GC Wealth Management RIA LLC Buys Shares of 8,797 PayPal Holdings, Inc. $PYPL

Key Points

• GC Wealth Management RIA LLC purchased 8,797 shares of PayPal Holdings, Inc. for approximately $654,000 during the second quarter, indicating ongoing confidence in the company.
• Insider transactions revealed that EVP Diego Scotti and CAO Chris Natali sold shares on July 31, totaling around $757,805, with insiders owning only 0.08% of the stock.
• Analysts remain optimistic with a consensus rating of "Hold" and a target price of $84.50, with multiple buy ratings from firms like Canaccord Genuity and Citigroup.

GC Wealth Management RIA LLC bought a new stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 8,797 shares of the credit services provider's stock, valued at approximately $654,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Gordian Capital Singapore Pte Ltd grew its stake 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 valued at $31,000 after purchasing an additional 138 shares during the last quarter. GSB Wealth Management LLC grew its stake in PayPal by 1.7% in the second quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider's stock valued at $606,000 after purchasing an additional 140 shares during the last quarter. CreativeOne Wealth LLC grew its stake in PayPal by 1.5% in the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider's stock valued at $613,000 after purchasing an additional 142 shares during the last quarter. Pitti Group Wealth Management LLC grew its stake in PayPal by 1.5% in the second quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider's stock valued at $761,000 after purchasing an additional 147 shares during the last quarter. Finally, MONECO Advisors LLC grew its stake in PayPal by 0.8% in the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider's stock valued at $1,334,000 after purchasing an additional 154 shares during the last quarter. Hedge funds and other institutional investors own 68.32% of the company's stock.

Insider Buying and Selling at PayPal

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the business'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 of the company's stock, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Chris Natali sold 7,102 shares of the business's stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Royal Bank Of Canada reiterated an "outperform" rating and issued a $88.00 target price on shares of PayPal in a research note on Thursday, June 26th. Piper Sandler set a $74.00 price target on PayPal in a report on Tuesday, July 29th. Canaccord Genuity Group reissued a "buy" rating and issued a $96.00 price target on shares of PayPal in a report on Wednesday, July 30th. Citigroup reissued a "buy" rating on shares of PayPal in a report on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 price target on PayPal in a report on Tuesday, July 29th. Seventeen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, PayPal has a consensus rating of "Hold" and a consensus target price of $84.50.

PayPal Trading Down 3.8%

PayPal stock opened at $67.06 on Wednesday. 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 Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The company has a market capitalization of $64.07 billion, a price-to-earnings ratio of 14.33, a price-to-earnings-growth ratio of 1.07 and a beta of 1.43. The stock has a 50-day moving average price of $69.23 and a 200 day moving average price of $69.33.

PayPal (NASDAQ:PYPL - Get Free Report) last released 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. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The firm had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. During the same quarter in the previous year, the company 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. Sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

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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