OLD National Bancorp IN Buys 34,272 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• OLD National Bancorp IN increased its stake in PayPal Holdings, Inc. by 32.7% during the 2nd quarter, acquiring an additional 34,272 shares for a total holding worth $10,332,000.
• PayPal reported earnings of $1.40 per share for its last quarter, exceeding analyst expectations, and provided guidance for Q3 2025 EPS of 1.180-1.220.
• Seventeen analysts rated PayPal stock as a Buy, indicating confidence in its growth potential, with a consensus target price of $84.50.

OLD National Bancorp IN grew its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 32.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 139,017 shares of the credit services provider's stock after acquiring an additional 34,272 shares during the quarter. OLD National Bancorp IN's holdings in PayPal were worth $10,332,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of PYPL. Gordian Capital Singapore Pte Ltd boosted its position in shares of PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock worth $31,000 after buying an additional 138 shares during the period. GSB Wealth Management LLC boosted its position in PayPal by 1.7% during the second quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider's stock valued at $606,000 after purchasing an additional 140 shares during the last quarter. CreativeOne Wealth LLC boosted its position in PayPal by 1.5% during the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider's stock valued at $613,000 after purchasing an additional 142 shares during the last quarter. Pitti Group Wealth Management LLC boosted its position in PayPal by 1.5% during the second quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider's stock valued at $761,000 after purchasing an additional 147 shares during the last quarter. Finally, MONECO Advisors LLC boosted its position in PayPal by 0.8% during the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider's stock valued at $1,334,000 after purchasing an additional 154 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors.

PayPal Trading Up 0.5%

Shares of PYPL opened at $69.25 on Friday. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66. The business's fifty day moving average is $68.68 and its 200-day moving average is $69.30. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. The firm has a market cap of $66.16 billion, a price-to-earnings ratio of 14.80, a PEG ratio of 1.07 and a beta of 1.44.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings results 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. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The company had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. During the same quarter last year, the company posted $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 anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Insider Activity

In related news, EVP Diego Scotti sold 3,838 shares of the firm'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 sale, the executive vice president owned 16,989 shares of the company's stock, valued at $1,174,279.68. This trade represents a 18.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the firm's stock in a transaction on Thursday, July 31st. The shares were 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 quarter, insiders have sold 15,102 shares of company stock worth $1,046,607. Insiders own 0.08% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on PYPL shares. Deutsche Bank Aktiengesellschaft set a $75.00 price target on PayPal in a research report on Tuesday, July 29th. Weiss Ratings reissued a "hold (c)" rating on shares of PayPal in a research report on Saturday, September 27th. Citigroup reissued a "buy" rating on shares of PayPal in a research report on Tuesday, July 29th. Morgan Stanley reissued a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Finally, BMO Capital Markets reissued a "market perform" rating on shares of PayPal in a research report on Tuesday, July 29th. Seventeen research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, PayPal has a consensus rating of "Hold" and an average target price of $84.50.

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.

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