PayPal Holdings, Inc. $PYPL Shares Sold by Financiere des Professionnels Fonds d investissement inc.

Key Points

• Financiere des Professionnels Fonds d investissement inc. significantly reduced its stake in PayPal by 73.6%, selling 9,445 shares and retaining only 3,388 shares, valued at $252,000.
• In the first quarter, several large investors increased their holdings in PayPal, including Goldman Sachs Group Inc., which boosted its position by 44.6%.
• PayPal reported a quarterly earnings per share (EPS) of $1.40, exceeding analysts' expectations, with a revenue of $8.29 billion for the quarter.

Financiere des Professionnels Fonds d investissement inc. reduced its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 73.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,388 shares of the credit services provider's stock after selling 9,445 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.'s holdings in PayPal were worth $252,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Bernard Wealth Management Corp. purchased a new position in shares of PayPal during the 4th quarter valued at approximately $34,000. Pinney & Scofield Inc. purchased a new position in PayPal during the fourth quarter worth approximately $35,000. Evermay Wealth Management LLC grew its holdings in PayPal by 726.0% in the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock valued at $27,000 after purchasing an additional 363 shares during the period. Garde Capital Inc. acquired a new position in shares of PayPal during the 1st quarter worth approximately $28,000. Finally, Tsfg LLC lifted its position in shares of PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock valued at $29,000 after buying an additional 200 shares in the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.

PayPal Stock Performance

NASDAQ PYPL traded down $0.30 on Friday, reaching $68.22. The stock had a trading volume of 19,753,378 shares, compared to its average volume of 9,683,736. 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 12-month low of $55.85 and a 12-month high of $93.66. The business's 50-day moving average price is $70.13 and its 200 day moving average price is $69.37. The stock has a market cap of $65.18 billion, a P/E ratio of 14.58, a price-to-earnings-growth ratio of 1.06 and a beta of 1.43.

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 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 company had revenue of $8.29 billion during the quarter, compared to analysts' expectations of $8.08 billion. During the same quarter in the previous year, the business earned $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 analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on PYPL shares. Morgan Stanley restated a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Truist Financial started coverage on shares of PayPal in a report on Monday, June 2nd. They set a "sell" rating and a $68.00 target price for the company. JMP Securities lowered their price target on shares of PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a research report on Wednesday, July 30th. Canaccord Genuity Group reissued a "buy" rating and set a $96.00 price target on shares of PayPal in a research report on Wednesday, July 30th. Finally, Wall Street Zen upgraded shares of PayPal from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Seventeen research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, PayPal has a consensus rating of "Hold" and an average target price of $84.50.

Insider Activity at PayPal

In other PayPal news, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Suzan Kereere sold 4,162 shares of the firm's stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the sale, the insider directly owned 48,483 shares of the company's stock, valued at $3,364,235.37. This represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,102 shares of company stock worth $1,046,607 over the last 90 days. Company insiders own 0.08% of the company's stock.

PayPal Company 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.