Public Employees Retirement System of Ohio Sells 16,752 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• The Public Employees Retirement System of Ohio reduced its stake in PayPal Holdings by 3.9%, selling 16,752 shares and bringing its total holdings to 407,956 shares worth approximately $30.3 million.
• Several institutional investors, including Vanguard Group and Goldman Sachs, have increased their positions in PayPal, highlighting strong interest among large stakeholders.
• PayPal reported a surge in earnings with an EPS of $1.40 for the last quarter, exceeding expectations, and set guidance for Q3 2025 at 1.180-1.220 EPS, indicating optimism for future growth.

Public Employees Retirement System of Ohio lowered its stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 3.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 407,956 shares of the credit services provider's stock after selling 16,752 shares during the period. Public Employees Retirement System of Ohio's holdings in PayPal were worth $30,319,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of PYPL. Vanguard Group Inc. lifted its position in PayPal by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider's stock valued at $5,625,976,000 after acquiring an additional 276,339 shares in the last quarter. Deutsche Bank AG raised its holdings in shares of PayPal by 19.1% in the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock valued at $733,294,000 after purchasing an additional 1,798,330 shares during the period. Invesco Ltd. raised its holdings in shares of PayPal by 14.9% in the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider's stock valued at $620,924,000 after purchasing an additional 1,232,155 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of PayPal by 44.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider's stock valued at $558,499,000 after purchasing an additional 2,638,815 shares during the period. Finally, Nuveen LLC acquired a new position in PayPal in the 1st quarter valued at about $529,264,000. Institutional investors and hedge funds own 68.32% of the company's stock.

Insider Transactions at PayPal

In other news, CAO Chris Natali sold 7,102 shares of the business's stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the business's 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 sale, the insider owned 48,483 shares of the company's stock, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is currently owned by insiders.

PayPal Price Performance

Shares of NASDAQ:PYPL opened at $67.86 on Thursday. The company has a 50 day moving average of $69.79 and a 200 day moving average of $69.33. The stock has a market cap of $64.83 billion, a P/E ratio of 14.50, a P/E/G ratio of 1.04 and a beta of 1.43. 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.

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, 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 net margin of 14.49% and a return on equity of 25.35%. During the same quarter in the previous year, the company earned $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. As a group, sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

PYPL has been the topic of a number of analyst reports. Royal Bank Of Canada restated an "outperform" rating and set a $88.00 target price on shares of PayPal in a research report on Thursday, June 26th. Barclays reissued an "overweight" rating on shares of PayPal in a research note on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of PayPal in a research note on Tuesday, July 29th. Rothschild & Co Redburn increased their price objective on shares of PayPal from $66.00 to $70.00 and gave the stock a "neutral" rating in a research report on Tuesday, September 16th. Finally, JMP Securities reduced their price target on shares of PayPal from $110.00 to $100.00 and set a "market outperform" rating for the company in a report on Wednesday, July 30th. Seventeen equities research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $84.50.

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.

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