PayPal Holdings, Inc. $PYPL Shares Sold by Fox Run Management L.L.C.

Key Points

• Fox Run Management L.L.C. reduced its stake in PayPal Holdings, Inc. by 53.0%, selling 13,382 shares, leaving them with 11,861 shares valued at approximately $774,000.
• In recent analyst reviews, PayPal received a mix of ratings, including a "sell" from Truist Financial and a "buy" from Citigroup, with an average target price of $85.00.
• PayPal reported $1.40 earnings per share in its latest quarterly earnings, surpassing estimates, and had revenues of $8.29 billion, indicating solid financial performance despite mixed investor sentiment.

Fox Run Management L.L.C. lowered its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 53.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,861 shares of the credit services provider's stock after selling 13,382 shares during the quarter. Fox Run Management L.L.C.'s holdings in PayPal were worth $774,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PYPL. Mpwm Advisory Solutions LLC acquired a new position in shares of PayPal in the fourth quarter valued at approximately $25,000. Evermay Wealth Management LLC lifted its holdings in shares of 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 purchasing an additional 363 shares during the period. Garde Capital Inc. purchased a new position in PayPal in the 1st quarter valued at $28,000. Tsfg LLC grew its position in PayPal by 81.6% in 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 during the last quarter. Finally, Bernard Wealth Management Corp. acquired a new position in PayPal in the 4th quarter valued at $34,000. 68.32% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other PayPal news, CAO Chris Natali sold 7,102 shares of the firm's stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the company's stock in a transaction on Friday, June 6th. The shares were sold at an average price of $73.24, for a total value of $304,824.88. Following the completion of the sale, the insider owned 48,483 shares in the company, valued at $3,550,894.92. This represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 26,898 shares of company stock valued at $1,909,636. 0.08% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently commented on PYPL. Citigroup restated a "buy" rating on shares of PayPal in a research note on Tuesday, July 29th. Barclays reissued an "overweight" rating on shares of PayPal in a report on Tuesday, July 29th. Royal Bank Of Canada restated an "outperform" rating and issued a $88.00 price target on shares of PayPal in a research note on Thursday, June 26th. Seaport Res Ptn upgraded PayPal from a "strong sell" rating to a "hold" rating in a research report on Monday, July 14th. Finally, Robert W. Baird raised their target price on PayPal from $78.00 to $79.00 and gave the company an "outperform" rating in a report on Wednesday, April 30th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, PayPal has an average rating of "Hold" and an average price target of $85.00.

PayPal Price Performance

Shares of PayPal stock traded down $0.97 on Wednesday, hitting $68.08. The company's stock had a trading volume of 9,982,442 shares, compared to its average volume of 13,043,931. The company has a market capitalization of $65.04 billion, a P/E ratio of 14.55, a price-to-earnings-growth ratio of 1.06 and a beta of 1.42. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66. The firm has a fifty day moving average price of $72.23 and a 200-day moving average price of $70.52. 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 announced its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. 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 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. On average, equities research analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

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.