PayPal Holdings, Inc. $PYPL Shares Sold by Financiere des Professionnels Fonds d investissement inc.

Key Points

• Financiere des Professionnels Fonds d'investissement inc. reduced its stake in PayPal by 73.6%, holding only 3,388 shares after selling 9,445 shares in the 2nd quarter, valued at approximately $252,000.
• During the same period, other hedge funds made significant adjustments, including Evermay Wealth Management LLC, which increased its holdings in PayPal by 726%.
• PayPal’s stock currently has a market cap of $65.46 billion, and recent earnings reports show a positive trend with an EPS of $1.40, surpassing analysts' expectations.

Financiere des Professionnels Fonds d investissement inc. decreased its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 73.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,388 shares of the credit services provider's stock after selling 9,445 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.'s holdings in PayPal were worth $252,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Evermay Wealth Management LLC raised its holdings in PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock valued at $27,000 after acquiring an additional 363 shares during the last quarter. Garde Capital Inc. acquired a new stake in shares of PayPal during the first quarter worth $28,000. Tsfg LLC increased its stake in PayPal by 81.6% in 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 during the last quarter. Gordian Capital Singapore Pte Ltd lifted its position in PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock worth $31,000 after buying an additional 138 shares during the period. Finally, Bernard Wealth Management Corp. acquired a new stake in PayPal in the 4th quarter worth about $34,000. 68.32% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other PayPal news, insider Suzan Kereere sold 4,162 shares of the company's stock in a transaction dated 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 transaction, the insider directly 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 the SEC website. 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 sale, the executive vice president 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. In the last ninety days, insiders have sold 15,102 shares of company stock valued at $1,046,607. Corporate insiders own 0.08% of the company's stock.

PayPal Stock Down 0.1%

Shares of PayPal stock opened at $68.52 on Friday. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66. The stock has a market cap of $65.46 billion, a price-to-earnings ratio of 14.64, a price-to-earnings-growth ratio of 1.06 and a beta of 1.43. 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 fifty day moving average price of $70.19 and a 200 day moving average price of $69.36.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping analysts' consensus estimates of $1.30 by $0.10. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The company had revenue of $8.29 billion for the quarter, compared to analysts' expectations of $8.08 billion. During the same quarter in the previous year, the firm posted $1.19 earnings per share. 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 forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

PYPL has been the subject of a number of research analyst reports. Wall Street Zen raised shares of PayPal from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Macquarie reaffirmed an "outperform" rating and set a $95.00 price target on shares of PayPal in a research report on Wednesday, July 30th. Seaport Res Ptn raised shares of PayPal from a "strong sell" rating to a "hold" rating in a research note on Monday, July 14th. Canaccord Genuity Group restated a "buy" rating and set a $96.00 price objective on shares of PayPal in a report on Wednesday, July 30th. Finally, Barclays reiterated an "overweight" rating on shares of PayPal in a report on Tuesday, July 29th. Seventeen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $84.50.

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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