PayPal Holdings, Inc. $PYPL is Dorsey Asset Management LLC's 7th Largest Position

Key Points

• Dorsey Asset Management LLC has reduced its stake in PayPal Holdings, Inc. by 34.0%, now holding 858,231 shares valued at approximately $56 million, making it the firm's 7th largest position.
• Insider sales include notable transactions where Suzan Kereere and Deborah M. Messemer sold 4,162 and 3,795 shares respectively, indicating decreases in their ownership of 7.91% and 21.36%.
• Analysts have a varied outlook on PayPal, with ratings ranging from "buy" to "sell," while consensus estimates set the target price at $85.00 per share.

Dorsey Asset Management LLC trimmed its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 34.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 858,231 shares of the credit services provider's stock after selling 442,952 shares during the period. PayPal accounts for 5.9% of Dorsey Asset Management LLC's portfolio, making the stock its 7th biggest position. Dorsey Asset Management LLC owned approximately 0.09% of PayPal worth $56,000,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Mpwm Advisory Solutions LLC purchased a new stake in shares of PayPal in the fourth quarter worth $25,000. Evermay Wealth Management LLC lifted its holdings in shares of PayPal by 726.0% during the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock valued at $27,000 after purchasing an additional 363 shares in the last quarter. Garde Capital Inc. bought a new position in shares of PayPal during the first quarter valued at $28,000. Tsfg LLC lifted its holdings in shares of PayPal by 81.6% during the first quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock valued at $29,000 after purchasing an additional 200 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd lifted its holdings in 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 acquiring an additional 138 shares during the period. 68.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on PYPL. Wall Street Zen raised PayPal from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Deutsche Bank Aktiengesellschaft set a $75.00 target price on PayPal in a report on Tuesday, July 29th. Citigroup reissued a "buy" rating on shares of PayPal in a report on Tuesday, July 29th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $88.00 price objective on shares of PayPal in a research note on Thursday, June 26th. Finally, Morgan Stanley reaffirmed a "positive" rating on shares of PayPal in a research note on Wednesday, July 30th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $85.00.

PayPal Price Performance

PYPL traded down $0.20 on Friday, hitting $68.26. 7,781,299 shares of the company's stock traded hands, compared to its average volume of 8,973,464. The company's 50 day simple moving average is $71.66 and its 200-day simple moving average is $69.76. The firm has a market cap of $65.21 billion, a price-to-earnings ratio of 14.59, a P/E/G ratio of 1.06 and a beta of 1.43. PayPal Holdings, Inc. has a one year low of $55.85 and a one year 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 earnings results 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. The company had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same quarter last 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, research analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Insider Buying and Selling at PayPal

In other PayPal news, insider Suzan Kereere sold 4,162 shares of the firm'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 completion of the transaction, the insider owned 48,483 shares in the company, valued at $3,364,235.37. This trade represents a 7.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Diego Scotti sold 3,838 shares of the firm'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 of the company's stock, valued at $1,174,279.68. This represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold 15,102 shares of company stock worth $1,046,607 in the last quarter. 0.08% of the stock is owned by corporate insiders.

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.