4,883 Shares in PayPal Holdings, Inc. $PYPL Bought by Bank Pictet & Cie Europe AG

Key Points

• Bank Pictet & Cie Europe AG purchased 4,883 shares of PayPal Holdings, valued at approximately $363,000, marking a new position for the firm during the second quarter.
• Insider trading activity showed Suzan Kereere selling 4,162 shares for about $288,801, which represents a 7.91% decrease in her stake, while Diego Scotti sold 3,838 shares valued at $265,282, indicating ongoing insider selling trends.
• PayPal's stock has received mixed analyst ratings, with a consensus rating of "Hold" and a consensus price target of $84.50, driven by diverse opinions from 34 analysts.

Bank Pictet & Cie Europe AG bought a new position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 4,883 shares of the credit services provider's stock, valued at approximately $363,000.

A number of other large investors also recently modified their holdings of PYPL. Brighton Jones LLC lifted its holdings in shares of PayPal by 15.2% in the 4th quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider's stock worth $596,000 after purchasing an additional 924 shares in the last quarter. Revolve Wealth Partners LLC bought a new position in shares of PayPal in the 4th quarter worth $248,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of PayPal by 62.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 119,207 shares of the credit services provider's stock worth $10,174,000 after purchasing an additional 45,670 shares in the last quarter. Mascagni Wealth Management Inc. bought a new position in PayPal during the 4th quarter valued at $47,000. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in PayPal by 5.3% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 96,412 shares of the credit services provider's stock valued at $6,291,000 after acquiring an additional 4,873 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related 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 value of $288,801.18. Following the completion of the sale, the insider owned 48,483 shares of the company's stock, valued at approximately $3,364,235.37. This trade represents a 7.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.12, for a total value of $265,282.56. Following the completion of the sale, the executive vice president directly owned 16,989 shares of the company's stock, valued at approximately $1,174,279.68. This trade represents a 18.43% 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 valued at $1,046,607. 0.08% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on PYPL shares. Canaccord Genuity Group restated a "buy" rating and set a $96.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. Morgan Stanley restated a "positive" rating on shares of PayPal in a research note on Wednesday, July 30th. Truist Financial started coverage on PayPal in a research note on Monday, June 2nd. They set a "sell" rating and a $68.00 price objective on the stock. Rothschild & Co Redburn raised their price objective on PayPal from $66.00 to $70.00 and gave the company a "neutral" rating in a research note on Tuesday, September 16th. Finally, Barclays restated an "overweight" rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, PayPal has a consensus rating of "Hold" and a consensus price target of $84.50.

PayPal Trading Up 0.8%

Shares of PayPal stock opened at $67.30 on Friday. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The firm has a market cap of $64.30 billion, a PE ratio of 14.38, a P/E/G ratio of 1.03 and a beta of 1.43. The stock has a fifty day moving average price of $69.51 and a 200-day moving average price of $69.32. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $8.08 billion. During the same period last year, the firm posted $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. Equities research analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

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.

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