Itau Unibanco Holding S.A. Has $122,000 Stock Position in PayPal Holdings, Inc. $PYPL

Key Points

• Itau Unibanco Holding S.A. significantly reduced its stake in PayPal Holdings, Inc. by 97.4%, owning only 1,868 shares valued at $122,000 after selling 69,707 shares in the first quarter.
• Several institutional investors, such as OMERS ADMINISTRATION Corp and Brant Point Investment Management LLC, increased their stakes in PayPal, indicating ongoing institutional interest in the company.
• PayPal reported quarterly earnings that exceeded expectations with an EPS of $1.40 and a revenue of $8.29 billion, alongside a guidance for FY 2025 EPS in the range of 5.150-5.300.

Itau Unibanco Holding S.A. trimmed its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 97.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,868 shares of the credit services provider's stock after selling 69,707 shares during the quarter. Itau Unibanco Holding S.A.'s holdings in PayPal were worth $122,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. OMERS ADMINISTRATION Corp boosted its holdings in PayPal by 13.9% during the first quarter. OMERS ADMINISTRATION Corp now owns 68,010 shares of the credit services provider's stock valued at $4,438,000 after purchasing an additional 8,321 shares in the last quarter. Brant Point Investment Management LLC boosted its holdings in PayPal by 7.4% during the first quarter. Brant Point Investment Management LLC now owns 96,639 shares of the credit services provider's stock valued at $6,306,000 after purchasing an additional 6,639 shares in the last quarter. Truvestments Capital LLC boosted its holdings in PayPal by 110.7% during the first quarter. Truvestments Capital LLC now owns 18,632 shares of the credit services provider's stock valued at $1,216,000 after purchasing an additional 9,791 shares in the last quarter. CreativeOne Wealth LLC boosted its holdings in PayPal by 1.5% during 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 in the last quarter. Finally, Redwood Investment Management LLC boosted its holdings in PayPal by 21.8% during the first quarter. Redwood Investment Management LLC now owns 20,650 shares of the credit services provider's stock valued at $1,347,000 after purchasing an additional 3,702 shares in the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at PayPal

In other news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.12, for a total transaction of $265,282.56. Following the completion of the sale, the executive vice president owned 16,989 shares in the company, valued at $1,174,279.68. The trade was a 18.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the sale, the insider owned 48,483 shares of the company's stock, valued at approximately $3,364,235.37. This represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 26,898 shares of company stock worth $1,909,636 in the last 90 days. Corporate insiders own 0.08% of the company's stock.

PayPal Price Performance

Shares of PYPL stock opened at $70.06 on Friday. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The firm's 50 day moving average is $72.05 and its 200-day moving average is $70.08. The firm has a market capitalization of $66.93 billion, a price-to-earnings ratio of 14.97, a PEG ratio of 1.08 and a beta of 1.42. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping 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 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 company 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. Sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PYPL. Piper Sandler set a $74.00 price objective on PayPal in a report on Tuesday, July 29th. Barclays reaffirmed an "overweight" rating on shares of PayPal in a report on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a report on Tuesday, July 29th. Seaport Res Ptn raised shares of PayPal from a "strong sell" rating to a "hold" rating in a report on Monday, July 14th. Finally, Morgan Stanley reaffirmed a "positive" rating on shares of PayPal in a report on Wednesday, July 30th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $85.00.

PayPal Company 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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