Petros Family Wealth LLC Has $380,000 Stake in PayPal Holdings, Inc. $PYPL

Petros Family Wealth LLC raised its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 8.5% in the 2nd quarter, Holdings Channel reports. The firm owned 5,115 shares of the credit services provider’s stock after acquiring an additional 399 shares during the period. Petros Family Wealth LLC’s holdings in PayPal were worth $380,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in PYPL. Vanguard Group Inc. grew its stake in shares of PayPal by 0.3% in the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock worth $5,625,976,000 after purchasing an additional 276,339 shares during the last quarter. Deutsche Bank AG raised its holdings in shares of PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after purchasing an additional 1,798,330 shares during the period. Invesco Ltd. raised its holdings in shares of PayPal by 14.9% during the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock valued at $620,924,000 after purchasing an additional 1,232,155 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of PayPal by 44.6% during the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after purchasing an additional 2,638,815 shares during the period. Finally, Nuveen LLC acquired a new stake in shares of PayPal in the 1st quarter worth about $529,264,000. 68.32% of the stock is currently owned by institutional investors and hedge funds.

PayPal Stock Up 0.5%

PYPL opened at $69.25 on Monday. 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 50 day moving average price of $68.68 and a 200-day moving average price of $69.30. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66. The stock has a market capitalization of $66.16 billion, a price-to-earnings ratio of 14.80, a PEG ratio of 1.07 and a beta of 1.44.

PayPal (NASDAQ:PYPL) last announced its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS 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 business had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. During the same period in the prior year, the company 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. Equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Insider Activity

In other news, CAO Chris Natali sold 7,102 shares of the firm’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on PYPL shares. BMO Capital Markets reaffirmed a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. Barclays reiterated an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. JMP Securities decreased their price objective on PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a research note on Wednesday, July 30th. Piper Sandler set a $74.00 target price on shares of PayPal in a research note on Tuesday, July 29th. Finally, Wall Street Zen cut shares of PayPal from a “buy” rating to a “hold” rating in a research note on Saturday. Seventeen equities research 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 data from MarketBeat.com, PayPal presently has a consensus rating of “Hold” and a consensus 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.