PayPal Holdings, Inc. $PYPL Shares Bought by Federation des caisses Desjardins du Quebec

Federation des caisses Desjardins du Quebec grew its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 131.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 246,817 shares of the credit services provider's stock after acquiring an additional 140,283 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in PayPal were worth $16,113,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Security National Bank of SO Dak increased its stake in PayPal by 1.1% during the fourth quarter. Security National Bank of SO Dak now owns 12,191 shares of the credit services provider's stock worth $1,041,000 after acquiring an additional 137 shares during the last quarter. Gordian Capital Singapore Pte Ltd grew its stake in shares of PayPal by 41.2% in the first 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 grew its stake in shares of PayPal by 1.5% in the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider's stock valued at $613,000 after buying an additional 142 shares in the last quarter. Redwood Financial Network Corp grew its stake in shares of PayPal by 4.8% in the fourth quarter. Redwood Financial Network Corp now owns 3,208 shares of the credit services provider's stock valued at $274,000 after buying an additional 147 shares in the last quarter. Finally, MONECO Advisors LLC grew its stake in shares of PayPal by 0.8% in the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider's stock valued at $1,334,000 after buying an additional 154 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors and hedge funds.

PayPal Price Performance

Shares of NASDAQ PYPL opened at $69.25 on Wednesday. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The business has a 50 day moving average price of $71.93 and a two-hundred day moving average price of $69.90. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. The firm has a market cap of $66.16 billion, a PE ratio of 14.80, a price-to-earnings-growth ratio of 1.08 and a beta of 1.43.

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

Insiders Place Their Bets

In other PayPal news, Director Deborah M. Messemer sold 3,795 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $73.00, for a total transaction of $277,035.00. Following the completion of the sale, the director owned 13,976 shares in the company, valued at $1,020,248. This trade represents a 21.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the transaction, the insider directly owned 48,483 shares in the company, 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. Insiders have sold 26,898 shares of company stock worth $1,909,636 in the last quarter. Company insiders own 0.08% of the company's stock.

Analysts Set New Price Targets

PYPL has been the subject of a number of recent research reports. Barclays reiterated an "overweight" rating on shares of PayPal in a research note on Tuesday, July 29th. JMP Securities lowered their target price on PayPal from $110.00 to $100.00 and set a "market outperform" rating for the company in a research note on Wednesday, July 30th. Canaccord Genuity Group reiterated a "buy" rating and issued a $96.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Truist Financial initiated coverage on PayPal in a research note on Monday, June 2nd. They issued a "sell" rating and a $68.00 target price for the company. Finally, Macquarie reiterated an "outperform" rating and issued a $95.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.