Brooks Moore & Associates Inc. Has $1.69 Million Stock Position in PayPal Holdings, Inc. $PYPL

Key Points

• Brooks Moore & Associates Inc. increased its stake in PayPal Holdings by 22.6%, holding 25,875 shares worth approximately $1.69 million as of the first quarter.
• A variety of institutional investors have also invested in PayPal, with a strong 68.32% of the company's stock owned by institutions.
• Equities research analysts have mixed sentiments on PayPal, with a consensus rating of "Hold" and an average target price of $85.00.

Brooks Moore & Associates Inc. increased its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 22.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,875 shares of the credit services provider's stock after purchasing an additional 4,770 shares during the period. Brooks Moore & Associates Inc.'s holdings in PayPal were worth $1,688,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Mpwm Advisory Solutions LLC purchased a new position in shares of PayPal during the fourth quarter valued at approximately $25,000. Bernard Wealth Management Corp. bought a new position in PayPal during the 4th quarter valued at $34,000. Pinney & Scofield Inc. purchased a new position in PayPal during the 4th quarter worth $35,000. Evermay Wealth Management LLC boosted its holdings in PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock worth $27,000 after acquiring an additional 363 shares during the last quarter. Finally, Garde Capital Inc. bought a new stake in shares of PayPal in the 1st quarter worth $28,000. Institutional investors own 68.32% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on PYPL shares. Needham & Company LLC reiterated a "hold" rating on shares of PayPal in a research note on Wednesday, April 30th. UBS Group reduced their target price on PayPal from $88.00 to $75.00 and set a "neutral" rating for the company in a report on Wednesday, April 30th. Robert W. Baird lifted their price target on PayPal from $78.00 to $79.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Seaport Res Ptn raised PayPal from a "strong sell" rating to a "hold" rating in a research report on Monday, July 14th. Finally, Wall Street Zen raised PayPal from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $85.00.

Insider Buying and Selling at PayPal

In related news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $73.24, for a total value of $304,824.88. Following the completion of the transaction, the insider directly owned 48,483 shares in the company, valued at approximately $3,550,894.92. The trade was a 7.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Deborah M. Messemer sold 3,795 shares of the stock in a transaction on Friday, June 6th. The stock was sold at an average price of $73.00, for a total value of $277,035.00. Following the sale, the director owned 13,976 shares in the company, valued at approximately $1,020,248. This represents a 21.36% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 26,898 shares of company stock worth $1,909,636 over the last three months. Company insiders own 0.08% of the company's stock.

PayPal Stock Performance

Shares of PYPL opened at $69.90 on Monday. 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. The stock's fifty day moving average price is $72.07 and its two-hundred day moving average price is $70.20. The firm has a market cap of $66.78 billion, a PE ratio of 14.94, a PEG ratio of 1.08 and a beta of 1.42.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share 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 company had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. During the same quarter last 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. On average, equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Profile

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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