Brown Shipley& Co Ltd Lowers Stake in PayPal Holdings, Inc. $PYPL

Key Points

• Brown Shipley & Co Ltd has reduced its stake in PayPal Holdings, Inc. by 76.9% during the first quarter, currently holding 11,138 shares valued at $727,000.
• PayPal reported earnings of $1.40 EPS for the last quarter, exceeding analysts' expectations of $1.30, with revenues reaching $8.29 billion.
• A majority of analysts maintain a Hold rating on PayPal, with a price target averaging around $85.00.

Brown Shipley& Co Ltd lessened its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 76.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,138 shares of the credit services provider's stock after selling 37,030 shares during the period. PayPal accounts for approximately 0.4% of Brown Shipley& Co Ltd's investment portfolio, making the stock its 27th biggest position. Brown Shipley& Co Ltd's holdings in PayPal were worth $727,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. United Asset Strategies Inc. raised its position in shares of PayPal by 7.5% during the 1st quarter. United Asset Strategies Inc. now owns 46,011 shares of the credit services provider's stock worth $3,002,000 after purchasing an additional 3,208 shares during the last quarter. Kaufman Rossin Wealth LLC acquired a new position in shares of PayPal during the 1st quarter worth about $273,000. Martingale Asset Management L P raised its position in shares of PayPal by 29.1% during the 1st quarter. Martingale Asset Management L P now owns 6,935 shares of the credit services provider's stock worth $453,000 after purchasing an additional 1,562 shares during the last quarter. Level Four Advisory Services LLC raised its position in shares of PayPal by 5.2% during the 1st quarter. Level Four Advisory Services LLC now owns 133,647 shares of the credit services provider's stock worth $8,720,000 after purchasing an additional 6,599 shares during the last quarter. Finally, Groupama Asset Managment raised its position in shares of PayPal by 47.2% during the 1st quarter. Groupama Asset Managment now owns 26,632 shares of the credit services provider's stock worth $1,735,000 after purchasing an additional 8,536 shares during the last quarter. Institutional investors and hedge funds own 68.32% of the company's stock.

PayPal Trading Up 3.5%

Shares of PayPal stock traded up $2.35 during mid-day trading on Friday, hitting $69.90. The stock had a trading volume of 9,381,803 shares, compared to its average volume of 12,906,146. The firm has a 50-day moving average of $72.07 and a two-hundred day moving average of $70.32. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. 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 $66.78 billion, a P/E ratio of 14.94, a price-to-earnings-growth ratio of 1.04 and a beta of 1.42.

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, beating the consensus estimate of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The business had revenue of $8.29 billion during the quarter, compared to analysts' expectations of $8.08 billion. During the same quarter in the prior year, the company 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. Sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Wall Street Analyst Weigh In

PYPL has been the subject of several research reports. Robert W. Baird upped their price objective on shares of PayPal from $78.00 to $79.00 and gave the company an "outperform" rating in a research note on Wednesday, April 30th. Piper Sandler set a $74.00 price objective on shares of PayPal in a research note on Tuesday, July 29th. Macquarie reaffirmed an "outperform" rating and set a $95.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a research note on Tuesday, July 29th. Finally, BMO Capital Markets reaffirmed a "market perform" rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $85.00.

Insider Activity at PayPal

In related news, Director Deborah M. Messemer sold 3,795 shares of the stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $73.00, for a total transaction of $277,035.00. Following the completion of the transaction, the director owned 13,976 shares of the company's stock, valued at approximately $1,020,248. This trade represents a 21.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $73.24, for a total transaction of $304,824.88. Following the transaction, the insider directly owned 48,483 shares of the company's stock, valued at $3,550,894.92. The trade was a 7.91% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 26,898 shares of company stock worth $1,909,636. Company insiders own 0.08% of the company's stock.

PayPal Company 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.