedge funds are holding PYPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report).
Receive News & Ratings for PayPal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal and related companies with MarketBeat.com's FREE daily email newsletter.