Foster Victor Wealth Advisors LLC Raises Stock Holdings in PayPal Holdings, Inc. $PYPL

Key Points

• Foster Victor Wealth Advisors LLC increased its stake in PayPal Holdings, Inc. by 58.3% in the second quarter, bringing its total holdings to 146,726 shares, valued at approximately $10.98 million.
• Several other institutional investors have also significantly boosted their holdings in PayPal, with 68.32% of the stock now owned by hedge funds and other institutional investors.
• PayPal reported a quarterly EPS of $1.40, surpassing estimates, and has provided guidance for Q3 2025 EPS between 1.180 and 1.220.

Foster Victor Wealth Advisors LLC raised its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 58.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 146,726 shares of the credit services provider's stock after buying an additional 54,035 shares during the quarter. Foster Victor Wealth Advisors LLC's holdings in PayPal were worth $10,980,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Evermay Wealth Management LLC boosted its stake in PayPal by 726.0% during the first 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 in the last quarter. Garde Capital Inc. purchased a new position in PayPal during the first quarter valued at $28,000. Tsfg LLC boosted its holdings in PayPal by 81.6% in the first quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock worth $29,000 after acquiring an additional 200 shares in the last quarter. Gordian Capital Singapore Pte Ltd boosted its holdings in PayPal by 41.2% in the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock worth $31,000 after acquiring an additional 138 shares in the last quarter. Finally, Bernard Wealth Management Corp. purchased a new stake in shares of PayPal in the fourth quarter worth $34,000. 68.32% of the stock is owned by hedge funds and other institutional investors.

PayPal Price Performance

Shares of NASDAQ:PYPL opened at $67.31 on Wednesday. The company has a market capitalization of $64.31 billion, a P/E ratio of 14.38, a P/E/G ratio of 1.04 and a beta of 1.43. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The firm's 50 day simple moving average is $69.89 and its two-hundred day simple moving average is $69.34. 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 announced its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 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 firm had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. During the same period last year, the firm 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. Research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Analyst Ratings Changes

PYPL has been the subject of several analyst reports. Wall Street Zen upgraded PayPal from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. BMO Capital Markets reaffirmed a "market perform" rating on shares of PayPal in a report on Tuesday, July 29th. JMP Securities dropped their target price on shares of PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a research note on Wednesday, July 30th. Morgan Stanley reissued a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $88.00 price objective on shares of PayPal in a research report on Thursday, June 26th. Seventeen equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, PayPal has an average rating of "Hold" and an average price target of $84.50.

Insider Activity at PayPal

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the company's 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 completion of the transaction, the executive vice president directly owned 16,989 shares in the company, valued at $1,174,279.68. This represents a 18.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total transaction of $288,801.18. Following the sale, the insider directly owned 48,483 shares of the company's stock, valued at approximately $3,364,235.37. This trade represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is owned by company 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.

Want to see what other hedge funds are holding PYPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.