PayPal Holdings, Inc. $PYPL Stock Holdings Trimmed by Pacific Capital Partners Ltd

Key Points

• Pacific Capital Partners Ltd reduced its position in PayPal by 25.7% in Q2, now holding $4.14 million worth of the stock, which accounts for 3.9% of its portfolio.
• Multiple institutional investors have reallocated their investments in PayPal, with Brighton Jones LLC increasing its stake by 15.2% during Q4.
• PayPal reported earnings of $1.40 per share for Q2, beating estimates, and has a current share price target estimated at $85.00 by analysts.

Pacific Capital Partners Ltd cut its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 25.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 55,750 shares of the credit services provider's stock after selling 19,250 shares during the period. PayPal comprises 3.9% of Pacific Capital Partners Ltd's portfolio, making the stock its 6th largest holding. Pacific Capital Partners Ltd's holdings in PayPal were worth $4,143,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Gordian Capital Singapore Pte Ltd grew its holdings in PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock valued at $31,000 after buying an additional 138 shares in the last quarter. CreativeOne Wealth LLC increased its holdings in PayPal by 1.5% in the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider's stock valued at $613,000 after acquiring an additional 142 shares during the last quarter. MONECO Advisors LLC boosted its holdings in shares of PayPal by 0.8% during the 1st 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. DMC Group LLC grew its position in shares of PayPal by 2.0% during the first quarter. DMC Group LLC now owns 7,948 shares of the credit services provider's stock valued at $519,000 after purchasing an additional 155 shares in the last quarter. Finally, Bryn Mawr Capital Management LLC increased its holdings in shares of PayPal by 4.5% in the first quarter. Bryn Mawr Capital Management LLC now owns 3,590 shares of the credit services provider's stock worth $234,000 after purchasing an additional 155 shares during the last quarter. Institutional investors own 68.32% of the company's stock.

Insider Activity

In related news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total transaction of $288,801.18. Following the transaction, the insider directly owned 48,483 shares of the company's stock, valued at $3,364,235.37. This trade represents a 7.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Diego Scotti sold 3,838 shares of the business's stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.12, for a total transaction 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 position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,102 shares of company stock worth $1,046,607. Corporate insiders own 0.08% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on PYPL shares. Piper Sandler set a $74.00 price target on PayPal in a research note on Tuesday, July 29th. Canaccord Genuity Group reiterated a "buy" rating and set a $96.00 target price on shares of PayPal in a research report on Wednesday, July 30th. JMP Securities reduced their price target on shares of PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a research report on Wednesday, July 30th. Macquarie reiterated an "outperform" rating and set a $95.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Finally, Barclays reissued an "overweight" rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $85.00.

PayPal Trading Down 0.6%

PYPL stock traded down $0.38 during mid-day trading on Friday, reaching $66.89. The company had a trading volume of 7,495,242 shares, compared to its average volume of 8,813,973. The firm has a 50 day moving average of $70.81 and a 200 day moving average of $69.42. 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 Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The company has a market capitalization of $63.91 billion, a PE ratio of 14.29, a price-to-earnings-growth ratio of 1.03 and a beta of 1.43.

PayPal (NASDAQ:PYPL - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 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 the consensus estimate 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 business 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. On average, equities analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal 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.