Northstar Asset Management Inc. Sells 78,047 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Northstar Asset Management Inc. significantly reduced its holdings in PayPal by 91.8%, selling 78,047 shares and holding only 6,963 shares worth approximately $517,000 at the end of the quarter.
• Several institutional investors, including Goldman Sachs and Deutsche Bank, increased their stakes in PayPal during the first quarter, contributing to an overall institutional ownership of 68.32%.
• PayPal reported earnings of $1.40 per share, beating analysts' expectations, and has provided Q3 2025 guidance of 1.180-1.220 EPS, with a consensus price target of $82.46 from research analysts.

Northstar Asset Management Inc. decreased its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 91.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,963 shares of the credit services provider's stock after selling 78,047 shares during the quarter. Northstar Asset Management Inc.'s holdings in PayPal were worth $517,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of PYPL. Nuveen LLC bought a new position in PayPal in the first quarter valued at about $529,264,000. Goldman Sachs Group Inc. raised its stake in shares of PayPal by 44.6% in the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider's stock worth $558,499,000 after buying an additional 2,638,815 shares during the period. Deutsche Bank AG raised its stake 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 worth $733,294,000 after buying an additional 1,798,330 shares during the period. Invesco Ltd. raised its stake in shares of PayPal by 14.9% in the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider's stock worth $620,924,000 after buying an additional 1,232,155 shares during the period. Finally, Jupiter Asset Management Ltd. raised its stake in shares of PayPal by 301.7% in the first quarter. Jupiter Asset Management Ltd. now owns 1,156,955 shares of the credit services provider's stock worth $75,491,000 after buying an additional 868,953 shares during the period. Institutional investors own 68.32% of the company's stock.

Insider Activity

In related news, EVP Diego Scotti sold 3,838 shares of the firm's stock in a transaction that occurred 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 of the company's stock, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their position. The sale 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 the firm's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the sale, the insider directly owned 48,483 shares of the company's stock, valued at $3,364,235.37. This represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,102 shares of company stock valued at $1,046,607 in the last ninety days. Insiders own 0.08% of the company's stock.

PayPal Price Performance

NASDAQ:PYPL opened at $69.77 on Friday. The firm has a market capitalization of $66.66 billion, a price-to-earnings ratio of 14.91, a PEG ratio of 1.08 and a beta of 1.44. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The business has a 50 day simple moving average of $68.94 and a 200-day simple moving average of $69.75. 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 (NASDAQ:PYPL - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period last 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 forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Sanford C. Bernstein decreased their price objective on PayPal from $85.00 to $76.00 in a research note on Tuesday. Weiss Ratings reiterated a "hold (c)" rating on shares of PayPal in a research report on Wednesday, October 8th. BMO Capital Markets reiterated a "market perform" rating on shares of PayPal in a research report on Tuesday, July 29th. Truist Financial set a $65.00 target price on PayPal in a research report on Friday. Finally, JMP Securities cut their target price on PayPal from $110.00 to $100.00 and set a "market outperform" rating for the company in a research report on Wednesday, July 30th. Fifteen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $82.46.

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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