AlphaQuest LLC Takes Position in PayPal Holdings, Inc. $PYPL

Key Points

• AlphaQuest LLC acquired a new position in PayPal, purchasing 8,807 shares valued at approximately $575,000 in the 1st quarter.
• PayPal reported $1.40 earnings per share, surpassing analysts' estimates, with a revenue of $8.29 billion for the quarter.
• The stock has seen significant institutional interest, with 68.32% of shares held by institutional investors, and a consensus price target of $85.00 from analysts.

AlphaQuest LLC purchased a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 8,807 shares of the credit services provider's stock, valued at approximately $575,000.

Several other institutional investors and hedge funds also recently made changes to their positions in PYPL. Mpwm Advisory Solutions LLC bought a new position in PayPal in the 4th quarter worth about $25,000. Evermay Wealth Management LLC boosted its stake in 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 period. Garde Capital Inc. bought a new position in PayPal in the 1st quarter worth about $28,000. Tsfg LLC boosted its stake in PayPal by 81.6% in the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock worth $29,000 after purchasing an additional 200 shares during the period. Finally, Bernard Wealth Management Corp. bought a new position in PayPal in the 4th quarter worth about $34,000. Institutional investors own 68.32% of the company's stock.

PayPal Stock Performance

Shares of NASDAQ PYPL opened at $69.48 on Tuesday. The stock has a market cap of $66.38 billion, a price-to-earnings ratio of 14.85, a P/E/G ratio of 1.08 and a beta of 1.42. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The stock's 50-day moving average is $72.01 and its 200 day moving average is $70.14.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, beating analysts' consensus estimates of $1.30 by $0.10. The company had revenue of $8.29 billion for the quarter, compared to analysts' expectations 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 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. On average, sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PYPL. Morgan Stanley reiterated a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Piper Sandler set a $74.00 price target on PayPal in a research report on Tuesday, July 29th. Wall Street Zen upgraded PayPal from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Macquarie reiterated an "outperform" rating and set a $95.00 price target on shares of PayPal in a research report on Wednesday, July 30th. Finally, Citigroup reiterated a "buy" rating on shares of PayPal in a research report on Tuesday, July 29th. Seventeen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $85.00.

Insider Buying and Selling

In other PayPal news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $73.24, for a total value of $304,824.88. Following the transaction, the insider directly owned 48,483 shares of the company's stock, valued at $3,550,894.92. The trade was a 7.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Diego Scotti sold 3,839 shares of PayPal stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $73.24, for a total value of $281,168.36. Following the completion of the transaction, the executive vice president directly owned 16,989 shares in the company, valued at $1,244,274.36. This trade represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 26,898 shares of company stock valued at $1,909,636 over the last quarter. Company insiders own 0.08% of the company's stock.

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.

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