Realta Investment Advisors reduced its position in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 29.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,340 shares of the credit services provider’s stock after selling 4,374 shares during the quarter. Realta Investment Advisors’ holdings in PayPal were worth $768,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of PYPL. Vanguard Group Inc. raised its stake in PayPal by 0.3% during 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 acquiring an additional 276,339 shares in the last quarter. Deutsche Bank AG raised its stake in PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after acquiring an additional 1,798,330 shares in the last quarter. Invesco Ltd. raised its stake in PayPal by 14.9% during the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after acquiring an additional 1,232,155 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in 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 worth $558,499,000 after acquiring an additional 2,638,815 shares in the last quarter. Finally, Nuveen LLC acquired a new position in PayPal during the first quarter worth $529,264,000. 68.32% of the stock is owned by institutional investors.
Insider Activity
In other news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the transaction, the insider owned 48,483 shares in the company, valued at $3,364,235.37. The trade was a 7.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Chris Natali sold 7,102 shares of PayPal 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 disclosure for this sale can be found here. Insiders have sold 15,102 shares of company stock worth $1,046,607 in the last 90 days. Corporate insiders own 0.08% of the company’s stock.
PayPal Price Performance
PayPal (NASDAQ:PYPL – Get Free Report) last issued its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.10. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The firm had revenue of $8.29 billion for the quarter, compared to analysts’ expectations of $8.08 billion. During the same quarter last year, the business 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, equities analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.
Analysts Set New Price Targets
Several research firms have issued reports on PYPL. Seaport Res Ptn upgraded PayPal from a “strong sell” rating to a “hold” rating in a research note on Monday, July 14th. BMO Capital Markets restated a “market perform” rating on shares of PayPal in a research note on Tuesday, July 29th. Citigroup restated a “buy” rating on shares of PayPal in a research note on Tuesday, July 29th. Wall Street Zen lowered PayPal from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Macquarie restated an “outperform” rating and issued a $95.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Seventeen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, PayPal currently has a consensus rating of “Hold” and a consensus target price of $84.50.
Check Out Our Latest Research Report on PayPal
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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