PayPal Holdings, Inc. $PYPL Position Raised by Quarry LP

Key Points

• Quarry LP significantly increased its stake in PayPal Holdings, acquiring an additional 4,150 shares, resulting in a total of 4,752 shares valued at $310,000 by the end of the last quarter.
• PayPal reported earnings of $1.40 per share for the last quarter, exceeding analyst expectations of $1.30, with total revenues of $8.29 billion surpassing estimated $8.08 billion.
• Analysts have set a consensus target price of $85.00 for PayPal, with various firms giving "buy" or "outperform" ratings, showing a favorable outlook for the stock.

Quarry LP lifted its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 689.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,752 shares of the credit services provider's stock after acquiring an additional 4,150 shares during the period. Quarry LP's holdings in PayPal were worth $310,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in PYPL. Security National Bank of SO Dak raised its position in PayPal by 1.1% in the fourth quarter. Security National Bank of SO Dak now owns 12,191 shares of the credit services provider's stock valued at $1,041,000 after purchasing an additional 137 shares during the period. Gordian Capital Singapore Pte Ltd grew its stake in shares of PayPal by 41.2% in the first 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 in the last quarter. CreativeOne Wealth LLC raised its holdings in shares of PayPal by 1.5% during 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 period. Redwood Financial Network Corp raised its holdings in shares of PayPal by 4.8% during the 4th quarter. Redwood Financial Network Corp now owns 3,208 shares of the credit services provider's stock valued at $274,000 after buying an additional 147 shares during the period. Finally, MONECO Advisors LLC lifted its position in PayPal by 0.8% during the 1st 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 in the last quarter. Institutional investors and hedge funds own 68.32% of the company's stock.

PayPal Stock Down 1.3%

Shares of PYPL stock traded down $0.94 during trading hours on Tuesday, hitting $69.25. 10,459,642 shares of the company were exchanged, compared to its average volume of 11,029,203. The stock has a market capitalization of $66.16 billion, a price-to-earnings ratio of 14.80, a P/E/G ratio of 1.08 and a beta of 1.43. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The business's 50-day simple moving average is $72.02 and its two-hundred day simple moving average is $69.90. 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 (NASDAQ:PYPL - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $8.29 billion for the quarter, compared to analysts' expectations of $8.08 billion. During the same quarter in the prior 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. Sell-side analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on PYPL shares. Barclays reaffirmed an "overweight" rating on shares of PayPal in a research report on Tuesday, July 29th. Macquarie reaffirmed an "outperform" rating and set a $95.00 price target on shares of PayPal in a report on Wednesday, July 30th. JMP Securities dropped their price target on shares of PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a research note on Wednesday, July 30th. Piper Sandler set a $74.00 price objective on shares of PayPal in a report on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a research report on Tuesday, July 29th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $85.00.

Insider Buying and Selling at PayPal

In related news, insider Suzan Kereere sold 4,162 shares of the business's stock in a transaction dated Tuesday, August 19th. The shares were 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 $3,364,235.37. This represents a 7.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the firm's stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The disclosure for this sale can be found here. Insiders have sold 26,898 shares of company stock worth $1,909,636 in the last ninety days. 0.08% of the stock is currently owned by company insiders.

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.