Chevy Chase Trust Holdings LLC Sells 4,041 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Chevy Chase Trust Holdings LLC has reduced its stake in PayPal Holdings, Inc. by 0.8%, selling 4,041 shares and now holding 528,726 shares valued at approximately $39.3 million.
• Institutional investors continue to play a significant role in PayPal, with Vanguard Group, Deutsche Bank, Invesco, and Goldman Sachs increasing their holdings during the first quarter of this year.
• PayPal reported better-than-expected quarterly earnings with an EPS of $1.40, exceeding analysts' estimates and projecting guidance for Q3 2025 between 1.180 and 1.220 EPS.

Chevy Chase Trust Holdings LLC decreased its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 0.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 528,726 shares of the credit services provider's stock after selling 4,041 shares during the period. Chevy Chase Trust Holdings LLC owned 0.05% of PayPal worth $39,295,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in PayPal by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider's stock worth $5,625,976,000 after acquiring an additional 276,339 shares during the last quarter. Deutsche Bank AG raised its holdings in PayPal by 19.1% in the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock worth $733,294,000 after acquiring an additional 1,798,330 shares during the last quarter. Invesco Ltd. raised its holdings in PayPal by 14.9% in the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider's stock worth $620,924,000 after acquiring an additional 1,232,155 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in 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 worth $558,499,000 after acquiring an additional 2,638,815 shares during the last quarter. Finally, Nuveen LLC purchased a new position in PayPal in the 1st quarter worth approximately $529,264,000. Institutional investors own 68.32% of the company's stock.

PayPal Trading Up 2.1%

Shares of PYPL stock opened at $67.41 on Friday. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The firm has a fifty day moving average price of $68.89 and a 200-day moving average price of $69.45. 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 cap of $64.40 billion, a price-to-earnings ratio of 14.40, a PEG ratio of 1.02 and a beta of 1.44.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings data 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 net margin of 14.49% and a return on equity of 25.35%. The firm had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. During the same quarter in the previous 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. As a group, equities analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Insider Activity

In related news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction 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 transaction, the executive vice president owned 16,989 shares in the company, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total transaction of $288,801.18. Following the transaction, the insider owned 48,483 shares in the company, valued at approximately $3,364,235.37. This trade represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,102 shares of company stock valued at $1,046,607 in the last 90 days. Company insiders own 0.08% of the company's stock.

Analyst Upgrades and Downgrades

PYPL has been the subject of a number of recent analyst reports. Rothschild & Co Redburn boosted their price objective on shares of PayPal from $66.00 to $70.00 and gave the stock a "neutral" rating in a report on Tuesday, September 16th. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a report on Tuesday, July 29th. Morgan Stanley restated a "positive" rating on shares of PayPal in a report on Wednesday, July 30th. Wall Street Zen lowered shares of PayPal from a "buy" rating to a "hold" rating in a report on Saturday, October 4th. Finally, Citigroup reaffirmed a "buy" rating on shares of PayPal in a research report on Tuesday, July 29th. Sixteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, PayPal has an average rating of "Hold" and an average price target of $83.44.

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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