Fort Washington Investment Advisors Inc. OH Sells 4,288 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Fort Washington Investment Advisors Inc. OH reduced its stake in PayPal Holdings by 18.7%, selling 4,288 shares during the second quarter, bringing its total holdings to 18,662 shares worth approximately $1.39 million.
• In recent transactions, insiders sold nearly 15,102 shares of PayPal stock valued over $1 million within the last 90 days, indicating a potential shift in internal outlook.
• PayPal surpassed earnings expectations in its recent quarterly report, posting an EPS of $1.40, exceeding the consensus estimate of $1.30, with revenue also exceeding forecasts at $8.29 billion.

Fort Washington Investment Advisors Inc. OH lessened its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 18.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,662 shares of the credit services provider's stock after selling 4,288 shares during the quarter. Fort Washington Investment Advisors Inc. OH's holdings in PayPal were worth $1,387,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of PYPL. Gordian Capital Singapore Pte Ltd grew its holdings in shares of PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock worth $31,000 after purchasing an additional 138 shares during the last quarter. GSB Wealth Management LLC grew its holdings in PayPal by 1.7% during the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider's stock worth $606,000 after acquiring an additional 140 shares during the last quarter. CreativeOne Wealth LLC grew its holdings in PayPal by 1.5% during the 1st 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 last quarter. Pitti Group Wealth Management LLC grew its holdings in PayPal by 1.5% during the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider's stock worth $761,000 after acquiring an additional 147 shares during the last quarter. Finally, MONECO Advisors LLC grew its stake in shares of PayPal by 0.8% in the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider's stock worth $1,334,000 after purchasing an additional 154 shares during the last quarter. Institutional investors own 68.32% of the company's stock.

Insider Transactions at PayPal

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the stock in a transaction that occurred 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 transaction, the executive vice president owned 16,989 shares in the company, valued at approximately $1,174,279.68. This represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the transaction, the insider owned 48,483 shares in the company, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their position. 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 90 days. 0.08% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a research note on Tuesday, July 29th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $88.00 price target on shares of PayPal in a research report on Thursday, June 26th. Citigroup reiterated a "buy" rating on shares of PayPal in a report on Tuesday, July 29th. Canaccord Genuity Group reiterated a "buy" rating and issued a $96.00 target price on shares of PayPal in a report on Wednesday, July 30th. Finally, Barclays reaffirmed an "overweight" rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $84.50.

PayPal Stock Performance

Shares of PYPL stock opened at $69.68 on Tuesday. The company has a market cap of $66.57 billion, a price-to-earnings ratio of 14.89, a price-to-earnings-growth ratio of 1.04 and a beta of 1.43. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The firm has a 50 day moving average of $69.41 and a 200-day moving average of $69.35. 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 issued its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same period in the prior year, the firm 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. On average, equities analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

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.

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