Evergreen Capital Management LLC Raises Holdings in PayPal Holdings, Inc. $PYPL

Key Points

• Evergreen Capital Management LLC increased its stake in PayPal by 12.7% in the 1st quarter, now owning 174,017 shares valued at approximately $11.35 million.
• PayPal reported an earnings beat with $1.40 EPS against analyst expectations of $1.30, along with revenue reaching $8.29 billion.
• Several brokerages, including Canaccord Genuity and Deutsche Bank, have set new price targets for PayPal, with a consensus target of $85.00 and a mix of ratings from buy to hold.

Evergreen Capital Management LLC grew its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 12.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 174,017 shares of the credit services provider's stock after buying an additional 19,622 shares during the quarter. Evergreen Capital Management LLC's holdings in PayPal were worth $11,355,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mpwm Advisory Solutions LLC purchased a new stake in PayPal in the 4th quarter worth approximately $25,000. Bernard Wealth Management Corp. purchased a new stake in PayPal in the 4th quarter worth approximately $34,000. Pinney & Scofield Inc. purchased a new stake in PayPal in the 4th quarter worth approximately $35,000. Evermay Wealth Management LLC lifted its holdings in PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock worth $27,000 after buying an additional 363 shares during the period. Finally, Garde Capital Inc. purchased a new stake in PayPal in the 1st quarter worth approximately $28,000. Hedge funds and other institutional investors own 68.32% of the company's stock.

PayPal Price Performance

Shares of NASDAQ PYPL opened at $70.06 on Friday. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66. The firm has a market cap of $66.93 billion, a P/E ratio of 14.97, a PEG ratio of 1.08 and a beta of 1.42. The company has a 50 day moving average of $72.05 and a 200 day moving average of $70.08. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56.

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, topping analysts' consensus estimates of $1.30 by $0.10. The business had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same quarter last 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. As a group, research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Insiders Place Their Bets

In other PayPal news, Director Deborah M. Messemer sold 3,795 shares of PayPal stock in a transaction on Friday, June 6th. The stock was sold at an average price of $73.00, for a total value of $277,035.00. Following the completion of the sale, the director owned 13,976 shares of the company's stock, valued at approximately $1,020,248. This trade represents a 21.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Diego Scotti sold 3,838 shares of PayPal 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 sale, the executive vice president directly owned 16,989 shares of the company's stock, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 26,898 shares of company stock worth $1,909,636 in the last 90 days. 0.08% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on PYPL. Barclays reissued an "overweight" rating on shares of PayPal in a research report on Tuesday, July 29th. Seaport Res Ptn raised PayPal from a "strong sell" rating to a "hold" rating in a research report on Monday, July 14th. Canaccord Genuity Group reissued a "buy" rating and issued a $96.00 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. Finally, Morgan Stanley reissued a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $85.00.

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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