PayPal Holdings, Inc. $PYPL Shares Sold by Kingswood Wealth Advisors LLC

Key Points

• Kingswood Wealth Advisors LLC has reduced its stake in PayPal Holdings, Inc. by 65.2%, holding only 4,132 shares worth $307,000 as of the end of the 2nd quarter.
• Several institutional investors have made significant changes to their positions in PayPal, with Farther Finance Advisors LLC increasing their stake by 95.6% and Brighton Jones LLC increasing it by 15.2%.
• PayPal’s shares opened at $69.90, experiencing a 7.7% decline, and the company reported higher-than-expected quarterly earnings of $1.40 per share against an estimate of $1.30.

Kingswood Wealth Advisors LLC reduced its stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 65.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,132 shares of the credit services provider's stock after selling 7,729 shares during the quarter. Kingswood Wealth Advisors LLC's holdings in PayPal were worth $307,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC increased its stake in PayPal by 15.2% during the fourth quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider's stock worth $596,000 after acquiring an additional 924 shares during the last quarter. Revolve Wealth Partners LLC purchased a new position in PayPal in the fourth quarter valued at about $248,000. Farther Finance Advisors LLC boosted its holdings in PayPal by 95.6% in the first quarter. Farther Finance Advisors LLC now owns 15,335 shares of the credit services provider's stock valued at $1,014,000 after purchasing an additional 7,494 shares during the last quarter. Simplicity Wealth LLC purchased a new position in PayPal in the first quarter valued at about $253,000. Finally, Integrated Advisors Network LLC lifted its holdings in PayPal by 39.1% during the 1st quarter. Integrated Advisors Network LLC now owns 9,419 shares of the credit services provider's stock worth $615,000 after buying an additional 2,647 shares during the last quarter. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Suzan Kereere sold 4,162 shares of the 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 sale, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the stock in a transaction that occurred on Thursday, July 31st. The stock was 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 in the company, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,102 shares of company stock worth $1,046,607 in the last three months. Insiders own 0.08% of the company's stock.

PayPal Trading Down 7.7%

Shares of PYPL opened at $69.90 on Friday. 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 capitalization of $66.78 billion, a price-to-earnings ratio of 14.94, a P/E/G ratio of 1.17 and a beta of 1.44. The stock's 50-day moving average price is $68.92 and its 200 day moving average price is $69.42.

PayPal (NASDAQ:PYPL - Get Free Report) last released its quarterly earnings data 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 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 analyst estimates of $8.08 billion. During the same period 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. As a group, research analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Wall Street Analysts Forecast Growth

PYPL has been the topic of a number of research analyst reports. Wall Street Zen downgraded PayPal from a "buy" rating to a "hold" rating in a report on Saturday, October 4th. JMP Securities cut their price target on PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a report on Wednesday, July 30th. Weiss Ratings restated a "hold (c)" rating on shares of PayPal in a research report on Wednesday. Citigroup reiterated a "buy" rating on shares of PayPal in a research report on Tuesday, July 29th. Finally, Morgan Stanley restated a "positive" rating on shares of PayPal in a report on Wednesday, July 30th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, PayPal has an average rating of "Hold" and a consensus price target of $84.66.

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.

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