Canada Pension Plan Investment Board Grows Position in PayPal Holdings, Inc. $PYPL

Key Points

• The Canada Pension Plan Investment Board increased its stake in PayPal Holdings by 52% during the first quarter, holding approximately 1.44 million shares valued at $94.27 million.
• PayPal reported earnings of $1.40 per share for the last quarter, exceeding analysts' expectations, and achieved a revenue of $8.29 billion.
• PayPal's stock has received a mix of ratings; 17 analysts recommend a "Buy," while others have rated it a "Hold," with a consensus target price of $85.00.

Canada Pension Plan Investment Board lifted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 52.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,444,667 shares of the credit services provider's stock after purchasing an additional 494,177 shares during the quarter. Canada Pension Plan Investment Board owned about 0.15% of PayPal worth $94,265,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Mpwm Advisory Solutions LLC purchased a new position in shares of PayPal during the 4th quarter worth $25,000. Bernard Wealth Management Corp. purchased a new position in shares of PayPal during the 4th quarter worth $34,000. Pinney & Scofield Inc. purchased a new position in shares of PayPal during the 4th quarter worth $35,000. Evermay Wealth Management LLC grew its holdings in shares of 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 purchasing an additional 363 shares during the period. Finally, Garde Capital Inc. purchased a new position in shares of PayPal during the 1st quarter worth $28,000. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

PayPal Price Performance

PYPL stock opened at $70.19 on Friday. 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 firm has a market capitalization of $67.06 billion, a P/E ratio of 15.00, a P/E/G ratio of 1.08 and a beta of 1.42. The business's 50-day moving average is $72.06 and its two-hundred day moving average is $70.04. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66.

PayPal (NASDAQ:PYPL - Get Free Report) last posted its quarterly earnings results 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 quarter last year, the company 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. Analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CAO Chris Natali sold 7,102 shares of the firm's stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the firm's stock in a transaction dated Thursday, July 31st. The stock was 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 in the company, valued at $1,174,279.68. This trade represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold 26,898 shares of company stock worth $1,909,636 over the last 90 days. 0.08% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on PYPL shares. Morgan Stanley reissued a "positive" rating on shares of PayPal in a research note on Wednesday, July 30th. BMO Capital Markets reissued a "market perform" rating on shares of PayPal in a research note on Tuesday, July 29th. Citigroup reissued a "buy" rating on shares of PayPal in a research note on Tuesday, July 29th. Piper Sandler set a $74.00 target price on PayPal in a research note on Tuesday, July 29th. Finally, Barclays reissued an "overweight" rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $85.00.

PayPal Company 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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