Brookstone Capital Management Trims Holdings in PayPal Holdings, Inc. $PYPL

Brookstone Capital Management trimmed its stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 8.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 55,266 shares of the credit services provider's stock after selling 5,026 shares during the period. Brookstone Capital Management's holdings in PayPal were worth $4,107,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hilltop National Bank purchased a new stake in shares of PayPal in the 2nd quarter valued at approximately $27,000. Evermay Wealth Management LLC raised its stake in shares of PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock valued at $27,000 after acquiring an additional 363 shares during the period. Tsfg LLC raised its stake in shares of PayPal by 81.6% in the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock valued at $29,000 after acquiring an additional 200 shares during the period. Gordian Capital Singapore Pte Ltd raised its stake in shares of PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock valued at $31,000 after acquiring an additional 138 shares during the period. Finally, American National Bank & Trust raised its stake in shares of PayPal by 52.5% in the 2nd quarter. American National Bank & Trust now owns 610 shares of the credit services provider's stock valued at $45,000 after acquiring an additional 210 shares during the period. 68.32% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at PayPal

In other PayPal news, insider Suzan Kereere sold 4,162 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the sale, the insider directly owned 48,483 shares of the company's stock, valued at approximately $3,364,235.37. This represents a 7.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Diego Scotti sold 3,838 shares of the 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 completion of the sale, the executive vice president directly 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 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. Insiders own 0.08% of the company's stock.

PayPal Trading Up 2.3%

Shares of NASDAQ:PYPL opened at $69.66 on Friday. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The company's 50 day moving average is $68.93 and its two-hundred day moving average is $69.66. 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 company has a market cap of $66.55 billion, a PE ratio of 14.88, a P/E/G ratio of 1.05 and a beta of 1.44.

PayPal (NASDAQ:PYPL - Get Free Report) last announced 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 the consensus estimate 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 predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Analysts Set New Price Targets

PYPL has been the topic of a number of research analyst reports. Sanford C. Bernstein reduced their price target on shares of PayPal from $85.00 to $76.00 in a research note on Tuesday. Morgan Stanley reaffirmed a "positive" rating on shares of PayPal in a research note on Wednesday, July 30th. JMP Securities cut their target price on shares of PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a research note on Wednesday, July 30th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of PayPal in a research note on Wednesday, October 8th. Finally, Barclays reaffirmed an "overweight" rating on shares of PayPal in a research note on Tuesday, July 29th. Fifteen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $82.57.

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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