Jump Financial LLC Acquires 269,593 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Jump Financial LLC increased its holdings in PayPal by 1,860.3%, acquiring 269,593 shares to own a total of 284,085 shares worth approximately $18.5 million.
• Institutional investors own 68.32% of PayPal’s stock, with notable increases in stakes from Allianz SE and UBS AM.
• PayPal recently reported earnings of $1.40 EPS, exceeding expectations, and set revenue guidance for FY 2025 at $5.150-$5.300 EPS.

Jump Financial LLC increased its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 1,860.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 284,085 shares of the credit services provider's stock after acquiring an additional 269,593 shares during the quarter. Jump Financial LLC's holdings in PayPal were worth $18,537,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of PayPal by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider's stock worth $5,625,976,000 after acquiring an additional 276,339 shares during the last quarter. Deutsche Bank AG increased its holdings in shares of PayPal by 19.1% during the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock worth $733,294,000 after acquiring an additional 1,798,330 shares during the last quarter. Northern Trust Corp increased its holdings in shares of PayPal by 19.0% during the 4th quarter. Northern Trust Corp now owns 10,462,251 shares of the credit services provider's stock worth $892,953,000 after acquiring an additional 1,669,908 shares during the last quarter. Invesco Ltd. grew its holdings in PayPal by 14.9% in the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider's stock valued at $620,924,000 after buying an additional 1,232,155 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in PayPal by 44.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider's stock valued at $558,499,000 after buying an additional 2,638,815 shares in the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Diego Scotti sold 3,838 shares of the firm'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 transaction of $265,282.56. Following the completion of the sale, the executive vice president owned 16,989 shares of the company's stock, valued at $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the firm's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the sale, the insider directly owned 48,483 shares of the company's stock, valued at $3,364,235.37. This represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 26,898 shares of company stock worth $1,909,636. Company insiders own 0.08% of the company's stock.

PayPal Price Performance

Shares of PYPL stock traded up $2.35 on Friday, hitting $69.90. 9,381,803 shares of the company's stock were exchanged, compared to its average volume of 13,031,446. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The stock has a market cap of $66.78 billion, a P/E ratio of 14.94, a price-to-earnings-growth ratio of 1.08 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. The company has a 50 day moving average of $72.07 and a 200 day moving average of $70.20.

PayPal (NASDAQ:PYPL - Get Free Report) last posted its 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 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 period last year, the company 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. On average, equities research analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Needham & Company LLC reaffirmed a "hold" rating on shares of PayPal in a report on Wednesday, April 30th. Citigroup reaffirmed a "buy" rating on shares of PayPal in a report on Tuesday, July 29th. Robert W. Baird upped their price objective on PayPal from $78.00 to $79.00 and gave the company an "outperform" rating in a report on Wednesday, April 30th. Morgan Stanley reaffirmed a "positive" rating on shares of PayPal in a report on Wednesday, July 30th. Finally, Wall Street Zen raised PayPal from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $85.00.

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.