Vestmark Advisory Solutions Inc. Purchases 5,940 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Vestmark Advisory Solutions Inc. increased its holdings in PayPal by 85.9% during the first quarter, bringing its total ownership to 12,856 shares valued at approximately $839,000.
• PayPal's latest quarterly earnings report showed an earnings per share (EPS) of $1.40, exceeding analysts' expectations of $1.30, with total revenue of $8.29 billion.
• Currently, 68.32% of PayPal's stock is owned by institutional investors, reflecting ongoing interest from major financial firms.

Vestmark Advisory Solutions Inc. lifted its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 85.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,856 shares of the credit services provider's stock after acquiring an additional 5,940 shares during the quarter. Vestmark Advisory Solutions Inc.'s holdings in PayPal were worth $839,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PYPL. Capital Research Global Investors boosted its holdings in PayPal by 108.2% during the fourth quarter. Capital Research Global Investors now owns 17,924,106 shares of the credit services provider's stock worth $1,529,823,000 after buying an additional 9,313,783 shares during the last quarter. Nuveen LLC acquired a new position in shares of PayPal during the first quarter worth about $529,264,000. Goldman Sachs Group Inc. boosted its position in shares of PayPal by 44.6% during 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. Assenagon Asset Management S.A. boosted its position in shares of PayPal by 124.1% during the first quarter. Assenagon Asset Management S.A. now owns 3,497,415 shares of the credit services provider's stock worth $228,206,000 after buying an additional 1,936,520 shares during the period. Finally, Deutsche Bank AG boosted its position in PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock valued at $733,294,000 after purchasing an additional 1,798,330 shares during the last quarter. Institutional investors own 68.32% of the company's stock.

PayPal Stock Performance

NASDAQ:PYPL traded down $0.97 during mid-day trading on Wednesday, hitting $68.08. 9,982,442 shares of the stock were exchanged, compared to its average volume of 13,043,931. The stock has a market capitalization of $65.04 billion, a price-to-earnings ratio of 14.55, a price-to-earnings-growth ratio of 1.06 and a beta of 1.42. The firm's 50-day simple moving average is $72.23 and its 200 day simple moving average is $70.52. 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.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $8.29 billion during the quarter, compared to analysts' expectations of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period in the previous year, the firm 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. As a group, equities analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Chris Natali sold 7,102 shares of the business's stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the business's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $73.24, for a total value of $304,824.88. Following the transaction, the insider directly owned 48,483 shares of the company's stock, valued at $3,550,894.92. This trade represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 26,898 shares of company stock worth $1,909,636 over the last 90 days. Corporate insiders own 0.08% of the company's stock.

Analyst Ratings Changes

Several research analysts recently commented on PYPL shares. JMP Securities reduced their price target 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. Truist Financial began coverage on PayPal in a research report on Monday, June 2nd. They issued a "sell" rating and a $68.00 price objective for the company. Seaport Res Ptn raised PayPal from a "strong sell" rating to a "hold" rating in a research report on Monday, July 14th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $88.00 price objective on shares of PayPal in a research report on Thursday, June 26th. Finally, Macquarie reaffirmed an "outperform" rating and issued a $95.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, PayPal currently has an average rating of "Hold" and an average price target of $85.00.

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.