Nissay Asset Management Corp Japan ADV Boosts Stake in PayPal Holdings, Inc. $PYPL

Key Points

• Nissay Asset Management Corp Japan ADV increased its stake in PayPal Holdings, Inc. by 8.4%, owning 237,795 shares valued at approximately $15.5 million as of the end of the first quarter.
• PayPal reported a quarterly earnings per share (EPS) of $1.40, surpassing estimates, with revenue of $8.29 billion during the same period.
• Wall Street analysts have varying ratings for PayPal, with 17 analysts recommending a buy and an average target price of $85.00 for the stock.

Nissay Asset Management Corp Japan ADV boosted its stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 8.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 237,795 shares of the credit services provider's stock after purchasing an additional 18,393 shares during the period. Nissay Asset Management Corp Japan ADV's holdings in PayPal were worth $15,516,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PYPL. Mpwm Advisory Solutions LLC acquired a new stake in shares of PayPal in the fourth quarter valued at $25,000. Bernard Wealth Management Corp. purchased a new position in PayPal during the 4th quarter valued at about $34,000. Pinney & Scofield Inc. acquired a new position in PayPal in the 4th quarter valued at about $35,000. Evermay Wealth Management LLC increased its stake in PayPal by 726.0% during the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock worth $27,000 after purchasing an additional 363 shares during the period. Finally, Garde Capital Inc. purchased a new stake in PayPal during the first quarter worth about $28,000. Hedge funds and other institutional investors own 68.32% of the company's stock.

PayPal Trading Down 0.3%

Shares of NASDAQ:PYPL opened at $68.26 on Friday. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The company's 50 day moving average is $71.66 and its two-hundred day moving average is $69.76. The company has a market cap of $65.21 billion, a PE ratio of 14.59, a P/E/G ratio of 1.06 and a beta of 1.43. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL - Get Free Report) last released its quarterly earnings data 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 business had revenue of $8.29 billion during the quarter, compared to analysts' expectations 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 previous year, the company earned $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 earnings per share for the current fiscal year.

Insider Transactions at PayPal

In related news, CAO Chris Natali sold 7,102 shares of the business's stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the company's stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.12, for a total value of $265,282.56. Following the completion of the transaction, the executive vice president directly owned 16,989 shares of the company's stock, valued at $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. In the last ninety days, insiders sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

PYPL has been the subject of several recent research reports. Citigroup reissued a "buy" rating on shares of PayPal in a research note on Tuesday, July 29th. BMO Capital Markets reiterated a "market perform" rating on shares of PayPal in a report on Tuesday, July 29th. Piper Sandler set a $74.00 price target on shares of PayPal in a research report on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on PayPal in a research report on Tuesday, July 29th. Finally, Seaport Res Ptn upgraded PayPal from a "strong sell" rating to a "hold" rating in a research note on Monday, July 14th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $85.00.

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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