Arnhold LLC Raises Holdings in PayPal Holdings, Inc. $PYPL

Key Points

• Arnhold LLC increased its stake in PayPal Holdings, Inc. by 10.3% during the second quarter, bringing its total holdings to 166,753 shares valued at approximately $12.39 million.
• Multiple large investors have notably adjusted their PayPal holdings, with Evermay Wealth Management increasing their stake by 726.0% in Q1.
• PayPal reported earnings of $1.40 per share for the last quarter, surpassing analysts' expectations and achieving a revenue of $8.29 billion.

Arnhold LLC lifted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 10.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 166,753 shares of the credit services provider's stock after buying an additional 15,603 shares during the period. Arnhold LLC's holdings in PayPal were worth $12,393,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of PYPL. Evermay Wealth Management LLC grew its holdings in shares of 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 acquiring an additional 363 shares during the period. Hilltop National Bank acquired a new stake in PayPal during the 2nd quarter valued at $27,000. Garde Capital Inc. acquired a new stake in PayPal during the 1st quarter valued at $28,000. Tsfg LLC grew its holdings in PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock valued at $29,000 after buying an additional 200 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd grew its holdings in PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock valued at $31,000 after buying an additional 138 shares during the last quarter. 68.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Weiss Ratings reissued a "hold (c)" rating on shares of PayPal in a research note on Wednesday, October 8th. The Goldman Sachs Group set a $70.00 price target on PayPal and gave the stock a "sell" rating in a research note on Monday. Barclays reissued an "overweight" rating on shares of PayPal in a research note on Tuesday, July 29th. Rothschild & Co Redburn increased their price target on PayPal from $66.00 to $70.00 and gave the stock a "neutral" rating in a research note on Tuesday, September 16th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $88.00 target price on shares of PayPal in a research report on Thursday, June 26th. Sixteen 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 MarketBeat, PayPal has a consensus rating of "Hold" and a consensus price target of $83.44.

Insider Buying and Selling

In related news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.12, for a total value of $265,282.56. Following the completion of the transaction, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,174,279.68. This trade represents a 18.43% 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, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The disclosure for this sale can be found here. Over the last three months, insiders sold 15,102 shares of company stock worth $1,046,607. Corporate insiders own 0.08% of the company's stock.

PayPal Stock Performance

Shares of PYPL opened at $67.41 on Friday. The business's 50 day moving average is $68.89 and its two-hundred day moving average is $69.45. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66. The firm has a market cap of $64.40 billion, a price-to-earnings ratio of 14.40, a PEG ratio of 1.02 and a beta of 1.44. 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 announced its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $8.08 billion. During the same period in the prior year, the company 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. Analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

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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