Capricorn Fund Managers Ltd Sells 11,783 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Capricorn Fund Managers Ltd reduced its stake in PayPal Holdings, Inc. by 17.5%, selling 11,783 shares and now owning 55,442 shares worth approximately $4.1 million.
• Several institutional investors increased their positions in PayPal during the first quarter, with notable investments from Nuveen LLC and Goldman Sachs, along with a reported ownership of 68.32% by institutional investors overall.
• PayPal reported better-than-expected earnings for the quarter, with $1.40 earnings per share, surpassing analyst expectations of $1.30, and had set guidance for the next fiscal years.

Capricorn Fund Managers Ltd decreased its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 17.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 55,442 shares of the credit services provider's stock after selling 11,783 shares during the quarter. PayPal makes up about 1.9% of Capricorn Fund Managers Ltd's investment portfolio, making the stock its 25th largest position. Capricorn Fund Managers Ltd's holdings in PayPal were worth $4,120,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of PYPL. Nuveen LLC acquired a new stake in shares of PayPal in the 1st quarter valued at $529,264,000. Goldman Sachs Group Inc. increased its stake in shares of PayPal by 44.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider's stock valued at $558,499,000 after buying an additional 2,638,815 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of PayPal by 124.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 3,497,415 shares of the credit services provider's stock valued at $228,206,000 after buying an additional 1,936,520 shares during the period. Deutsche Bank AG increased its stake in shares of PayPal by 19.1% in the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock valued at $733,294,000 after buying an additional 1,798,330 shares during the period. Finally, Invesco Ltd. increased its stake in shares of PayPal by 14.9% in the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider's stock valued at $620,924,000 after buying an additional 1,232,155 shares during the period. Institutional investors own 68.32% of the company's stock.

PayPal Stock Up 0.5%

NASDAQ:PYPL opened at $69.25 on Friday. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. 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 stock has a market cap of $66.16 billion, a price-to-earnings ratio of 14.80, a PEG ratio of 1.06 and a beta of 1.44. The stock has a 50-day moving average price of $68.68 and a two-hundred day moving average price of $69.31.

PayPal (NASDAQ:PYPL - Get Free Report) last posted its 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. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The firm had revenue of $8.29 billion during the quarter, compared to analysts' expectations of $8.08 billion. During the same period in the previous year, the firm earned $1.19 earnings per share. 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, equities analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Morgan Stanley reissued a "positive" rating on shares of PayPal in a research note on Wednesday, July 30th. Weiss Ratings reissued a "hold (c)" rating on shares of PayPal in a research note on Saturday, September 27th. Seaport Res Ptn raised PayPal from a "strong sell" rating to a "hold" rating in a research note on Monday, July 14th. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on PayPal in a research note on Tuesday, July 29th. Finally, Rothschild & Co Redburn lifted their price objective on PayPal from $66.00 to $70.00 and gave the stock a "neutral" rating in a research note on Tuesday, September 16th. Seventeen research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $84.50.

Insider Buying and Selling at PayPal

In other PayPal news, CAO Chris Natali sold 7,102 shares of the business's stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the business's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the transaction, the insider directly owned 48,483 shares of the company's stock, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,102 shares of company stock valued at $1,046,607. Company insiders own 0.08% of the company's stock.

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.

Want to see what other hedge funds are holding PYPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report).

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.