MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH Grows Holdings in PayPal Holdings, Inc. $PYPL

Key Points

• MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its stake in PayPal Holdings, Inc. by 13.9% during Q2, holding 168,439 shares valued at approximately $12.5 million as of the latest filing.
• Notable institutional investors, including AQR Capital Management LLC and Allianz SE, also made significant changes to their PayPal holdings, highlighting ongoing investor interest in the stock.
• PayPal's stock showed a modest increase of 0.8% following its earnings report which exceeded expectations, reporting $1.40 earnings per share against the consensus estimate of $1.30.

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lifted its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 13.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 168,439 shares of the credit services provider's stock after purchasing an additional 20,560 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH's holdings in PayPal were worth $12,518,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. AQR Capital Management LLC grew its stake in PayPal by 15.8% during the 1st quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider's stock valued at $224,001,000 after acquiring an additional 476,763 shares in the last quarter. Allianz SE boosted its holdings in PayPal by 281.8% in the 1st quarter. Allianz SE now owns 30,338 shares of the credit services provider's stock valued at $1,980,000 after purchasing an additional 22,392 shares during the last quarter. Nuveen LLC acquired a new position in shares of PayPal in the 1st quarter worth approximately $529,264,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of PayPal in the 2nd quarter worth approximately $3,513,000. Finally, Clearline Capital LP lifted its holdings in shares of PayPal by 179.8% in the 1st quarter. Clearline Capital LP now owns 300,340 shares of the credit services provider's stock worth $19,597,000 after acquiring an additional 193,000 shares during the last quarter. Hedge funds and other institutional investors own 68.32% of the company's stock.

Insiders Place Their Bets

In other news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction that occurred 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 trade represents a 18.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total transaction of $288,801.18. Following the sale, the insider owned 48,483 shares of the company's stock, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is owned by company insiders.

PayPal Stock Up 0.8%

Shares of NASDAQ:PYPL opened at $67.86 on Thursday. The company has a market cap of $64.83 billion, a price-to-earnings ratio of 14.50, a PEG ratio of 1.04 and a beta of 1.43. The firm's 50-day simple moving average is $69.79 and its 200-day simple moving average is $69.33. 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 fifty-two week low of $55.85 and a fifty-two week high of $93.66.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same quarter in the previous year, the firm 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. As a group, equities research analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Macquarie reiterated an "outperform" rating and set a $95.00 target price on shares of PayPal in a report on Wednesday, July 30th. Wall Street Zen raised shares of PayPal from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Piper Sandler set a $74.00 price objective on shares of PayPal in a research report on Tuesday, July 29th. Canaccord Genuity Group reissued a "buy" rating and issued a $96.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Finally, Citigroup reissued a "buy" rating on shares of PayPal in a research report on Tuesday, July 29th. Seventeen equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $84.50.

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.

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