Krilogy Financial LLC Acquires 3,809 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Krilogy Financial LLC increased its stake in PayPal Holdings, Inc. by 32% in the second quarter, acquiring an additional 3,809 shares, bringing its total holdings to 15,714 shares valued at approximately $1.2 million.
• Major institutional investors like Vanguard, Goldman Sachs, and Deutsche Bank have also boosted their stakes in PayPal, with 68.32% of the stock currently owned by institutional investors.
• Wall Street analysts have mixed sentiments on PayPal, with 17 analysts rating it as a Buy, while the average price target remains at $85 despite varied recommendations from different firms.

Krilogy Financial LLC increased its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 32.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 15,714 shares of the credit services provider's stock after buying an additional 3,809 shares during the period. Krilogy Financial LLC's holdings in PayPal were worth $1,168,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nuveen LLC bought a new stake in PayPal in the 1st quarter valued at about $529,264,000. Goldman Sachs Group Inc. boosted 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 purchasing an additional 2,638,815 shares during the period. Assenagon Asset Management S.A. boosted its holdings in PayPal by 124.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 3,497,415 shares of the credit services provider's stock valued at $228,206,000 after purchasing an additional 1,936,520 shares during the period. Deutsche Bank AG boosted its holdings in PayPal by 19.1% in the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock valued at $733,294,000 after purchasing an additional 1,798,330 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in PayPal in the 4th quarter valued at about $140,164,000. Institutional investors own 68.32% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Rothschild & Co Redburn boosted their price objective on shares of PayPal from $66.00 to $70.00 and gave the company a "neutral" rating in a report on Tuesday. Truist Financial initiated coverage on shares of PayPal in a report on Monday, June 2nd. They set a "sell" rating and a $68.00 price target for the company. Morgan Stanley reaffirmed a "positive" rating on shares of PayPal in a report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of PayPal in a report on Tuesday, July 29th. Finally, Piper Sandler set a $74.00 price target on shares of PayPal in a report on Tuesday, July 29th. Seventeen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $84.50.

Insider Activity

In other news, CAO Chris Natali sold 7,102 shares of the company's stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Diego Scotti sold 3,838 shares of the company's stock in a transaction 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 directly owned 16,989 shares in the company, valued at approximately $1,174,279.68. This represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is currently owned by insiders.

PayPal Trading Down 0.4%

NASDAQ PYPL traded down $0.30 on Friday, hitting $68.22. The company's stock had a trading volume of 19,753,378 shares, compared to its average volume of 9,683,736. 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 1-year low of $55.85 and a 1-year high of $93.66. The company's 50-day moving average is $70.13 and its 200 day moving average is $69.37. The firm has a market cap of $65.18 billion, a PE ratio of 14.58, a PEG ratio of 1.06 and a beta of 1.43.

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 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 analyst estimates of $8.08 billion. During the same period in the prior year, the firm posted $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, analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share 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.