Azora Capital LP purchased a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 98,892 shares of the credit services provider's stock, valued at approximately $6,453,000.
A number of other large investors also recently added to or reduced their stakes in PYPL. Vanguard Group Inc. raised its stake in shares of PayPal by 0.3% in the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider's stock valued at $5,625,976,000 after acquiring an additional 276,339 shares in the last quarter. Deutsche Bank AG raised its stake in shares of PayPal by 19.1% in the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock valued at $733,294,000 after acquiring an additional 1,798,330 shares in the last quarter. Invesco Ltd. raised its stake in shares of PayPal by 14.9% in the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider's stock valued at $620,924,000 after acquiring an additional 1,232,155 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of 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 acquiring an additional 2,638,815 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in shares of PayPal in the first quarter valued at $529,264,000. 68.32% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at PayPal
In other news, EVP Diego Scotti sold 3,838 shares of the stock in a transaction dated 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 owned 16,989 shares in the company, valued at approximately $1,174,279.68. This represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the sale, the insider owned 48,483 shares of the company's stock, valued at $3,364,235.37. This trade represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 26,898 shares of company stock worth $1,909,636 over the last three months. 0.08% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft set a $75.00 target price on PayPal in a report on Tuesday, July 29th. BMO Capital Markets reissued a "market perform" rating on shares of PayPal in a report on Tuesday, July 29th. Wall Street Zen raised PayPal from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Morgan Stanley reissued a "positive" rating on shares of PayPal in a report on Wednesday, July 30th. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a $88.00 target price on shares of PayPal in a report on Thursday, June 26th. Seventeen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, PayPal presently has a consensus rating of "Hold" and an average price target of $85.00.
Check Out Our Latest Stock Analysis on PYPL
PayPal Stock Performance
Shares of PYPL stock opened at $70.19 on Friday. The stock's 50-day moving average is $72.06 and its two-hundred day moving average is $70.04. The firm has a market cap of $67.06 billion, a price-to-earnings ratio of 15.00, a PEG ratio of 1.08 and a beta of 1.42. 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 quick ratio of 1.33 and a current ratio of 1.33.
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, topping the consensus estimate of $1.30 by $0.10. The company had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same quarter last year, the company 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. Analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.
About PayPal
(
Free Report)
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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