Free Trial

Boston Common Asset Management LLC Has $5.67 Million Stock Holdings in PayPal Holdings, Inc. $PYPL

PayPal logo with Business Services background

Key Points

  • Boston Common Asset Management LLC reduced its stake in PayPal Holdings, Inc. by 13.7% in the second quarter, now holding $5.67 million worth of shares.
  • Multiple hedge funds have increased or newly acquired stakes in PayPal, indicating continued institutional interest, with 68.32% of the company's stock now owned by institutional investors.
  • PayPal reported quarterly earnings exceeding analyst expectations, with an EPS of $1.40 and revenue of $8.29 billion, prompting analysts to set an average price target of approximately $84.50 for its shares.
  • Five stocks to consider instead of PayPal.

Boston Common Asset Management LLC lessened its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 13.7% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 76,349 shares of the credit services provider's stock after selling 12,151 shares during the quarter. Boston Common Asset Management LLC's holdings in PayPal were worth $5,674,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. AQR Capital Management LLC raised its stake in PayPal by 15.8% in the 1st quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider's stock worth $224,001,000 after purchasing an additional 476,763 shares in the last quarter. Kathmere Capital Management LLC acquired a new stake in PayPal in the 2nd quarter worth about $325,000. Allianz SE raised its stake in PayPal by 281.8% in the 1st quarter. Allianz SE now owns 30,338 shares of the credit services provider's stock worth $1,980,000 after purchasing an additional 22,392 shares in the last quarter. Nuveen LLC acquired a new stake in PayPal in the 1st quarter worth about $529,264,000. Finally, Kingstone Capital Partners Texas LLC acquired a new stake in PayPal in the 2nd quarter worth about $3,513,000. Institutional investors and hedge funds own 68.32% of the company's stock.

PayPal Trading Up 0.5%

NASDAQ:PYPL opened at $69.25 on Friday. The firm's fifty day moving average is $68.68 and its 200-day moving average is $69.30. 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 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 $66.16 billion, a P/E ratio of 14.80, a P/E/G ratio of 1.07 and a beta of 1.44.

PayPal (NASDAQ:PYPL - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, beating analysts' consensus estimates of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. 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 firm 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. Equities analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Insider Activity

In other news, EVP Diego Scotti sold 3,838 shares of the company's stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.12, for a total value of $265,282.56. Following the sale, the executive vice president directly 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 document filed 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 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. In the last three months, insiders have sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

PYPL has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a research note on Tuesday, July 29th. Macquarie restated an "outperform" rating and issued a $95.00 target price on shares of PayPal in a research report on Wednesday, July 30th. Seaport Res Ptn upgraded shares of PayPal from a "strong sell" rating to a "hold" rating in a research report on Monday, July 14th. Citigroup restated a "buy" rating on shares of PayPal in a research report on Tuesday, July 29th. Finally, Wall Street Zen cut shares of PayPal from a "buy" rating to a "hold" rating in a research report on Saturday. Seventeen investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $84.50.

View Our Latest Stock Report on PYPL

PayPal Profile

(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.

Featured Stories

Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in PayPal Right Now?

Before you consider PayPal, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PayPal wasn't on the list.

While PayPal currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Hot Stocks to Buy Now: October’s Top Picks With Major Upside
5 Secret Tech Stocks Wall Street Missed
Buy the Dip: 3 Healthcare Stocks Ready to Recover

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines