Kestra Advisory Services LLC Sells 7,934 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Kestra Advisory Services LLC decreased its holdings in PayPal Holdings, Inc. by 8.3% in Q1, selling 7,934 shares and holding 87,579 shares valued at $5.7 million.
• PayPal reported Q2 earnings of $1.40 per share, surpassing estimates, with revenue of $8.29 billion, beating the consensus of $8.08 billion.
• Analysts have mixed opinions with 17 recommending a Buy, 14 a Hold, and 2 a Sell rating on PayPal, with an average target price of $85.00.

Kestra Advisory Services LLC reduced its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 8.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 87,579 shares of the credit services provider's stock after selling 7,934 shares during the period. Kestra Advisory Services LLC's holdings in PayPal were worth $5,715,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Arnhold LLC raised its position in shares of PayPal by 17.2% during the first quarter. Arnhold LLC now owns 151,150 shares of the credit services provider's stock worth $9,863,000 after acquiring an additional 22,217 shares during the last quarter. RPG Investment Advisory LLC raised its holdings in PayPal by 104.8% during the 1st quarter. RPG Investment Advisory LLC now owns 265,451 shares of the credit services provider's stock worth $17,321,000 after purchasing an additional 135,809 shares during the last quarter. Bragg Financial Advisors Inc lifted its position in shares of PayPal by 18.7% in the 1st quarter. Bragg Financial Advisors Inc now owns 67,882 shares of the credit services provider's stock worth $4,429,000 after purchasing an additional 10,678 shares during the period. Norinchukin Bank The boosted its stake in shares of PayPal by 42.3% in the 1st quarter. Norinchukin Bank The now owns 78,985 shares of the credit services provider's stock valued at $5,154,000 after purchasing an additional 23,472 shares during the last quarter. Finally, CW Advisors LLC boosted its stake in shares of PayPal by 72.8% in the 1st quarter. CW Advisors LLC now owns 35,818 shares of the credit services provider's stock valued at $2,351,000 after purchasing an additional 15,095 shares during the last quarter. Institutional investors own 68.32% of the company's stock.

PayPal Stock Performance

Shares of PYPL stock traded up $0.01 during trading hours on Friday, reaching $70.07. 3,178,710 shares of the company traded hands, compared to its average volume of 11,017,127. The firm has a 50-day moving average price of $72.05 and a 200 day moving average price of $70.08. The company has a market cap of $66.94 billion, a P/E ratio of 14.98, a P/E/G ratio of 1.08 and a beta of 1.42. 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 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 released its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $8.08 billion. During the same quarter last 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. As a group, sell-side analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Activity

In other PayPal news, Director Deborah M. Messemer sold 3,795 shares of the firm's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $73.00, for a total transaction of $277,035.00. Following the sale, the director directly owned 13,976 shares of the company's stock, valued at $1,020,248. This trade represents a 21.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the business's stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $73.24, for a total value of $304,824.88. Following the completion of the transaction, the insider owned 48,483 shares in the company, valued at $3,550,894.92. 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 a total of 26,898 shares of company stock worth $1,909,636 in the last quarter. Corporate insiders own 0.08% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Piper Sandler set a $74.00 target price on shares of PayPal in a research note on Tuesday, July 29th. Citigroup reiterated a "buy" rating on shares of PayPal in a research note 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. Royal Bank Of Canada restated an "outperform" rating and issued a $88.00 target price on shares of PayPal in a report on Thursday, June 26th. Finally, 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 report on Wednesday, July 30th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, PayPal currently has an average 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.