PayPal Holdings, Inc. $PYPL Shares Sold by UMB Bank n.a.

Key Points

• UMB Bank n.a. significantly reduced its stake in PayPal Holdings, Inc. by 74% during the 2nd quarter, ending with 14,148 shares valued at approximately $1.05 million.
• Insider transactions included CAO Chris Natali selling over 7,100 shares and EVP Diego Scotti selling nearly 3,800 shares, reflecting a total insider sale of 15,102 shares in the last 90 days.
• Equities analysts have mixed ratings for PayPal, with Rothschild & Co increasing its price target from $66 to $70, while JMP Securities lowered theirs from $110 to $100.

UMB Bank n.a. decreased its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 74.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,148 shares of the credit services provider's stock after selling 40,346 shares during the quarter. UMB Bank n.a.'s holdings in PayPal were worth $1,051,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in PYPL. Evermay Wealth Management LLC raised its holdings in PayPal by 726.0% in the first 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 in the last quarter. Garde Capital Inc. acquired a new stake in PayPal in the first quarter valued at approximately $28,000. Tsfg LLC raised its holdings 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 acquiring an additional 200 shares in the last quarter. Gordian Capital Singapore Pte Ltd raised 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 in the last quarter. Finally, Bernard Wealth Management Corp. acquired a new stake in PayPal in the fourth quarter valued at approximately $34,000. Institutional investors and hedge funds own 68.32% of the company's stock.

Insider Buying and Selling at PayPal

In other PayPal news, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction dated Thursday, July 31st. The shares were 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 owned 16,989 shares of the company's stock, valued at $1,174,279.68. This trade 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 90 days. 0.08% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on PYPL shares. Rothschild & Co Redburn increased their price target on shares of PayPal from $66.00 to $70.00 and gave the company a "neutral" rating in a research note on Tuesday, September 16th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of PayPal in a research note on Tuesday, July 29th. JMP Securities dropped their price target on shares of PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a research note on Wednesday, July 30th. Citigroup reiterated a "buy" rating on shares of PayPal in a research note on Tuesday, July 29th. Finally, Wall Street Zen upgraded shares of PayPal from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. 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 company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $84.50.

PayPal Trading Down 0.4%

NASDAQ:PYPL opened at $68.22 on Monday. The company has a market capitalization of $65.18 billion, a PE ratio of 14.58, a price-to-earnings-growth ratio of 1.05 and a beta of 1.43. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66. The stock has a fifty day simple moving average of $70.13 and a 200-day simple moving average of $69.38.

PayPal (NASDAQ:PYPL - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.10. The business 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 quarter in the previous 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 expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

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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