PayPal Holdings, Inc. $PYPL Shares Purchased by Groupe la Francaise

Key Points

• Groupe la Francaise significantly increased its stake in PayPal by 6,778.7%, acquiring nearly 55,580 shares, valued at approximately $3.8 million.
• Various hedge funds boosted their PayPal positions, with Allstate Corp increasing its stake by 36.0% and AlphaQuest LLC acquiring a new position valued at $575,000.
• PayPal's most recent earnings report showed $1.40 EPS, exceeding analysts' expectations, alongside revenue of $8.29 billion for the quarter.

Groupe la Francaise boosted its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 6,778.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,580 shares of the credit services provider's stock after purchasing an additional 54,772 shares during the quarter. Groupe la Francaise's holdings in PayPal were worth $3,826,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Phoenix Wealth Advisors boosted its holdings in PayPal by 4.1% in the first quarter. Phoenix Wealth Advisors now owns 4,563 shares of the credit services provider's stock worth $298,000 after purchasing an additional 179 shares during the period. Sax Wealth Advisors LLC boosted its holdings in PayPal by 27.6% in the first quarter. Sax Wealth Advisors LLC now owns 5,937 shares of the credit services provider's stock worth $387,000 after purchasing an additional 1,285 shares during the period. AlphaQuest LLC acquired a new position in PayPal in the first quarter worth $575,000. Allstate Corp boosted its position in PayPal by 36.0% during the 1st quarter. Allstate Corp now owns 39,202 shares of the credit services provider's stock valued at $2,558,000 after purchasing an additional 10,380 shares during the period. Finally, Arnhold LLC boosted its position in PayPal by 17.2% during the 1st quarter. Arnhold LLC now owns 151,150 shares of the credit services provider's stock valued at $9,863,000 after purchasing an additional 22,217 shares during the period. Institutional investors and hedge funds own 68.32% of the company's stock.

Insider Transactions at PayPal

In related news, insider Suzan Kereere sold 4,162 shares of the business's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the sale, the insider owned 48,483 shares of the company's stock, valued at $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Deborah M. Messemer sold 3,795 shares of the business'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 value of $277,035.00. Following the sale, the director directly owned 13,976 shares in the company, valued at approximately $1,020,248. The trade was a 21.36% decrease in their position. The disclosure for this sale can be found here. Insiders sold 26,898 shares of company stock worth $1,909,636 in the last three months. 0.08% of the stock is currently owned by company insiders.

PayPal Stock Performance

Shares of NASDAQ PYPL opened at $69.90 on Friday. The stock has a 50 day simple moving average of $72.07 and a 200-day simple moving average of $70.26. The company has a market cap of $66.78 billion, a PE ratio of 14.94, a P/E/G ratio of 1.08 and a beta of 1.42. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL - Get Free Report) last issued 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 company had revenue of $8.29 billion during the quarter, compared to analyst estimates 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 prior year, the business 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. On average, equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Analyst Upgrades and Downgrades

PYPL has been the subject of a number of analyst reports. Seaport Res Ptn upgraded PayPal from a "strong sell" rating to a "hold" rating in a research report on Monday, July 14th. Morgan Stanley restated a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. JMP Securities reduced their price objective 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. UBS Group reduced their price objective on PayPal from $88.00 to $75.00 and set a "neutral" rating for the company in a research report on Wednesday, April 30th. Finally, Truist Financial initiated coverage on PayPal in a research report on Monday, June 2nd. They set a "sell" rating and a $68.00 price objective for the company. Seventeen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has a consensus 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.

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