Cardinal Point Capital Management ULC Purchases 5,390 Shares of PayPal Holdings, Inc. $PYPL

Cardinal Point Capital Management ULC boosted its stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 46.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,095 shares of the credit services provider's stock after purchasing an additional 5,390 shares during the quarter. Cardinal Point Capital Management ULC's holdings in PayPal were worth $1,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of PayPal by 15.2% in the fourth quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider's stock worth $596,000 after buying an additional 924 shares during the period. Revolve Wealth Partners LLC bought a new stake in shares of PayPal during the 4th quarter valued at $248,000. Spire Wealth Management boosted its stake in PayPal by 57.3% in the 1st quarter. Spire Wealth Management now owns 41,671 shares of the credit services provider's stock worth $2,719,000 after purchasing an additional 15,183 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in PayPal by 299.0% in the 1st quarter. Golden State Wealth Management LLC now owns 3,575 shares of the credit services provider's stock worth $233,000 after purchasing an additional 2,679 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its stake in PayPal by 17.4% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 4,970,637 shares of the credit services provider's stock worth $324,334,000 after purchasing an additional 737,296 shares in the last quarter. 68.32% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at PayPal

In related news, EVP Diego Scotti sold 3,838 shares of PayPal 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 completion of the sale, the executive vice president directly owned 16,989 shares in the company, valued at $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of PayPal 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 owned 48,483 shares in the company, valued at $3,364,235.37. This trade represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is currently owned by insiders.

PayPal Trading Up 2.3%

PYPL stock opened at $69.66 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 debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The company has a market capitalization of $66.55 billion, a price-to-earnings ratio of 14.88, a PEG ratio of 1.05 and a beta of 1.44. The business has a 50 day simple moving average of $68.93 and a two-hundred day simple moving average of $69.66.

PayPal (NASDAQ:PYPL - Get Free Report) last posted its earnings results 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. The firm had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period in the prior 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. Research analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have weighed in on PYPL shares. Macquarie reissued an "outperform" rating and issued a $95.00 target price on shares of PayPal in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft set a $75.00 target price on PayPal in a research report on Tuesday, July 29th. Sanford C. Bernstein reduced their price target on shares of PayPal from $85.00 to $76.00 in a research report on Tuesday. Rothschild & Co Redburn upped their price target on shares of PayPal from $66.00 to $70.00 and gave the company a "neutral" rating in a research report on Tuesday, September 16th. Finally, Barclays reaffirmed an "overweight" rating on shares of PayPal in a research report on Tuesday, July 29th. Fifteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $82.57.

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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