Belmont Capital LLC Invests $261,000 in PayPal Holdings, Inc. $PYPL

Key Points

• Belmont Capital LLC has acquired a new stake in PayPal Holdings, Inc., purchasing 4,000 shares valued at approximately $261,000 during the first quarter.
• Several hedge funds have adjusted their holdings in PayPal, with 68.32% of the stock currently owned by institutional investors.
• Analyst ratings for PayPal are predominantly positive, with reports indicating seventeen buy ratings and an average price target of $85.00.

Belmont Capital LLC bought a new position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 4,000 shares of the credit services provider's stock, valued at approximately $261,000.

A number of other hedge funds have also bought and sold shares of the business. Mpwm Advisory Solutions LLC purchased a new stake in shares of PayPal during the 4th quarter valued at about $25,000. Evermay Wealth Management LLC increased its position in shares of PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock valued at $27,000 after purchasing an additional 363 shares during the last quarter. Garde Capital Inc. purchased a new stake in shares of PayPal during the 1st quarter valued at about $28,000. Tsfg LLC increased its position in shares of PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock valued at $29,000 after purchasing an additional 200 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd increased its position in shares of PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock valued at $31,000 after purchasing an additional 138 shares during the last quarter. Hedge funds and other institutional investors own 68.32% of the company's stock.

Insider Transactions at PayPal

In other news, CAO Chris Natali sold 7,102 shares of the stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction 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 transaction, the insider directly owned 48,483 shares in the company, valued at $3,364,235.37. The trade was a 7.91% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on PYPL. Canaccord Genuity Group reaffirmed a "buy" rating and set a $96.00 price target on shares of PayPal in a research report on Wednesday, July 30th. JMP Securities cut their price objective on PayPal from $110.00 to $100.00 and set a "market outperform" rating for the company in a research note on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on PayPal in a research note on Tuesday, July 29th. Macquarie reaffirmed an "outperform" rating and set a $95.00 price objective on shares of PayPal in a report on Wednesday, July 30th. Finally, Barclays reaffirmed an "overweight" rating on shares of PayPal in a report on Tuesday, July 29th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, PayPal currently has a consensus rating of "Hold" and an average price target of $85.00.

PayPal Trading Down 0.3%

NASDAQ:PYPL traded down $0.20 during midday trading on Friday, hitting $68.26. 7,781,299 shares of the company traded hands, compared to its average volume of 8,973,464. 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 firm's fifty day moving average is $71.77 and its 200-day moving average is $69.83. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The firm has a market capitalization of $65.21 billion, a P/E ratio of 13.37, a P/E/G ratio of 1.06 and a beta of 1.43.

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. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The business 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 posted $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, sell-side analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

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.