PayPal Holdings, Inc. $PYPL Shares Sold by Quintet Private Bank Europe S.A.

Quintet Private Bank Europe S.A. decreased its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 9.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 377,509 shares of the credit services provider's stock after selling 38,328 shares during the quarter. PayPal makes up 1.6% of Quintet Private Bank Europe S.A.'s portfolio, making the stock its 19th biggest position. Quintet Private Bank Europe S.A.'s holdings in PayPal were worth $28,056,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of PYPL. Brighton Jones LLC lifted its stake in shares of PayPal by 15.2% in 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 in the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of PayPal in the fourth quarter worth about $248,000. Triumph Capital Management lifted its stake in shares of PayPal by 12.7% in the fourth quarter. Triumph Capital Management now owns 10,595 shares of the credit services provider's stock worth $904,000 after acquiring an additional 1,195 shares in the last quarter. Raiffeisen Bank International AG acquired a new position in shares of PayPal in the fourth quarter worth about $707,000. Finally, Tang Capital Management LLC lifted its stake in shares of PayPal by 41.6% in the fourth quarter. Tang Capital Management LLC now owns 15,714 shares of the credit services provider's stock worth $1,341,000 after acquiring an additional 4,615 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company's stock.

Wall Street Analyst Weigh In

PYPL has been the topic of several research reports. Macquarie restated an "outperform" rating and set a $95.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. Truist Financial initiated coverage on PayPal in a research note on Monday, June 2nd. They set a "sell" rating and a $68.00 price objective on the stock. Piper Sandler set a $74.00 price objective on PayPal in a research note on Tuesday, July 29th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $88.00 target price on shares of PayPal in a report on Thursday, June 26th. Finally, Citigroup reaffirmed a "buy" rating on shares of PayPal in a report on Tuesday, July 29th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $85.00.

PayPal Stock Performance

Shares of PYPL stock opened at $66.89 on Monday. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The firm has a market capitalization of $63.91 billion, a price-to-earnings ratio of 14.29, a price-to-earnings-growth ratio of 1.03 and a beta of 1.43. The business has a 50 day simple moving average of $70.81 and a 200 day simple moving average of $69.42. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (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 business had revenue of $8.29 billion during 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. On average, equities research analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Insider Buying and Selling

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the company's 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 completion of the sale, the executive vice president directly owned 16,989 shares in the company, valued at $1,174,279.68. This represents a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the company's stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The disclosure for this sale can be found here. Insiders sold 15,102 shares of company stock valued at $1,046,607 in the last three months. 0.08% of the stock is currently owned by corporate insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.