PayPal Holdings, Inc. $PYPL Shares Sold by Douglas Lane & Associates LLC

Key Points

• Douglas Lane & Associates LLC has reduced its stake in PayPal Holdings, Inc. by 7.3%, selling 57,310 shares and now owns 724,668 shares valued at approximately $53.86 million.
• Significant activity among institutional investors includes Nuveen LLC acquiring a new stake valued at $529.26 million and Goldman Sachs increasing its holdings by 44.6%.
• PayPal reported better-than-expected earnings, with an EPS of $1.40, surpassing estimates by $0.10, and projected guidance for Q3 2025 EPS between $1.180 and $1.220.

Douglas Lane & Associates LLC lessened its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 7.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 724,668 shares of the credit services provider's stock after selling 57,310 shares during the period. Douglas Lane & Associates LLC owned 0.07% of PayPal worth $53,857,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC purchased a new stake in PayPal during the 4th quarter worth about $25,000. Bernard Wealth Management Corp. bought a new position in shares of PayPal during the 4th quarter valued at about $34,000. Pinney & Scofield Inc. bought a new position in shares of PayPal during the 4th quarter valued at about $35,000. 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. Finally, Garde Capital Inc. bought a new position in PayPal during the 1st quarter worth approximately $28,000. Hedge funds and other institutional investors own 68.32% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on PYPL. Citigroup reiterated a "buy" rating on shares of PayPal in a report on Tuesday, July 29th. BMO Capital Markets reaffirmed a "market perform" rating on shares of PayPal in a report on Tuesday, July 29th. Truist Financial started coverage on PayPal in a research report on Monday, June 2nd. They set a "sell" rating and a $68.00 target price on the stock. Piper Sandler set a $74.00 price objective on PayPal in a research report on Tuesday, July 29th. Finally, JMP Securities lowered their price objective on PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a research report on Wednesday, July 30th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, PayPal currently has a consensus rating of "Hold" and a consensus price target of $85.00.

PayPal Trading Down 0.6%

Shares of PYPL traded down $0.38 during mid-day trading on Friday, reaching $66.89. 7,495,242 shares of the company's stock traded hands, compared to its average volume of 8,813,973. The stock has a market cap of $63.91 billion, a P/E ratio of 14.29, a P/E/G ratio of 1.03 and a beta of 1.43. The stock's 50-day moving average is $70.81 and its two-hundred day moving average is $69.43. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month 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.

PayPal (NASDAQ:PYPL - Get Free Report) last released 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. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The firm had revenue of $8.29 billion for the quarter, compared to analysts' expectations 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. Research analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Suzan Kereere sold 4,162 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the completion of the sale, the insider owned 48,483 shares in the company, valued at approximately $3,364,235.37. This represents a 7.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the firm's stock in a transaction on 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 transaction, the executive vice president owned 16,989 shares of the company's stock, valued at $1,174,279.68. This trade represents a 18.43% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,102 shares of company stock worth $1,046,607. Insiders own 0.08% of the company's stock.

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.