GW Henssler & Associates Ltd. boosted its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 6.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 219,790 shares of the credit services provider's stock after purchasing an additional 13,514 shares during the quarter. GW Henssler & Associates Ltd.'s holdings in PayPal were worth $16,335,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of PYPL. Hilltop National Bank bought a new stake in shares of PayPal during the 2nd quarter worth about $27,000. Evermay Wealth Management LLC raised its position in shares of PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock worth $27,000 after buying an additional 363 shares in the last quarter. Garde Capital Inc. bought a new stake in shares of PayPal during the 1st quarter worth about $28,000. Tsfg LLC raised its position in shares of PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock worth $29,000 after buying an additional 200 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd raised its position in shares of PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock worth $31,000 after buying an additional 138 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
PYPL has been the topic of a number of recent analyst reports. Morgan Stanley restated a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of PayPal in a research report on Tuesday, July 29th. Weiss Ratings restated a "hold (c)" rating on shares of PayPal in a research report on Wednesday. Seaport Res Ptn upgraded shares of PayPal from a "strong sell" rating to a "hold" rating in a report on Monday, July 14th. Finally, JMP Securities dropped their target price on shares of PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock 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 data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $84.66.
Read Our Latest Research Report on PYPL
PayPal Stock Down 7.7%
NASDAQ PYPL opened at $69.90 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The company's 50 day simple moving average is $68.92 and its 200 day simple moving average is $69.42. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The company has a market capitalization of $66.78 billion, a P/E ratio of 14.94, a PEG ratio of 1.08 and a beta of 1.44.
PayPal (NASDAQ:PYPL - Get Free Report) last released its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same period last year, the firm 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. Equities research analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.
Insider Transactions at PayPal
In other news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.12, for a total value of $265,282.56. Following the transaction, the executive vice president directly owned 16,989 shares of the company's stock, valued at $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Suzan Kereere sold 4,162 shares of PayPal 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 completion of the transaction, the insider directly owned 48,483 shares in the company, valued at approximately $3,364,235.37. This trade represents a 7.91% 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 valued at $1,046,607 over the last ninety days. Corporate insiders own 0.08% of the company's stock.
PayPal Company Profile
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding PYPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report).
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