Quantitative Investment Management LLC Takes $1.88 Million Position in PayPal Holdings, Inc. $PYPL

Key Points

• Quantitative Investment Management LLC has acquired 28,859 shares of PayPal Holdings, Inc. valued at approximately $1.88 million, marking a significant investment during the first quarter.
• PayPal reported $1.40 EPS for the last quarter, exceeding estimates, and revealed a substantial revenue of $8.29 billion, above analyst expectations.
• A variety of investors have increased their stakes in PayPal, with hedge funds currently holding 68.32% of the stock, indicating strong institutional interest.

Quantitative Investment Management LLC bought a new stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 28,859 shares of the credit services provider's stock, valued at approximately $1,883,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Nuveen LLC purchased a new stake in shares of PayPal during the first quarter worth about $529,264,000. Goldman Sachs Group Inc. grew its stake in PayPal by 44.6% during 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 in the last quarter. Assenagon Asset Management S.A. increased its holdings in PayPal by 124.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 3,497,415 shares of the credit services provider's stock worth $228,206,000 after purchasing an additional 1,936,520 shares during the last quarter. Deutsche Bank AG raised its position 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 in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of PayPal by 19.0% during the 4th quarter. Northern Trust Corp now owns 10,462,251 shares of the credit services provider's stock valued at $892,953,000 after buying an additional 1,669,908 shares during the last quarter. Institutional investors and hedge funds own 68.32% of the company's stock.

Insiders Place Their Bets

In other news, EVP Diego Scotti sold 3,838 shares of the stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.12, for a total value of $265,282.56. Following the completion of the transaction, the executive vice president owned 16,989 shares of the company's stock, valued at approximately $1,174,279.68. This represents a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Deborah M. Messemer sold 3,795 shares of PayPal stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $73.00, for a total transaction of $277,035.00. Following the sale, the director owned 13,976 shares in the company, valued at approximately $1,020,248. This represents a 21.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 26,898 shares of company stock worth $1,909,636 over the last 90 days. Insiders own 0.08% of the company's stock.

PayPal Stock Performance

Shares of PYPL traded up $0.70 during midday trading on Tuesday, hitting $70.18. 9,462,295 shares of the stock traded hands, compared to its average volume of 12,555,538. 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 Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The business's 50 day moving average price is $72.00 and its two-hundred day moving average price is $70.14. The firm has a market capitalization of $67.05 billion, a PE ratio of 15.00, a price-to-earnings-growth ratio of 1.07 and a beta of 1.42.

PayPal (NASDAQ:PYPL - Get Free Report) last posted its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.30 by $0.10. The firm had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same period in the previous 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. Equities research analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on PYPL shares. BMO Capital Markets reaffirmed a "market perform" rating on shares of PayPal in a report on Tuesday, July 29th. Morgan Stanley reissued a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Citigroup reaffirmed a "buy" rating on shares of PayPal in a research report on Tuesday, July 29th. Seaport Res Ptn raised PayPal from a "strong sell" rating to a "hold" rating in a report on Monday, July 14th. Finally, JMP Securities reduced their target price on PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a report on Wednesday, July 30th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, PayPal presently has an average rating of "Hold" and an average price target 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.