Lansforsakringar Fondforvaltning AB publ Sells 4,008 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Lansforsakringar Fondforvaltning AB publ reduced its PayPal Holdings, Inc. stake by 1.2%, selling 4,008 shares, leaving them with a total of 320,253 shares valued at approximately $20.9 million.
• Vanguard Group Inc. and Deutsche Bank AG increased their stakes in PayPal by 0.3% and 19.1% respectively, while Goldman Sachs Group Inc. significantly boosted its position by 44.6% during the same period.
• Analysts have varying outlooks on PayPal, with a consensus price target of $85.00 and a mix of buy and hold ratings from different firms.

Lansforsakringar Fondforvaltning AB publ reduced its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 1.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 320,253 shares of the credit services provider's stock after selling 4,008 shares during the quarter. Lansforsakringar Fondforvaltning AB publ's holdings in PayPal were worth $20,897,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in PayPal by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider's stock valued at $5,625,976,000 after purchasing an additional 276,339 shares during the period. Deutsche Bank AG lifted its position in shares of PayPal by 19.1% in the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock worth $733,294,000 after purchasing an additional 1,798,330 shares during the period. Invesco Ltd. boosted its stake in shares of PayPal by 14.9% during the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider's stock valued at $620,924,000 after purchasing an additional 1,232,155 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of PayPal by 44.6% during the first 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 during the period. Finally, Nuveen LLC bought a new position in PayPal in the first quarter worth about $529,264,000. Institutional investors own 68.32% of the company's stock.

Analysts Set New Price Targets

A number of research firms have weighed in on PYPL. Barclays reiterated an "overweight" rating on shares of PayPal in a report on Tuesday, July 29th. Wall Street Zen raised PayPal from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. JMP Securities decreased their price objective on PayPal from $110.00 to $100.00 and set a "market outperform" rating for the company in a report on Wednesday, July 30th. Truist Financial initiated coverage on shares of PayPal in a report on Monday, June 2nd. They set a "sell" rating and a $68.00 target price on the stock. Finally, Seaport Res Ptn upgraded shares of PayPal from a "strong sell" rating to a "hold" rating in a research note on Monday, July 14th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, PayPal currently has an average rating of "Hold" and a consensus target price of $85.00.

PayPal Stock Performance

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

PayPal (NASDAQ:PYPL - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping 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 analysts' expectations of $8.08 billion. During the same quarter in the previous year, the business 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. Sell-side analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Insider Buying and Selling at PayPal

In other news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction on Friday, June 6th. The shares were sold at an average price of $73.24, for a total transaction of $304,824.88. Following the transaction, the insider owned 48,483 shares in the company, valued at $3,550,894.92. This trade represents a 7.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Diego Scotti sold 3,839 shares of PayPal stock in a transaction dated Friday, June 6th. The shares were 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 in the company, valued at approximately $1,244,274.36. The trade was a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 26,898 shares of company stock worth $1,909,636. 0.08% of the stock is owned by corporate insiders.

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.

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