PayPal Holdings, Inc. $PYPL Shares Acquired by JT Stratford LLC

Key Points

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JT Stratford LLC raised its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 42.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,207 shares of the credit services provider's stock after purchasing an additional 11,336 shares during the quarter. JT Stratford LLC's holdings in PayPal were worth $2,493,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC grew its stake in shares of PayPal by 15.2% in the fourth quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider's stock valued at $596,000 after buying an additional 924 shares in the last quarter. Revolve Wealth Partners LLC acquired a new position in PayPal during the 4th quarter worth $248,000. NewEdge Advisors LLC grew its stake in PayPal by 2.1% during the 4th quarter. NewEdge Advisors LLC now owns 32,922 shares of the credit services provider's stock worth $2,810,000 after purchasing an additional 675 shares in the last quarter. GeoWealth Management LLC grew its stake in PayPal by 37.4% during the 4th quarter. GeoWealth Management LLC now owns 5,918 shares of the credit services provider's stock worth $505,000 after purchasing an additional 1,610 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in PayPal by 7.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,520,798 shares of the credit services provider's stock worth $300,515,000 after purchasing an additional 252,540 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company's stock.

Analyst Ratings Changes

Several research analysts recently commented on PYPL shares. BMO Capital Markets reissued a "market perform" rating on shares of PayPal in a research note on Tuesday, July 29th. Seaport Res Ptn raised PayPal from a "strong sell" rating to a "hold" rating in a research note on Monday, July 14th. Citigroup reissued a "buy" rating on shares of PayPal in a research note on Tuesday, July 29th. Piper Sandler set a $74.00 target price on PayPal in a research note on Tuesday, July 29th. Finally, Canaccord Genuity Group reissued a "buy" rating and set a $96.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Seventeen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $85.00.

PayPal Stock Performance

PYPL traded down $0.53 on Thursday, hitting $67.55. 7,025,924 shares of the company traded hands, compared to its average volume of 11,162,679. The company has a 50 day moving average of $72.23 and a 200-day moving average 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. The stock has a market capitalization of $64.54 billion, a PE ratio of 14.43, a PEG ratio of 1.06 and a beta of 1.42. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66.

PayPal (NASDAQ:PYPL - Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period in the prior year, the business 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 anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Deborah M. Messemer sold 3,795 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $73.00, for a total transaction of $277,035.00. Following the completion of the transaction, the director directly owned 13,976 shares of the company's stock, valued at approximately $1,020,248. This represents a 21.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Diego Scotti sold 3,839 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $73.24, for a total value of $281,168.36. Following the transaction, the executive vice president directly owned 16,989 shares of the company's stock, valued at approximately $1,244,274.36. This trade represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 26,898 shares of company stock valued at $1,909,636. Corporate insiders own 0.08% of the company's stock.

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.