Greenleaf Trust Decreases Stock Position in PayPal Holdings, Inc. $PYPL

Key Points

• Greenleaf Trust has reduced its stake in PayPal Holdings, Inc. by 6.9%, now holding 186,128 shares worth approximately $13.8 million.
• Multiple institutional investors have increased their positions, with Goldman Sachs raising its stake by 44.6% and now owning over 8.5 million shares valued at $558 million.
• Analysts have mixed ratings for PayPal, with a consensus rating of "Hold" and a consensus target price of $84.50, while 17 analysts have rated the stock as a Buy.

Greenleaf Trust trimmed its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 6.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 186,128 shares of the credit services provider's stock after selling 13,783 shares during the period. Greenleaf Trust's holdings in PayPal were worth $13,833,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nuveen LLC purchased a new position in PayPal in the 1st quarter valued at about $529,264,000. Goldman Sachs Group Inc. lifted its stake in shares of PayPal by 44.6% in the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider's stock worth $558,499,000 after acquiring an additional 2,638,815 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of PayPal by 124.1% in the first quarter. Assenagon Asset Management S.A. now owns 3,497,415 shares of the credit services provider's stock worth $228,206,000 after acquiring an additional 1,936,520 shares in the last quarter. Deutsche Bank AG boosted its holdings in PayPal by 19.1% in the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock valued at $733,294,000 after purchasing an additional 1,798,330 shares during the last quarter. Finally, Invesco Ltd. grew its stake in PayPal by 14.9% during the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider's stock valued at $620,924,000 after purchasing an additional 1,232,155 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Rothschild & Co Redburn upped their target price on PayPal from $66.00 to $70.00 and gave the company a "neutral" rating in a research report on Tuesday, September 16th. Seaport Res Ptn upgraded shares of PayPal from a "strong sell" rating to a "hold" rating in a research note on Monday, July 14th. JMP Securities reduced their price objective 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, Truist Financial assumed coverage on shares of PayPal in a research note on Monday, June 2nd. They issued a "sell" rating and a $68.00 target price on the stock. Seventeen investment 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, the stock has a consensus rating of "Hold" and a consensus target price of $84.50.

PayPal Stock Up 3.5%

PYPL stock opened at $69.68 on Tuesday. The firm has a market cap of $66.57 billion, a price-to-earnings ratio of 14.89, a PEG 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 has a fifty day moving average price of $69.41 and a two-hundred day moving average price of $69.35. 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 posted its quarterly earnings results 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 business had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. During the same period in the previous year, the business posted $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 predict that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Insider Activity

In related news, CAO Chris Natali sold 7,102 shares of the business's stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Diego Scotti sold 3,838 shares of the stock in a transaction 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 sale, 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 ownership of the stock. 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 currently owned by 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.

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