PayPal Holdings, Inc. $PYPL Shares Bought by Nixon Capital LLC

Key Points

• Nixon Capital LLC increased its stake in PayPal Holdings, Inc. by 6.7%, making it the firm's second largest holding, with a total of 366,018 shares valued at approximately $23.88 million.
• PayPal reported earnings of $1.40 per share, exceeding analyst expectations, with quarterly revenue of $8.29 billion.
• Analyst ratings on PayPal are varied, with a consensus rating of "Hold" and a price target of $85.00, while 17 analysts rated it as a Buy.

Nixon Capital LLC increased its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 6.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 366,018 shares of the credit services provider's stock after acquiring an additional 22,840 shares during the period. PayPal comprises about 8.2% of Nixon Capital LLC's investment portfolio, making the stock its 2nd biggest position. Nixon Capital LLC's holdings in PayPal were worth $23,883,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in PYPL. Brighton Jones LLC boosted its position in shares of PayPal by 15.2% during the 4th quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider's stock valued at $596,000 after acquiring an additional 924 shares in the last quarter. Revolve Wealth Partners LLC acquired a new position in PayPal in the fourth quarter valued at about $248,000. Triumph Capital Management boosted its position in PayPal by 12.7% in the fourth quarter. Triumph Capital Management now owns 10,595 shares of the credit services provider's stock valued at $904,000 after buying an additional 1,195 shares in the last quarter. Cary Street Partners Financial LLC acquired a new position in PayPal in the fourth quarter valued at about $545,000. Finally, Captrust Financial Advisors boosted its position in PayPal by 33.5% in the fourth quarter. Captrust Financial Advisors now owns 116,848 shares of the credit services provider's stock valued at $9,973,000 after buying an additional 29,336 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on PYPL. Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of PayPal in a research report on Tuesday, July 29th. Royal Bank Of Canada restated an "outperform" rating and issued a $88.00 price target on shares of PayPal in a research report on Thursday, June 26th. Macquarie restated an "outperform" rating and issued a $95.00 price target on shares of PayPal in a research report on Wednesday, July 30th. BMO Capital Markets restated a "market perform" rating on shares of PayPal in a research report on Tuesday, July 29th. Finally, 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. Seventeen investment 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's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $85.00.

PayPal Price Performance

Shares of NASDAQ PYPL traded down $0.20 during trading on Friday, reaching $68.26. The company had a trading volume of 7,781,299 shares, compared to its average volume of 8,973,464. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The stock has a market cap of $65.21 billion, a PE ratio of 14.59, a PEG ratio of 1.05 and a beta of 1.43. 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 business's 50 day moving average price is $71.66 and its 200-day moving average price is $69.70.

PayPal (NASDAQ:PYPL - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping analysts' consensus estimates of $1.30 by $0.10. The business had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same period in the previous year, the firm 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. Analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Insider Activity at PayPal

In related news, EVP Diego Scotti sold 3,838 shares of the business's stock in a transaction that occurred on Thursday, July 31st. The shares were 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 owned 16,989 shares in the company, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Suzan Kereere sold 4,162 shares of the business's 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 owned 48,483 shares of the company's stock, valued at approximately $3,364,235.37. This represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is currently owned by company insiders.

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.