Avanza Fonder AB Has $4.89 Million Stock Position in PayPal Holdings, Inc. $PYPL

Key Points

• Avanza Fonder AB increased its stake in PayPal Holdings, acquiring an additional 5,957 shares, bringing its total holdings to 65,812 shares valued at approximately $4.89 million.
• PayPal's stock has a current market cap of $65.18 billion, with a 12-month trading range between $55.85 and $93.66, while analysts forecast an EPS of 5.03 for the current fiscal year.
• Recent insider trades include Suzan Kereere selling 4,162 shares, indicating a 7.91% decrease in her ownership, while Diego Scotti also reduced his stake by 18.43% through similar transactions.

Avanza Fonder AB lifted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 10.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 65,812 shares of the credit services provider's stock after buying an additional 5,957 shares during the period. Avanza Fonder AB's holdings in PayPal were worth $4,891,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Nuveen LLC bought a new position in shares of PayPal in the first quarter worth about $529,264,000. Goldman Sachs Group Inc. grew its position in PayPal by 44.6% in the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider's stock valued at $558,499,000 after purchasing an additional 2,638,815 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of PayPal by 124.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 3,497,415 shares of the credit services provider's stock worth $228,206,000 after purchasing an additional 1,936,520 shares during the last quarter. Deutsche Bank AG increased its stake in shares of PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock worth $733,294,000 after purchasing an additional 1,798,330 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in PayPal during the fourth quarter worth about $140,164,000. Institutional investors and hedge funds own 68.32% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on PYPL shares. Wall Street Zen raised PayPal from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. BMO Capital Markets reissued a "market perform" rating on shares of PayPal in a research report on Tuesday, July 29th. Truist Financial started coverage on shares of PayPal in a research note on Monday, June 2nd. They set a "sell" rating and a $68.00 price objective for the company. Barclays reissued an "overweight" rating on shares of PayPal in a research report on Tuesday, July 29th. Finally, Morgan Stanley reaffirmed a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Seventeen analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $84.50.

PayPal Trading Down 0.8%

PYPL stock traded down $0.54 during midday trading on Monday, hitting $67.68. 13,265,438 shares of the company's stock were exchanged, compared to its average volume of 10,202,739. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. The stock's fifty day moving average price is $70.01 and its 200-day moving average price is $69.36. The company has a market cap of $64.66 billion, a PE ratio of 14.46, a price-to-earnings-growth ratio of 1.05 and a beta of 1.43.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its 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 return on equity of 25.35% and a net margin of 14.49%.The firm had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. During the same quarter in the previous year, the firm 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. Research analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In other PayPal news, 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 completion of the sale, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Chris Natali sold 7,102 shares of the firm's stock in a transaction on 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. Insiders sold a total of 15,102 shares of company stock worth $1,046,607 in the last three months. Insiders own 0.08% of the company's stock.

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.