PayPal Holdings, Inc. $PYPL Stock Holdings Lowered by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt reduced its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 84.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,928 shares of the credit services provider's stock after selling 42,360 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt's holdings in PayPal were worth $589,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in PYPL. Brighton Jones LLC raised its holdings in PayPal by 15.2% during the 4th quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider's stock worth $596,000 after buying an additional 924 shares during the period. Revolve Wealth Partners LLC acquired a new stake in PayPal during the 4th quarter worth about $248,000. Two Sigma Advisers LP raised its holdings in PayPal by 13.6% during the 4th quarter. Two Sigma Advisers LP now owns 812,900 shares of the credit services provider's stock worth $69,381,000 after buying an additional 97,600 shares during the period. Twinbeech Capital LP acquired a new stake in PayPal during the 4th quarter worth about $7,544,000. Finally, Vident Advisory LLC raised its holdings in PayPal by 16.7% during the 4th quarter. Vident Advisory LLC now owns 22,658 shares of the credit services provider's stock worth $1,934,000 after buying an additional 3,244 shares during the period. 68.32% of the stock is currently owned by institutional investors.

Insider Buying and Selling at PayPal

In other PayPal news, CAO Chris Natali sold 7,102 shares of the stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the transaction, the insider owned 48,483 shares in the company, valued at approximately $3,364,235.37. This trade represents a 7.91% decrease in their position. 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 over the last 90 days. Insiders own 0.08% of the company's stock.

PayPal Trading Down 0.4%

NASDAQ:PYPL opened at $66.85 on Wednesday. The stock's 50 day moving average price is $70.46 and its 200 day moving average price is $69.38. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The company has a market capitalization of $63.87 billion, a P/E ratio of 14.28, a P/E/G ratio of 1.03 and a beta of 1.43. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS 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 the consensus estimate of $8.08 billion. During the same quarter last year, the company 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. On average, research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have issued reports on PYPL. Barclays restated an "overweight" rating on shares of PayPal in a report on Tuesday, July 29th. Canaccord Genuity Group reiterated a "buy" rating and issued a $96.00 target price on shares of PayPal in a report on Wednesday, July 30th. Macquarie reiterated an "outperform" rating and issued a $95.00 target price on shares of PayPal in a report on Wednesday, July 30th. Citigroup reiterated a "buy" rating on shares of PayPal in a report on Tuesday, July 29th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $88.00 target price on shares of PayPal in a report on Thursday, June 26th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $85.00.

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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