MGO One Seven LLC Boosts Stock Holdings in PayPal Holdings, Inc. $PYPL

MGO One Seven LLC raised its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 36.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,169 shares of the credit services provider's stock after buying an additional 7,266 shares during the period. MGO One Seven LLC's holdings in PayPal were worth $2,019,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Sharp Financial Services LLC boosted its position in PayPal by 29.4% during the second quarter. Sharp Financial Services LLC now owns 8,575 shares of the credit services provider's stock valued at $637,000 after buying an additional 1,950 shares during the period. GW Henssler & Associates Ltd. boosted its position in PayPal by 6.6% during the second quarter. GW Henssler & Associates Ltd. now owns 219,790 shares of the credit services provider's stock valued at $16,335,000 after buying an additional 13,514 shares during the period. Mitchell Sinkler & Starr PA purchased a new stake in PayPal during the second quarter valued at about $203,000. Vanguard Personalized Indexing Management LLC boosted its position in PayPal by 15.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 104,408 shares of the credit services provider's stock valued at $7,763,000 after buying an additional 13,874 shares during the period. Finally, Matrix Asset Advisors Inc. NY boosted its position in PayPal by 7.7% during the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 242,629 shares of the credit services provider's stock valued at $18,032,000 after buying an additional 17,348 shares during the period. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at PayPal

In related news, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.12, for a total transaction of $265,282.56. Following the transaction, the executive vice president directly owned 16,989 shares of the company's stock, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,102 shares of company stock valued at $1,046,607 in the last three months. Company insiders own 0.08% of the company's stock.

Wall Street Analysts Forecast Growth

PYPL has been the subject of several analyst reports. Weiss Ratings reissued a "hold (c)" rating on shares of PayPal in a research report on Wednesday, October 8th. Piper Sandler set a $74.00 price target on shares of PayPal in a research report on Tuesday, July 29th. Seaport Res Ptn raised shares of PayPal from a "strong sell" rating to a "hold" rating in a research report on Monday, July 14th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of PayPal in a research report on Tuesday, July 29th. Finally, Royal Bank Of Canada reissued an "outperform" rating and set a $88.00 price target on shares of PayPal in a research report on Thursday, June 26th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, PayPal presently has a consensus rating of "Hold" and an average price target of $83.50.

PayPal Trading Up 0.4%

NASDAQ:PYPL opened at $69.15 on Wednesday. The company has a 50-day moving average price of $68.97 and a 200-day moving average price of $69.44. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The stock has a market cap of $66.06 billion, a price-to-earnings ratio of 14.78, a P/E/G ratio of 1.06 and a beta of 1.44.

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, topping the consensus estimate of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The firm had revenue of $8.29 billion during the quarter, compared to analysts' expectations of $8.08 billion. During the same period last year, the company 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. Equities analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Company 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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