36,346 Shares in PayPal Holdings, Inc. $PYPL Acquired by AG2R LA Mondiale Gestion D Actifs

Key Points

• AG2R LA Mondiale Gestion D Actifs has acquired 36,346 shares of PayPal Holdings, Inc., valued at approximately $2.55 million, marking a new position in the company during the first quarter.
• Insider trading activity included Suzan Kereere selling 4,162 shares, decreasing her position by 7.91%, with total insider sales amounting to over $1 million in the past three months.
• PayPal's stock has seen a slight decrease of 0.6%, trading at $66.89, while maintaining a market cap of $63.91 billion and a strong earnings report exceeding analysts' expectations.

AG2R LA Mondiale Gestion D Actifs purchased a new position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 36,346 shares of the credit services provider's stock, valued at approximately $2,554,000.

A number of other institutional investors also recently bought and sold shares of PYPL. Vanguard Group Inc. raised its holdings 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 valued at $5,625,976,000 after acquiring an additional 276,339 shares during the period. Deutsche Bank AG increased 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 during the last quarter. Invesco Ltd. boosted its position 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 buying an additional 1,232,155 shares during the period. Goldman Sachs Group Inc. boosted its position 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 buying an additional 2,638,815 shares during the period. Finally, Nuveen LLC purchased a new stake in shares of PayPal in the first quarter valued at approximately $529,264,000. 68.32% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Citigroup reaffirmed a "buy" rating on shares of PayPal in a research report on Tuesday, July 29th. Piper Sandler set a $74.00 price target on shares of PayPal in a research report on Tuesday, July 29th. BMO Capital Markets restated a "market perform" rating on shares of PayPal in a research note on Tuesday, July 29th. Truist Financial started coverage on shares of PayPal in a report on Monday, June 2nd. They issued a "sell" rating and a $68.00 target price for the company. Finally, Wall Street Zen upgraded shares of PayPal from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, PayPal presently has a consensus rating of "Hold" and a consensus price target of $85.00.

Insider Buying and Selling at PayPal

In other news, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, 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 transaction, the insider owned 48,483 shares of the company's stock, valued at approximately $3,364,235.37. This represents a 7.91% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is currently owned by corporate insiders.

PayPal Price Performance

Shares of NASDAQ PYPL traded down $0.38 during midday trading on Friday, reaching $66.89. The company's stock had a trading volume of 7,495,242 shares, compared to its average volume of 8,813,973. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The company has a 50 day moving average price of $70.81 and a 200 day moving average price of $69.42. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The company has a market cap of $63.91 billion, a price-to-earnings ratio of 14.29, a price-to-earnings-growth ratio of 1.03 and a beta of 1.43.

PayPal (NASDAQ:PYPL - Get Free Report) last released 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. The firm had revenue of $8.29 billion for 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 prior 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, equities research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current 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.