Principle Wealth Partners LLC Acquires 6,900 Shares of PayPal Holdings, Inc. $PYPL

Principle Wealth Partners LLC raised its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 89.9% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 14,575 shares of the credit services provider's stock after buying an additional 6,900 shares during the period. Principle Wealth Partners LLC's holdings in PayPal were worth $1,083,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Gordian Capital Singapore Pte Ltd boosted its position in PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock valued at $31,000 after buying an additional 138 shares during the last quarter. GSB Wealth Management LLC boosted its position in PayPal by 1.7% in the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider's stock valued at $606,000 after buying an additional 140 shares during the last quarter. CreativeOne Wealth LLC boosted its position in PayPal by 1.5% in the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider's stock valued at $613,000 after buying an additional 142 shares during the last quarter. Pitti Group Wealth Management LLC boosted its position in PayPal by 1.5% in the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider's stock valued at $761,000 after buying an additional 147 shares during the last quarter. Finally, MONECO Advisors LLC boosted its position in PayPal by 0.8% in the 1st quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider's stock valued at $1,334,000 after buying an additional 154 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors.

Insider Buying and Selling at PayPal

In other PayPal news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.12, for a total value of $265,282.56. Following 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the sale, the insider directly owned 48,483 shares in the company, valued at $3,364,235.37. This represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 15,102 shares of company stock valued at $1,046,607 in the last 90 days. 0.08% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

PYPL has been the topic of a number of recent research reports. Rothschild & Co Redburn increased their price objective on PayPal from $66.00 to $70.00 and gave the company a "neutral" rating in a research report on Tuesday, September 16th. KeyCorp reiterated a "hold" rating on shares of PayPal in a research report on Wednesday. Wells Fargo & Company raised PayPal to a "hold" rating in a research note on Wednesday. Piper Sandler set a $74.00 price target on PayPal in a research note on Tuesday, July 29th. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a $88.00 price target on shares of PayPal in a research note on Thursday, June 26th. Fifteen analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $82.57.

PayPal Stock Performance

Shares of PayPal stock opened at $69.66 on Friday. The company has a market capitalization of $66.55 billion, a PE ratio of 14.88, a PEG ratio of 1.05 and a beta of 1.44. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. 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 stock's fifty day simple moving average is $68.93 and its 200 day simple moving average is $69.66.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping 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 business 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 business 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, research analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current 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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