Neville Rodie & Shaw Inc. Sells 19,052 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Neville Rodie & Shaw Inc. has reduced its stake in PayPal Holdings, <%PYPL%> by 54.3%, selling 19,052 shares and now holding 16,065 shares valued at approximately $1.19 million.
• Institutional investors significantly increased their positions in PayPal during the first quarter, with AQR Capital Management growing its stake by 15.8% and Allianz SE increasing by 281.8%.
• PayPal's stock has fluctuated between a 12-month low of $55.85 and a high of $93.66, with a current P/E ratio of 14.29 and an average price target of $85.00 from analysts.

Neville Rodie & Shaw Inc. reduced its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 54.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,065 shares of the credit services provider's stock after selling 19,052 shares during the quarter. Neville Rodie & Shaw Inc.'s holdings in PayPal were worth $1,194,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of PYPL. Nuveen LLC acquired a new position in shares of PayPal in the 1st quarter valued at $529,264,000. Goldman Sachs Group Inc. raised its stake in shares of 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. increased its position in shares of PayPal by 124.1% in the first 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 acquiring an additional 1,936,520 shares during the last quarter. Deutsche Bank AG increased its position in shares of PayPal by 19.1% in the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock valued at $733,294,000 after acquiring an additional 1,798,330 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in PayPal during the fourth quarter worth about $140,164,000. Institutional investors and hedge funds own 68.32% of the company's stock.

PayPal Price Performance

PYPL traded down $0.38 during trading on Friday, hitting $66.89. 7,495,242 shares of the stock traded hands, compared to its average volume of 8,813,973. The business has a 50 day moving average price of $70.81 and a 200 day moving average price of $69.42. The company has a market cap of $63.91 billion, a price-to-earnings ratio of 14.29, a PEG ratio of 1.03 and a beta of 1.43. 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 twelve month low of $55.85 and a twelve month high of $93.66.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.10. The company had revenue of $8.29 billion during 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 period in the prior 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. Equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Transactions at PayPal

In related news, insider Suzan Kereere sold 4,162 shares of the business's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the sale, the insider owned 48,483 shares of the company's stock, valued at $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the business's stock in a transaction on Thursday, July 31st. The stock was 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 position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,102 shares of company stock worth $1,046,607. Corporate insiders own 0.08% of the company's stock.

Analysts Set New Price Targets

PYPL has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft set a $75.00 price target on PayPal in a report on Tuesday, July 29th. Piper Sandler set a $74.00 price target on PayPal in a report on Tuesday, July 29th. Royal Bank Of Canada reiterated an "outperform" rating and set a $88.00 price target on shares of PayPal in a report on Thursday, June 26th. Truist Financial assumed coverage on PayPal in a report on Monday, June 2nd. They set a "sell" rating and a $68.00 price objective for the company. Finally, BMO Capital Markets restated a "market perform" rating on shares of PayPal in a report on Tuesday, July 29th. Seventeen 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. Based on data from MarketBeat.com, PayPal has a consensus rating of "Hold" and a consensus price target of $85.00.

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.