Counterpoint Mutual Funds LLC Takes $306,000 Position in PayPal Holdings, Inc. $PYPL

Key Points

• Counterpoint Mutual Funds LLC acquired a new stake in PayPal Holdings, Inc., valued at approximately $306,000, during the 2nd quarter.
• Insiders reported significant stock sales, with Suzan Kereere selling 4,162 shares for about $288,801, and Diego Scotti selling 3,838 shares for around $265,283.
• The stock price of PayPal increased by 0.8%, with its recent earnings per share reported at $1.40, surpassing analysts' expectations.

Counterpoint Mutual Funds LLC purchased a new stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,123 shares of the credit services provider's stock, valued at approximately $306,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Evermay Wealth Management LLC grew its position in 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 acquiring an additional 363 shares during the last quarter. Garde Capital Inc. bought a new stake in PayPal during the 1st quarter worth $28,000. Tsfg LLC grew its position in PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock worth $29,000 after acquiring an additional 200 shares during the last quarter. Gordian Capital Singapore Pte Ltd grew its position in PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock worth $31,000 after acquiring an additional 138 shares during the last quarter. Finally, Crewe Advisors LLC grew its position in PayPal by 1,461.8% during the 1st quarter. Crewe Advisors LLC now owns 531 shares of the credit services provider's stock worth $35,000 after acquiring an additional 497 shares during the last quarter. Institutional investors own 68.32% of the company's stock.

Insider Activity

In other news, insider Suzan Kereere sold 4,162 shares of the business's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the transaction, the insider directly owned 48,483 shares of the company's stock, valued at $3,364,235.37. The trade was a 7.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Diego Scotti sold 3,838 shares of the business's stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.12, for a total value of $265,282.56. Following the completion of the transaction, the executive vice president directly owned 16,989 shares in the company, valued at $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. Insiders have sold 15,102 shares of company stock valued at $1,046,607 in the last ninety days. 0.08% of the stock is owned by company insiders.

PayPal Stock Up 0.8%

Shares of NASDAQ:PYPL opened at $67.86 on Thursday. The company has a market capitalization of $64.83 billion, a price-to-earnings ratio of 14.50, a P/E/G ratio of 1.04 and a beta of 1.43. 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 business's 50-day moving average is $69.79 and its 200-day moving average is $69.33. 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 announced 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. The company had revenue of $8.29 billion for 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 previous year, the business 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. Equities research analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

PYPL has been the topic of a number of research reports. Wall Street Zen upgraded PayPal from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Morgan Stanley restated a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Canaccord Genuity Group restated a "buy" rating and set a $96.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Piper Sandler set a $74.00 target price on PayPal in a report on Tuesday, July 29th. Finally, BMO Capital Markets reaffirmed a "market perform" rating on shares of PayPal in a report on Tuesday, July 29th. Seventeen investment 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 MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $84.50.

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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