Norinchukin Bank The Raises Holdings in PayPal Holdings, Inc. $PYPL

Key Points

• Norinchukin Bank The increased its stake in PayPal Holdings, Inc. by 42.3% in the first quarter, owning 78,985 shares valued at $5,154,000 after acquiring an additional 23,472 shares.
• Several institutional investors, including CW Advisors LLC and Summit Financial LLC, also significantly increased their positions in PayPal during the same period.
• The stock has a consensus rating of "Hold" with price targets ranging from $75.00 to $100.00, while recent earnings exceeded estimates, reporting $1.40 earnings per share against a forecast of $1.30.

Norinchukin Bank The increased its stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 42.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,985 shares of the credit services provider's stock after acquiring an additional 23,472 shares during the period. Norinchukin Bank The's holdings in PayPal were worth $5,154,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. CW Advisors LLC grew its position in PayPal by 72.8% in the first quarter. CW Advisors LLC now owns 35,818 shares of the credit services provider's stock worth $2,351,000 after acquiring an additional 15,095 shares in the last quarter. Summit Financial LLC grew its position in PayPal by 27.3% in the first quarter. Summit Financial LLC now owns 13,407 shares of the credit services provider's stock worth $875,000 after acquiring an additional 2,875 shares in the last quarter. United Asset Strategies Inc. grew its position in PayPal by 7.5% in the first quarter. United Asset Strategies Inc. now owns 46,011 shares of the credit services provider's stock worth $3,002,000 after acquiring an additional 3,208 shares in the last quarter. Kaufman Rossin Wealth LLC purchased a new position in PayPal in the first quarter worth about $273,000. Finally, Martingale Asset Management L P grew its position in PayPal by 29.1% in the first quarter. Martingale Asset Management L P now owns 6,935 shares of the credit services provider's stock worth $453,000 after acquiring an additional 1,562 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company's stock.

Wall Street Analyst Weigh In

PYPL has been the subject of several recent research reports. Needham & Company LLC reiterated a "hold" rating on shares of PayPal in a research report on Wednesday, April 30th. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a research note on Tuesday, July 29th. BMO Capital Markets reissued a "market perform" rating on shares of PayPal in a research note on Tuesday, July 29th. JMP Securities decreased their price objective on shares of PayPal from $110.00 to $100.00 and set a "market outperform" rating for the company in a research note on Wednesday, July 30th. Finally, Wall Street Zen raised shares of PayPal from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $85.00.

Insider Activity at PayPal

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 owned 16,989 shares of the company's stock, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 26,898 shares of company stock worth $1,909,636. Insiders own 0.08% of the company's stock.

PayPal Stock Performance

PayPal stock opened at $67.55 on Friday. The company has a 50 day moving average price of $72.09 and a 200-day moving average price of $70.37. 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 fifty-two week low of $55.85 and a fifty-two week high of $93.66. The company has a market capitalization of $64.54 billion, a PE ratio of 14.43, a P/E/G ratio of 1.05 and a beta of 1.42.

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, beating 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 the consensus estimate of $8.08 billion. During the same quarter in the previous year, the firm posted $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 analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

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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