Ardent Capital Management Inc. Sells 51,586 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Ardent Capital Management Inc. reduced its stake in PayPal by 49.9% during Q2, selling 51,586 shares and now owns about 1.8% of the company's investment portfolio, worth approximately $3.85 million.
• PayPal's recent quarterly earnings exceeded estimates with an EPS of $1.40, while the company provided guidance for Q3 FY 2025 EPS between 1.180 and 1.220.
• Institutional investors hold 68.32% of PayPal's stock, with a consensus rating of "Hold" and an average price target of $83.44 among analysts.

Ardent Capital Management Inc. lessened its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 49.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 51,816 shares of the credit services provider's stock after selling 51,586 shares during the quarter. PayPal comprises about 1.8% of Ardent Capital Management Inc.'s investment portfolio, making the stock its 10th biggest position. Ardent Capital Management Inc.'s holdings in PayPal were worth $3,851,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of PYPL. Evermay Wealth Management LLC boosted its holdings in shares of PayPal by 726.0% during the first 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. Hilltop National Bank acquired a new stake in shares of PayPal during the second quarter worth $27,000. Garde Capital Inc. acquired a new stake in shares of PayPal during the first quarter worth $28,000. Tsfg LLC boosted its holdings in shares of PayPal by 81.6% during the first 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 last quarter. Finally, Gordian Capital Singapore Pte Ltd boosted its holdings in shares of PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock worth $31,000 after purchasing an additional 138 shares during the last quarter. Institutional investors and hedge funds own 68.32% of the company's stock.

PayPal Stock Up 2.7%

Shares of PayPal stock opened at $69.20 on Tuesday. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66. The stock has a market cap of $66.11 billion, a price-to-earnings ratio of 14.79, a price-to-earnings-growth ratio of 1.04 and a beta of 1.44. 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 company has a fifty day moving average price of $68.93 and a 200 day moving average price of $69.59.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping analysts' consensus estimates of $1.30 by $0.10. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The company had revenue of $8.29 billion for the quarter, compared to analysts' expectations of $8.08 billion. During the same quarter in the previous year, the firm posted $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. Equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. BMO Capital Markets restated a "market perform" rating on shares of PayPal in a report on Tuesday, July 29th. Canaccord Genuity Group restated a "buy" rating and set a $96.00 price objective on shares of PayPal in a report on Wednesday, July 30th. Morgan Stanley restated a "positive" rating on shares of PayPal in a report on Wednesday, July 30th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $88.00 target price on shares of PayPal in a report on Thursday, June 26th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 price target on PayPal in a research note on Tuesday, July 29th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, PayPal presently has a consensus rating of "Hold" and an average price target of $83.44.

Insiders Place Their Bets

In other PayPal news, CAO Chris Natali sold 7,102 shares of the stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.12, for a total transaction of $265,282.56. Following the sale, the executive vice president owned 16,989 shares in the company, valued at $1,174,279.68. This represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,102 shares of company stock worth $1,046,607 in the last 90 days. 0.08% of the stock is owned by company insiders.

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.

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