Banque Transatlantique SA Boosts Stock Holdings in PayPal Holdings, Inc. $PYPL

Key Points

• Banque Transatlantique SA increased its stake in PayPal Holdings, Inc. by 370.5% during the first quarter, bringing its total holdings to 9,970 shares worth $601,000.
• Insider executives, including EVP Diego Scotti, sold significant amounts of PayPal stock, reducing their positions by 18.43% and 7.91% respectively on June 6th.
• Analysts have given PayPal a consensus rating of Hold, with a target price average of $85.00 as multiple brokerages reaffirmed their ratings and price objectives.

Banque Transatlantique SA raised its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 370.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,970 shares of the credit services provider's stock after purchasing an additional 7,851 shares during the period. Banque Transatlantique SA's holdings in PayPal were worth $601,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Mpwm Advisory Solutions LLC purchased a new position in PayPal in the 4th quarter worth $25,000. Evermay Wealth Management LLC raised its position in PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock worth $27,000 after purchasing an additional 363 shares during the period. Garde Capital Inc. purchased a new position in PayPal in the 1st quarter worth $28,000. Tsfg LLC raised its position in PayPal by 81.6% in the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock worth $29,000 after purchasing an additional 200 shares during the period. Finally, Gordian Capital Singapore Pte Ltd raised its position in PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock worth $31,000 after purchasing an additional 138 shares during the period. Hedge funds and other institutional investors own 68.32% of the company's stock.

Insider Transactions at PayPal

In other news, EVP Diego Scotti sold 3,838 shares of the company'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 value of $265,282.56. Following the transaction, the executive vice president owned 16,989 shares in the company, valued at approximately $1,174,279.68. This represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Chris Natali sold 7,102 shares of the company's stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The disclosure for this sale can be found here. Over the last 90 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

PYPL has been the topic of a number of analyst reports. Royal Bank Of Canada reiterated an "outperform" rating and issued a $88.00 target price on shares of PayPal in a research report on Thursday, June 26th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of PayPal in a report on Tuesday, July 29th. Canaccord Genuity Group reissued a "buy" rating and issued a $96.00 price target on shares of PayPal in a report on Wednesday, July 30th. Citigroup reissued a "buy" rating on shares of PayPal in a report on Tuesday, July 29th. Finally, JMP Securities cut their price target on shares of PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a report on Wednesday, July 30th. Seventeen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $85.00.

PayPal Trading Down 0.3%

Shares of PYPL traded down $0.20 during trading hours on Friday, reaching $68.26. 7,781,299 shares of the company traded hands, compared to its average volume of 8,973,464. The company's fifty day moving average price is $71.66 and its two-hundred day moving average price is $69.76. The company has a market capitalization of $65.21 billion, a price-to-earnings ratio of 14.59, a price-to-earnings-growth ratio of 1.06 and a beta of 1.43. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its earnings results 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 net margin of 14.49% and a return on equity of 25.35%. The firm had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. During the same quarter in the previous year, the firm 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. Equities research analysts predict 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.