Aberdeen Group plc Buys 95,659 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Aberdeen Group plc increased its investment in PayPal Holdings, Inc. by 12.2%, owning approximately $56.88 million of the company's stock.
• Several institutional investors have modified their positions in PayPal, with notable increases in holdings, resulting in 68.32% of the company's stock now owned by institutional investors and hedge funds.
• PayPal recently reported better-than-expected quarterly earnings, posting $1.40 EPS and revenue of $8.29 billion, exceeding analyst predictions.

Aberdeen Group plc raised its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 12.2% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 881,360 shares of the credit services provider's stock after acquiring an additional 95,659 shares during the period. Aberdeen Group plc owned about 0.09% of PayPal worth $56,879,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in PYPL. Brighton Jones LLC raised its stake in shares of PayPal by 15.2% during 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 stake in shares of PayPal during the 4th quarter worth approximately $248,000. CreativeOne Wealth LLC raised its stake in PayPal by 23.9% in the 4th quarter. CreativeOne Wealth LLC now owns 9,245 shares of the credit services provider's stock valued at $789,000 after acquiring an additional 1,784 shares during the period. XTX Topco Ltd bought a new stake in PayPal in the 4th quarter valued at $615,000. Finally, NewEdge Advisors LLC raised its stake in PayPal by 2.1% in the 4th quarter. NewEdge Advisors LLC now owns 32,922 shares of the credit services provider's stock valued at $2,810,000 after acquiring an additional 675 shares during the period. Institutional investors own 68.32% of the company's stock.

Insiders Place Their Bets

In other PayPal news, Director Deborah M. Messemer sold 3,795 shares of the business's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $73.00, for a total value of $277,035.00. Following the transaction, the director owned 13,976 shares of the company's stock, valued at approximately $1,020,248. The trade was a 21.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Diego Scotti sold 3,839 shares of the company's stock in a transaction on Friday, June 6th. The shares were sold at an average price of $73.24, for a total value of $281,168.36. Following the transaction, the executive vice president directly owned 16,989 shares in the company, valued at $1,244,274.36. This represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 22,736 shares of company stock worth $1,620,835 in the last ninety days. Company insiders own 0.08% of the company's stock.

PayPal Trading Down 0.6%

Shares of PYPL stock traded down $0.4140 during mid-day trading on Tuesday, reaching $69.1160. 5,818,116 shares of the stock traded hands, compared to its average volume of 11,175,106. The stock's fifty day simple moving average is $72.48 and its two-hundred day simple moving average is $70.55. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The company has a market cap of $66.03 billion, a price-to-earnings ratio of 14.76, a price-to-earnings-growth ratio of 1.07 and a beta of 1.42. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings data 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. The company had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period last year, the company 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, research analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

PYPL has been the topic of a number of research analyst reports. Royal Bank Of Canada restated an "outperform" rating and issued a $88.00 price target on shares of PayPal in a research note on Thursday, June 26th. Seaport Res Ptn upgraded PayPal from a "strong sell" rating to a "hold" rating in a research note on Monday, July 14th. Wall Street Zen upgraded PayPal from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Barclays reiterated an "overweight" rating on shares of PayPal in a research report on Tuesday, July 29th. Finally, JMP Securities lowered their price objective on PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a research report on Wednesday, July 30th. Seventeen equities 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 currently has a consensus rating of "Hold" and a consensus target price of $85.00.

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.