Everstar Asset Management LLC Takes Position in PayPal Holdings, Inc. $PYPL

Key Points

• Everstar Asset Management LLC acquired 42,076 shares of PayPal Holdings, Inc. for approximately $2,745,000 in the first quarter, contributing to a total of 68.32% of the stock currently owned by institutional investors.
• PayPal reported a EPS of $1.40 for the last quarter, exceeding estimates of $1.30, and projects Q3 2025 EPS guidance between 1.180 and 1.220.
• Insider activity shows notable stock sales, with insider Suzan Kereere selling 4,162 shares at an average price of $69.39, resulting in a 7.91% decrease in her position.

Everstar Asset Management LLC acquired a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 42,076 shares of the credit services provider's stock, valued at approximately $2,745,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC purchased a new position in PayPal during the fourth quarter valued at $25,000. Bernard Wealth Management Corp. purchased a new position in PayPal during the fourth quarter valued at $34,000. Pinney & Scofield Inc. purchased a new position in PayPal during the fourth quarter valued at $35,000. Evermay Wealth Management LLC raised its position in shares of PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock worth $27,000 after purchasing an additional 363 shares during the last quarter. Finally, Garde Capital Inc. purchased a new position in shares of PayPal in the 1st quarter worth about $28,000. Hedge funds and other institutional investors own 68.32% of the company's stock.

Insider Activity

In other news, CAO Chris Natali sold 7,102 shares of the company's stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the company's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total transaction of $288,801.18. Following the sale, the insider directly owned 48,483 shares of the company's stock, 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. Insiders sold 15,102 shares of company stock valued at $1,046,607 in the last quarter. 0.08% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wall Street Zen raised PayPal from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. JMP Securities lowered their price target on PayPal from $110.00 to $100.00 and set a "market outperform" rating for the company in a research report on Wednesday, July 30th. Macquarie reaffirmed an "outperform" rating and issued a $95.00 price target on shares of PayPal in a research report on Wednesday, July 30th. Truist Financial assumed coverage on PayPal in a research report on Monday, June 2nd. They issued a "sell" rating and a $68.00 price target for the company. Finally, Citigroup reaffirmed a "buy" rating on shares of PayPal in a research report on Tuesday, July 29th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, PayPal has an average rating of "Hold" and an average target price of $85.00.

PayPal Stock Performance

NASDAQ:PYPL traded up $0.14 during mid-day trading on Monday, reaching $68.40. The company's stock had a trading volume of 7,948,544 shares, compared to its average volume of 8,879,010. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The firm's fifty day moving average price is $71.54 and its two-hundred day moving average price is $69.60. 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 stock has a market cap of $65.35 billion, a P/E ratio of 14.62, a PEG ratio of 1.05 and a beta of 1.43.

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 for the quarter, topping analysts' consensus estimates of $1.30 by $0.10. The business had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same quarter in the previous year, the firm 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 analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal 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.