American Century Companies Inc. Sells 711,570 Shares of PayPal Holdings, Inc. $PYPL

Key Points

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American Century Companies Inc. lowered its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 41.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 985,119 shares of the credit services provider's stock after selling 711,570 shares during the period. American Century Companies Inc. owned approximately 0.10% of PayPal worth $64,279,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Mpwm Advisory Solutions LLC bought a new stake in shares of PayPal during the 4th quarter valued at about $25,000. Bernard Wealth Management Corp. purchased a new stake in shares of PayPal during the fourth quarter worth about $34,000. Pinney & Scofield Inc. purchased a new stake in shares of PayPal during the fourth quarter worth about $35,000. Evermay Wealth Management LLC raised its stake in 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 period. Finally, Garde Capital Inc. purchased a new position in PayPal in the 1st quarter worth approximately $28,000. Institutional investors own 68.32% of the company's stock.

Insider Buying and Selling at PayPal

In other news, insider Suzan Kereere sold 4,162 shares of the business's stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $73.24, for a total value of $304,824.88. Following the completion of the sale, the insider owned 48,483 shares in the company, valued at approximately $3,550,894.92. The trade was a 7.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Deborah M. Messemer sold 3,795 shares of the stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $73.00, for a total transaction of $277,035.00. Following the transaction, the director owned 13,976 shares in the company, valued at approximately $1,020,248. This represents a 21.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 26,898 shares of company stock worth $1,909,636. Company insiders own 0.08% of the company's stock.

PayPal Trading Down 1.0%

Shares of NASDAQ:PYPL traded down $0.7030 during trading hours on Thursday, hitting $67.3770. 4,399,991 shares of the company's stock traded hands, compared to its average volume of 11,144,426. The firm has a market capitalization of $64.37 billion, a P/E ratio of 14.40, a price-to-earnings-growth ratio of 1.06 and a beta of 1.42. The business has a fifty day moving average price of $72.23 and a 200-day moving average price of $70.52. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. 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 posted its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The company had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. During the same quarter 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 analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Compass Point initiated coverage on PayPal in a research note on Wednesday, April 23rd. They issued a "sell" rating and a $56.00 price target for the company. BMO Capital Markets reaffirmed a "market perform" rating on shares of PayPal in a report on Tuesday, July 29th. Piper Sandler set a $74.00 target price on PayPal in a research report on Tuesday, July 29th. JMP Securities reduced their price target on shares of PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a research report on Wednesday, July 30th. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and set a $96.00 price target on shares of PayPal in a research note on Wednesday, July 30th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, PayPal presently has an average rating of "Hold" and a consensus price target of $85.00.

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.