PayPal Holdings, Inc. $PYPL Shares Sold by CX Institutional

Key Points

• CX Institutional has reduced its holdings in PayPal by 63.7%, selling 44,476 shares in the second quarter, leaving it with 25,308 shares valued at approximately $1.88 million.
• Insider Suzan Kereere sold 4,162 shares of PayPal's stock for about $288,801, representing a 7.91% decrease in their ownership.
• PayPal reported robust earnings, with $1.40 EPS for the last quarter, surpassing expectations and indicating strong growth with a forecast of 5.03 EPS for the current year.

CX Institutional reduced its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 63.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,308 shares of the credit services provider's stock after selling 44,476 shares during the period. CX Institutional's holdings in PayPal were worth $1,881,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in PYPL. Gordian Capital Singapore Pte Ltd raised its position in shares of PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock valued at $31,000 after buying an additional 138 shares during the period. CreativeOne Wealth LLC increased its position in shares of PayPal by 1.5% during the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider's stock worth $613,000 after acquiring an additional 142 shares during the period. MONECO Advisors LLC increased its position in shares of PayPal by 0.8% during the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider's stock worth $1,334,000 after acquiring an additional 154 shares during the period. DMC Group LLC increased its position in shares of PayPal by 2.0% during the first quarter. DMC Group LLC now owns 7,948 shares of the credit services provider's stock worth $519,000 after acquiring an additional 155 shares during the period. Finally, Bryn Mawr Capital Management LLC increased its position in shares of PayPal by 4.5% during the first quarter. Bryn Mawr Capital Management LLC now owns 3,590 shares of the credit services provider's stock worth $234,000 after acquiring an additional 155 shares during the period. 68.32% of the stock is currently owned by institutional investors and hedge funds.

PayPal Stock Performance

NASDAQ PYPL traded down $0.41 during trading hours on Tuesday, hitting $67.27. The company had a trading volume of 6,039,403 shares, compared to its average volume of 11,089,599. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The company has a market cap of $64.27 billion, a PE ratio of 14.37, a price-to-earnings-growth ratio of 1.05 and a beta of 1.43. The business has a 50 day moving average of $70.01 and a 200-day moving average of $69.36.

PayPal (NASDAQ:PYPL - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The company had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. During the same quarter in the prior year, the firm posted $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 research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on PYPL. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $88.00 price objective on shares of PayPal in a research report on Thursday, June 26th. Seaport Res Ptn raised PayPal from a "strong sell" rating to a "hold" rating in a research report on Monday, July 14th. Morgan Stanley reaffirmed a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Barclays reissued an "overweight" rating on shares of PayPal in a report on Tuesday, July 29th. Finally, Truist Financial started coverage on PayPal in a report on Monday, June 2nd. They issued a "sell" rating and a $68.00 target price on the stock. Seventeen research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $84.50.

Insider Buying and Selling

In related news, insider Suzan Kereere sold 4,162 shares of the firm's stock in a transaction dated Tuesday, August 19th. The stock was 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 of the company's stock, valued at $3,364,235.37. This trade represents a 7.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Chris Natali sold 7,102 shares of the firm's stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The disclosure for this sale can be found here. Insiders have sold a total of 15,102 shares of company stock valued at $1,046,607 over the last quarter. 0.08% of the stock is currently owned by insiders.

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.