Northwestern Mutual Wealth Management Co. Lowers Stock Holdings in PayPal Holdings, Inc. $PYPL

Key Points

• Northwestern Mutual Wealth Management Co. reduced its holdings in PayPal by 8.2%, ending up with a stock position valued at $5.36 million after selling over 7,300 shares.
• Multiple hedge funds have adjusted their stakes, with Goldman Sachs Group Inc. increasing its holdings by 44.6%, reflecting significant institutional interest in PayPal.
• PayPal reported earnings per share of $1.40 for the last quarter, surpassing market expectations, and established a fiscal year 2025 guidance range of 5.150-5.300 EPS.

Northwestern Mutual Wealth Management Co. reduced its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 8.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 82,174 shares of the credit services provider's stock after selling 7,346 shares during the period. Northwestern Mutual Wealth Management Co.'s holdings in PayPal were worth $5,362,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of PYPL. Mpwm Advisory Solutions LLC purchased a new position in shares of PayPal during the fourth quarter worth $25,000. Evermay Wealth Management LLC raised its stake in shares of PayPal by 726.0% in the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock valued at $27,000 after acquiring an additional 363 shares in the last quarter. Garde Capital Inc. acquired a new stake in shares of PayPal in the first quarter valued at $28,000. Tsfg LLC raised its stake in shares of PayPal by 81.6% in the first quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock valued at $29,000 after acquiring an additional 200 shares in the last quarter. Finally, Bernard Wealth Management Corp. acquired a new stake in shares of PayPal in the fourth quarter valued at $34,000. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Canaccord Genuity Group reiterated a "buy" rating and issued a $96.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. UBS Group reduced their price objective on PayPal from $88.00 to $75.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 30th. Truist Financial started coverage on PayPal in a research note on Monday, June 2nd. They issued a "sell" rating and a $68.00 price objective on the stock. Needham & Company LLC restated a "hold" rating on shares of PayPal in a report on Wednesday, April 30th. Finally, Citigroup restated a "buy" rating on shares of PayPal in a report on Tuesday, July 29th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $85.00.

Insider Transactions at PayPal

In other PayPal news, EVP Diego Scotti sold 3,839 shares of the firm's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $73.24, for a total transaction of $281,168.36. Following the transaction, the executive vice president owned 16,989 shares of the company's stock, valued at approximately $1,244,274.36. This trade represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the firm's stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The disclosure for this sale can be found here. In the last ninety days, insiders sold 26,898 shares of company stock worth $1,909,636. 0.08% of the stock is owned by company insiders.

PayPal Stock Performance

Shares of PYPL stock traded up $0.41 during mid-day trading on Thursday, hitting $70.06. 5,875,974 shares of the stock were exchanged, compared to its average volume of 10,277,468. The stock's fifty day simple moving average is $72.05 and its two-hundred day simple moving average is $70.08. The stock has a market capitalization of $66.93 billion, a price-to-earnings ratio of 14.97, a P/E/G ratio of 1.08 and a beta of 1.42. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. 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 (NASDAQ:PYPL - Get Free Report) last issued 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 company had revenue of $8.29 billion for 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 quarter last year, the company 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. On average, analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

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.