Ardsley Advisory Partners LP Cuts Stock Holdings in PayPal Holdings, Inc. $PYPL

Key Points

• Ardsley Advisory Partners LP reduced its stake in PayPal by 55.4% during the first quarter, selling 41,000 shares, leaving them with a total of 33,000 shares valued at approximately $2.15 million.
• Institutional investors and hedge funds collectively own 68.32% of PayPal's stock, with notable increases in holdings from firms like Nuveen LLC and Goldman Sachs.
• PayPal reported stronger-than-expected quarterly earnings with an EPS of $1.40, surpassing analysts' estimates, and gave guidance for the next fiscal year suggesting continued growth.

Ardsley Advisory Partners LP lessened its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 55.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,000 shares of the credit services provider's stock after selling 41,000 shares during the quarter. Ardsley Advisory Partners LP's holdings in PayPal were worth $2,153,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PYPL. Mpwm Advisory Solutions LLC acquired a new stake in shares of PayPal during the fourth quarter worth about $25,000. Evermay Wealth Management LLC increased 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 worth $27,000 after buying an additional 363 shares during the period. Garde Capital Inc. acquired a new stake in PayPal during the 1st quarter worth approximately $28,000. Tsfg LLC grew its stake in shares of PayPal by 81.6% in the first quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock worth $29,000 after acquiring an additional 200 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd increased its position 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 acquiring an additional 138 shares during the period. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on PYPL shares. BMO Capital Markets restated a "market perform" rating on shares of PayPal in a research note on Tuesday, July 29th. Macquarie reissued an "outperform" rating and issued a $95.00 target price on shares of PayPal in a research report 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 target on the stock. JMP Securities reduced their price target on shares of PayPal from $110.00 to $100.00 and set a "market outperform" rating for the company in a research report on Wednesday, July 30th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a $88.00 price objective on shares of PayPal in a research report on Thursday, June 26th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $85.00.

PayPal Price Performance

NASDAQ:PYPL traded down $0.20 during trading hours on Friday, reaching $68.26. 7,781,299 shares of the company traded hands, compared to its average volume of 8,973,464. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The firm's 50-day moving average is $71.77 and its 200-day moving average is $69.83. The stock has a market cap of $65.21 billion, a P/E ratio of 13.37, a P/E/G ratio of 1.06 and a beta of 1.43. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66.

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, beating the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion for 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 in the prior year, the business 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. Equities research analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Transactions at PayPal

In other news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total transaction of $288,801.18. Following the completion of the sale, the insider directly owned 48,483 shares in the company, valued at $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Chris Natali sold 7,102 shares of the company's stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The disclosure for this sale can be found here. Insiders sold a total of 15,102 shares of company stock worth $1,046,607 over the last ninety days. 0.08% of the stock is currently owned by corporate insiders.

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.