PayPal Holdings, Inc. $PYPL Shares Sold by Demars Financial Group LLC

Key Points

• Demars Financial Group LLC significantly reduced its holdings in PayPal by 99.0%, selling 445,805 shares and retaining only 4,489 shares valued at approximately $334,000.
• PayPal's stock saw a 2.1% increase recently, with shares opening at $67.41, while the company has a market cap of $64.40 billion and earnings per share of $1.40, beating estimates.
• Institutional investors currently own 68.32% of PayPal's stock, with several major firms, including Vanguard and Goldman Sachs, adjusting their positions in the company during recent quarters.

Demars Financial Group LLC cut its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 99.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,489 shares of the credit services provider's stock after selling 445,805 shares during the period. Demars Financial Group LLC's holdings in PayPal were worth $334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in PayPal by 0.3% during the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider's stock valued at $5,625,976,000 after purchasing an additional 276,339 shares during the period. Deutsche Bank AG lifted its position in PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock valued at $733,294,000 after purchasing an additional 1,798,330 shares during the period. Invesco Ltd. lifted its position in PayPal by 14.9% during the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider's stock valued at $620,924,000 after purchasing an additional 1,232,155 shares during the period. Goldman Sachs Group Inc. lifted its position in PayPal by 44.6% during the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider's stock valued at $558,499,000 after purchasing an additional 2,638,815 shares during the period. Finally, Nuveen LLC purchased a new position in PayPal in the first quarter valued at $529,264,000. 68.32% of the stock is currently owned by institutional investors and hedge funds.

PayPal Stock Up 2.1%

Shares of NASDAQ PYPL opened at $67.41 on Monday. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The stock has a market cap of $64.40 billion, a PE ratio of 14.40, a P/E/G ratio of 1.04 and a beta of 1.44. 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 company has a 50-day moving average of $68.89 and a 200 day moving average of $69.52.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) 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 company 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 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. As a group, sell-side analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. The Goldman Sachs Group set a $70.00 price objective on shares of PayPal and gave the stock a "sell" rating in a research report on Monday, October 13th. Weiss Ratings restated a "hold (c)" rating on shares of PayPal in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of PayPal in a research report on Tuesday, July 29th. Wall Street Zen downgraded shares of PayPal from a "buy" rating to a "hold" rating in a research report on Saturday, October 4th. Finally, Barclays restated an "overweight" rating on shares of PayPal in a research report on Tuesday, July 29th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $83.44.

Insider Activity

In other news, insider Suzan Kereere sold 4,162 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were 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 position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.12, for a total transaction 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 approximately $1,174,279.68. This trade represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,102 shares of company stock valued at $1,046,607 in the last 90 days. Company insiders own 0.08% of the company's stock.

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.

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