PayPal Holdings, Inc. $PYPL Holdings Decreased by Price T Rowe Associates Inc. MD

Key Points

• Price T Rowe Associates Inc. MD has reduced its stake in PayPal by 6.4%, now holding approximately $114.66 million worth of stock as of its latest SEC filing.
• Insider trading activity included the sale of 26,898 shares by corporate insiders over the past ninety days, highlighting a potential shift in sentiment.
• As of the latest reports, analysts maintain a consensus rating of "Hold" on PayPal, with an average price target of $85.00 per share.

Price T Rowe Associates Inc. MD cut its stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 6.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,757,244 shares of the credit services provider's stock after selling 121,083 shares during the period. Price T Rowe Associates Inc. MD owned 0.18% of PayPal worth $114,661,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Security National Bank of SO Dak grew its position in shares of PayPal by 1.1% during the fourth quarter. Security National Bank of SO Dak now owns 12,191 shares of the credit services provider's stock worth $1,041,000 after acquiring an additional 137 shares during the last quarter. Redwood Financial Network Corp grew its position in shares of PayPal by 4.8% during the fourth quarter. Redwood Financial Network Corp now owns 3,208 shares of the credit services provider's stock worth $274,000 after acquiring an additional 147 shares during the last quarter. MONECO Advisors LLC grew its position in shares of PayPal by 0.8% during the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider's stock worth $1,334,000 after acquiring an additional 154 shares during the last quarter. DMC Group LLC grew its position in shares of PayPal by 2.0% during the first quarter. DMC Group LLC now owns 7,948 shares of the credit services provider's stock worth $519,000 after acquiring an additional 155 shares during the last quarter. Finally, Bryn Mawr Capital Management LLC grew its position in shares of PayPal by 4.5% during the first quarter. Bryn Mawr Capital Management LLC now owns 3,590 shares of the credit services provider's stock worth $234,000 after acquiring an additional 155 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at PayPal

In related news, Director Deborah M. Messemer sold 3,795 shares of the business's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $73.00, for a total transaction of $277,035.00. Following the transaction, the director directly owned 13,976 shares of the company's stock, valued at approximately $1,020,248. The trade was a 21.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Chris Natali sold 7,102 shares of the business'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. Over the last quarter, insiders sold 26,898 shares of company stock valued at $1,909,636. 0.08% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Macquarie restated an "outperform" rating and set a $95.00 target price on shares of PayPal in a research report on Wednesday, July 30th. JMP Securities decreased their price target on PayPal from $110.00 to $100.00 and set a "market outperform" rating for the company in a report on Wednesday, July 30th. BMO Capital Markets reaffirmed a "market perform" rating on shares of PayPal in a report on Tuesday, July 29th. Barclays reaffirmed an "overweight" rating on shares of PayPal in a report on Tuesday, July 29th. Finally, Seaport Res Ptn raised PayPal from a "strong sell" rating to a "hold" rating in a report on Monday, July 14th. 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 company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $85.00.

PayPal Trading Up 1.0%

PYPL traded up $0.70 during midday trading on Tuesday, hitting $70.18. The company's stock had a trading volume of 9,462,295 shares, compared to its average volume of 12,555,538. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The firm has a market cap of $67.05 billion, a P/E ratio of 15.00, a PEG ratio of 1.07 and a beta of 1.42. The firm has a 50-day moving average price of $72.00 and a two-hundred day moving average price of $70.14. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66.

PayPal (NASDAQ:PYPL - Get Free Report) last posted 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. The company had revenue of $8.29 billion during the quarter, compared to analysts' expectations 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 business earned $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, research analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

About PayPal

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.