PayPal Holdings, Inc. $PYPL Shares Sold by GFG Capital LLC

Key Points

• GFG Capital LLC reduced its stake in PayPal Holdings, Inc. by 18.1%, selling 7,044 shares during the second quarter, resulting in holdings worth approximately $2.36 million.
• PayPal reported earnings per share (EPS) of $1.40 for the last quarter, surpassing estimates and also achieved a revenue of $8.29 billion, beating analysts' expectations.
• Overall, institutional investors hold 68.32% of PayPal's stock, with various firms increasing their stakes significantly in the past quarter.

GFG Capital LLC lessened its stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 18.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,798 shares of the credit services provider's stock after selling 7,044 shares during the period. GFG Capital LLC's holdings in PayPal were worth $2,363,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in PYPL. Nuveen LLC purchased a new stake in PayPal in the 1st quarter valued at approximately $529,264,000. Goldman Sachs Group Inc. boosted its holdings in PayPal by 44.6% in the 1st 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 in the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of PayPal by 124.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 3,497,415 shares of the credit services provider's stock worth $228,206,000 after acquiring an additional 1,936,520 shares in the last quarter. Deutsche Bank AG boosted its stake in shares of PayPal by 19.1% during the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock worth $733,294,000 after acquiring an additional 1,798,330 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of PayPal by 14.9% during the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider's stock worth $620,924,000 after acquiring an additional 1,232,155 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company's stock.

PayPal Stock Up 2.0%

Shares of NASDAQ PYPL opened at $76.13 on Thursday. The stock has a fifty day moving average price of $68.73 and a 200 day moving average price of $69.39. 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 market cap of $72.73 billion, a P/E ratio of 16.27, a P/E/G ratio of 1.15 and a beta of 1.44. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its 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. The company had revenue of $8.29 billion during 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 period last year, the firm earned $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. Research analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Insider Transactions at PayPal

In other PayPal news, CAO Chris Natali sold 7,102 shares of the firm's stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Suzan Kereere sold 4,162 shares of the firm's stock in a transaction dated 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 directly owned 48,483 shares in the company, valued at $3,364,235.37. This represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 15,102 shares of company stock valued at $1,046,607. Insiders own 0.08% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. BMO Capital Markets reissued a "market perform" rating on shares of PayPal in a research note on Tuesday, July 29th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of PayPal in a research note on Wednesday. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $88.00 target price on shares of PayPal in a research note on Thursday, June 26th. Rothschild & Co Redburn upped their target price on PayPal from $66.00 to $70.00 and gave the company a "neutral" rating in a research note on Tuesday, September 16th. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and issued a $96.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Seventeen investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average 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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