Beech Hill Advisors Inc. Sells 9,733 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Beech Hill Advisors Inc. reduced its stake in PayPal by 24.8%, selling 9,733 shares, and now holds 29,592 shares valued at approximately $2.2 million.
• Several institutional investors, including AQR Capital Management and Allianz SE, increased their positions in PayPal, with Allianz raising its stake by 281.8%.
• PayPal's recent quarterly earnings exceeded expectations, with an EPS of $1.40 compared to estimates of $1.30, and the company provided future guidance for Q3 2025 EPS between 1.180 - 1.220.

Beech Hill Advisors Inc. trimmed its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 24.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,592 shares of the credit services provider's stock after selling 9,733 shares during the period. Beech Hill Advisors Inc.'s holdings in PayPal were worth $2,199,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. AQR Capital Management LLC lifted its stake in shares of PayPal by 15.8% in the first quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider's stock valued at $224,001,000 after buying an additional 476,763 shares in the last quarter. Thompson Investment Management Inc. lifted its stake in PayPal by 2.8% during the 2nd quarter. Thompson Investment Management Inc. now owns 154,991 shares of the credit services provider's stock valued at $11,519,000 after acquiring an additional 4,165 shares in the last quarter. Kathmere Capital Management LLC bought a new position in PayPal during the 2nd quarter valued at $325,000. Allianz SE raised its holdings in shares of PayPal by 281.8% in the first quarter. Allianz SE now owns 30,338 shares of the credit services provider's stock valued at $1,980,000 after purchasing an additional 22,392 shares during the last quarter. Finally, Nuveen LLC bought a new stake in PayPal in the 1st quarter worth about $529,264,000. Institutional investors own 68.32% of the company's stock.

Insider Activity at PayPal

In related news, EVP Diego Scotti sold 3,838 shares of the company's stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.12, for a total transaction of $265,282.56. Following the sale, the executive vice president owned 16,989 shares of the company's stock, valued at approximately $1,174,279.68. This represents a 18.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the stock in a transaction that occurred on Thursday, July 31st. The stock was 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. Over the last 90 days, insiders sold 15,102 shares of company stock valued at $1,046,607. Corporate insiders own 0.08% of the company's stock.

PayPal Trading Up 2.7%

Shares of PYPL stock opened at $69.20 on Tuesday. The stock has a market capitalization of $66.11 billion, a price-to-earnings ratio of 14.79, a PEG ratio of 1.04 and a beta of 1.44. The company's fifty day simple moving average is $68.93 and its two-hundred day simple moving average is $69.59. 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 current ratio of 1.33 and a quick ratio of 1.33.

PayPal (NASDAQ:PYPL - Get Free Report) last released its quarterly earnings data 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. 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 period in the previous 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. As a group, analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Canaccord Genuity Group restated a "buy" rating and issued a $96.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Citigroup reiterated a "buy" rating on shares of PayPal in a report on Tuesday, July 29th. BMO Capital Markets restated a "market perform" rating on shares of PayPal in a research note on Tuesday, July 29th. Seaport Res Ptn upgraded PayPal from a "strong sell" rating to a "hold" rating in a research note on Monday, July 14th. Finally, Wall Street Zen lowered shares of PayPal from a "buy" rating to a "hold" rating in a research report on Saturday, October 4th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $83.44.

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.

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