Raymond James Financial Inc. Acquires 26,419 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Raymond James Financial Inc. increased its stake in PayPal Holdings, Inc. by 1.7%, owning approximately 1,614,432 shares valued at $105,341,000 as of the latest quarter.
• PayPal recently reported earnings of $1.40 EPS, surpassing analyst expectations of $1.30 and generating $8.29 billion in revenue.
• Analysts have a mixed outlook on PayPal, with two sell ratings, fourteen hold ratings, and eighteen buy ratings, while the consensus target price is $85.00.

Raymond James Financial Inc. lifted its stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 1.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,614,432 shares of the credit services provider's stock after buying an additional 26,419 shares during the period. Raymond James Financial Inc. owned about 0.17% of PayPal worth $105,341,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of PYPL. Security National Bank of SO Dak lifted its holdings in shares of 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 worth $1,041,000 after acquiring an additional 137 shares during the last quarter. Redwood Financial Network Corp raised 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 raised its holdings 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 purchasing an additional 154 shares during the last quarter. DMC Group LLC raised its holdings in PayPal by 2.0% during the 1st quarter. DMC Group LLC now owns 7,948 shares of the credit services provider's stock worth $519,000 after purchasing an additional 155 shares during the last quarter. Finally, Bryn Mawr Capital Management LLC raised its holdings in PayPal by 4.5% during the 1st quarter. Bryn Mawr Capital Management LLC now owns 3,590 shares of the credit services provider's stock worth $234,000 after purchasing an additional 155 shares during the last quarter. Institutional investors own 68.32% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on PYPL shares. Canaccord Genuity Group reissued a "buy" rating and set a $96.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Barclays restated an "overweight" rating on shares of PayPal in a research note on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on PayPal in a report on Tuesday, July 29th. Macquarie reaffirmed an "outperform" rating and issued a $95.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Finally, Citigroup reissued a "buy" rating on shares of PayPal in a report on Tuesday, July 29th. Seventeen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $85.00.

PayPal Trading Down 0.8%

Shares of PYPL traded down $0.5650 during mid-day trading on Thursday, reaching $67.5150. The company's stock had a trading volume of 4,576,164 shares, compared to its average volume of 11,146,364. The stock has a market cap of $64.50 billion, a PE ratio of 14.42, a P/E/G ratio of 1.06 and a beta of 1.42. 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 Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The company's fifty day moving average price is $72.23 and its two-hundred day moving average price is $70.52.

PayPal (NASDAQ:PYPL - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion during the quarter, compared to the consensus estimate 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 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. On average, analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In other PayPal news, 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 value of $288,801.18. Following the completion of the sale, the insider owned 48,483 shares in the company, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 disclosure for this sale can be found here. In the last 90 days, insiders sold 26,898 shares of company stock worth $1,909,636. Insiders own 0.08% of the company's stock.

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.