UniSuper Management Pty Ltd Raises Stock Holdings in PayPal Holdings, Inc. $PYPL

Key Points

• UniSuper Management Pty Ltd increased its stake in PayPal Holdings, acquiring an additional 6,932 shares, raising their total holdings by 10.4% to 73,798 shares valued at approximately $4.81 million.
• Multiple institutional investors, including Select Equity Group and Nissay Asset Management, have also raised their stakes in PayPal, indicating strong investor interest in the company.
• PayPal's recent quarterly earnings surpassed analysts' estimates, reporting an EPS of $1.40 and revenue of $8.29 billion, leading analysts to maintain a consensus rating of "Hold" and an average price target of $85.00.

UniSuper Management Pty Ltd increased its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 10.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 73,798 shares of the credit services provider's stock after buying an additional 6,932 shares during the quarter. UniSuper Management Pty Ltd's holdings in PayPal were worth $4,815,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC purchased a new position in PayPal during the 4th quarter worth approximately $25,000. Evermay Wealth Management LLC grew its stake in PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock worth $27,000 after buying an additional 363 shares during the last quarter. Garde Capital Inc. purchased a new position in PayPal during the 1st quarter worth approximately $28,000. Tsfg LLC grew its stake in PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock worth $29,000 after buying an additional 200 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd grew its stake 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 worth $31,000 after buying an additional 138 shares during the last quarter. Hedge funds and other institutional investors own 68.32% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. JMP Securities reduced their price objective on PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a research report on Wednesday, July 30th. Morgan Stanley restated a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. BMO Capital Markets reiterated a "market perform" rating on shares of PayPal in a research note on Tuesday, July 29th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $88.00 target price on shares of PayPal in a research note on Thursday, June 26th. Finally, Seaport Res Ptn upgraded PayPal from a "strong sell" rating to a "hold" rating in a research note on Monday, July 14th. Seventeen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $85.00.

Insider Transactions at PayPal

In other news, insider Suzan Kereere sold 4,162 shares of the company's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the sale, the insider owned 48,483 shares of the company's stock, valued at $3,364,235.37. This represents a 7.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the company's stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.12, for a total value of $265,282.56. Following the completion of the sale, the executive vice president directly owned 16,989 shares of the company's stock, valued at $1,174,279.68. The trade was a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold 15,102 shares of company stock valued at $1,046,607 over the last quarter. Company insiders own 0.08% of the company's stock.

PayPal Trading Up 2.5%

NASDAQ:PYPL traded up $1.62 on Thursday, hitting $67.26. 6,193,858 shares of the stock were exchanged, compared to its average volume of 11,005,279. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The stock has a fifty day moving average of $71.18 and a 200-day moving average of $69.55. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The stock has a market cap of $64.26 billion, a PE ratio of 14.36, a PEG ratio of 1.05 and a beta of 1.43.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $8.08 billion. During the same quarter in the prior year, the business earned $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. As a group, equities analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal 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.