Bragg Financial Advisors Inc Raises Position in PayPal Holdings, Inc. $PYPL

Key Points

• Bragg Financial Advisors Inc increased its stake in PayPal Holdings, Inc. by 18.7% during the first quarter, owning 67,882 shares valued at approximately $4.43 million.
• The stock price of PayPal is currently down 0.8%, opening at $67.55, with a market capitalization of $64.54 billion.
• PayPal's latest earnings report revealed an EPS of $1.40, exceeding estimates, and the company has announced guidance for Q3 2025 earnings between $1.180 and $1.220.

Bragg Financial Advisors Inc raised its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 18.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,882 shares of the credit services provider's stock after purchasing an additional 10,678 shares during the period. Bragg Financial Advisors Inc's holdings in PayPal were worth $4,429,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PYPL. Mpwm Advisory Solutions LLC purchased a new stake in PayPal during the fourth quarter valued at approximately $25,000. Evermay Wealth Management LLC raised its position in PayPal by 726.0% during the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock valued at $27,000 after purchasing an additional 363 shares during the period. Garde Capital Inc. purchased a new stake in PayPal during the first quarter valued at approximately $28,000. Tsfg LLC raised its position in PayPal by 81.6% during the first quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock valued at $29,000 after purchasing an additional 200 shares during the period. Finally, Bernard Wealth Management Corp. purchased a new stake in shares of PayPal in the fourth quarter worth approximately $34,000. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

PayPal Stock Down 0.8%

Shares of NASDAQ PYPL opened at $67.55 on Friday. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $64.54 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 1.05 and a beta of 1.42. The stock's fifty day simple moving average is $72.09 and its two-hundred day simple moving average is $70.37. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66.

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 the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion for the quarter, compared to analysts' expectations 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 firm earned $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 expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on PYPL. Needham & Company LLC reiterated a "hold" rating on shares of PayPal in a report on Wednesday, April 30th. Wall Street Zen upgraded PayPal from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. UBS Group reduced their price target on PayPal from $88.00 to $75.00 and set a "neutral" rating on the stock in a report on Wednesday, April 30th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on PayPal in a report on Tuesday, July 29th. Finally, JMP Securities reduced their price objective on PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a report on Wednesday, July 30th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, PayPal currently has a consensus rating of "Hold" and a consensus target price of $85.00.

Insider Buying and Selling

In other news, EVP Diego Scotti sold 3,838 shares of the firm's stock in a transaction on 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 sale, the executive vice president owned 16,989 shares of the company's stock, valued at $1,174,279.68. This trade represents a 18.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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 26,898 shares of company stock worth $1,909,636 over the last quarter. 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.

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