Intech Investment Management LLC Sells 5,218 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Intech Investment Management LLC has reduced its stake in PayPal Holdings, Inc. by 7.3%, now holding 66,734 shares valued at approximately $4.35 million after selling 5,218 shares.
• PayPal received mixed ratings from analysts, with Truist Financial issuing a "sell" rating and a $68 target price, while Wall Street Zen upgraded the stock from "hold" to "buy."
• Insiders have sold a total of 15,102 shares of PayPal stock valued at over $1 million in the last ninety days, with ownership by insiders now at just 0.08%.

Intech Investment Management LLC cut its stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 7.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,734 shares of the credit services provider's stock after selling 5,218 shares during the period. Intech Investment Management LLC's holdings in PayPal were worth $4,354,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in PYPL. Mpwm Advisory Solutions LLC bought a new stake in PayPal in the fourth quarter valued at approximately $25,000. Evermay Wealth Management LLC boosted its holdings in PayPal by 726.0% in the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock valued at $27,000 after acquiring an additional 363 shares during the last quarter. Garde Capital Inc. bought a new stake in PayPal in the first quarter valued at approximately $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 valued at $29,000 after acquiring an additional 200 shares during the last quarter. Finally, 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 valued at $31,000 after acquiring an additional 138 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on PYPL shares. Truist Financial started coverage on PayPal in a report on Monday, June 2nd. They issued a "sell" rating and a $68.00 target price on the stock. Morgan Stanley reissued a "positive" rating on shares of PayPal in a research note on Wednesday, July 30th. Barclays reissued an "overweight" rating on shares of PayPal in a research note on Tuesday, July 29th. JMP Securities dropped their price target on PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a research note on Wednesday, July 30th. Finally, Wall Street Zen raised PayPal from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, PayPal has a consensus rating of "Hold" and a consensus target price of $85.00.

Insider Transactions at PayPal

In other news, CAO Chris Natali sold 7,102 shares of the company's stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the sale, the insider directly owned 48,483 shares of the company's stock, valued at $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,102 shares of company stock valued at $1,046,607 over the last ninety days. 0.08% of the stock is owned by company insiders.

PayPal Price Performance

Shares of NASDAQ:PYPL opened at $66.89 on Friday. 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 twelve month low of $55.85 and a twelve month high of $93.66. The stock's 50 day moving average is $70.81 and its 200-day moving average is $69.45. The firm has a market capitalization of $63.91 billion, a price-to-earnings ratio of 14.29, a PEG ratio of 1.04 and a beta of 1.43.

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 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 company had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. 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. Sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal 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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