Rise Advisors LLC Sells 39,079 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Rise Advisors LLC drastically reduced its stake in PayPal Holdings, Inc. by 98.4%, selling 39,079 shares and ending up with only 646 shares valued at $42,000.
• Multiple institutional investors, including Mpwm Advisory Solutions LLC and Bernard Wealth Management Corp., have recently increased their positions in PayPal, showing interest despite others selling off.
• Analysts are cautiously optimistic, with a consensus rating of "Hold" and an average price target of $85.00, following upgrades from some ratings like Seaport Res Ptn.

Rise Advisors LLC cut its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 98.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 646 shares of the credit services provider's stock after selling 39,079 shares during the period. Rise Advisors LLC's holdings in PayPal were worth $42,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC bought a new position in PayPal during the fourth quarter valued at approximately $25,000. Bernard Wealth Management Corp. bought a new stake in shares of PayPal in the 4th quarter valued at approximately $34,000. Pinney & Scofield Inc. bought a new stake in shares of PayPal in the 4th quarter valued at approximately $35,000. Evermay Wealth Management LLC lifted its stake in shares of PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock valued at $27,000 after purchasing an additional 363 shares during the last quarter. Finally, Garde Capital Inc. bought a new stake in shares of PayPal in the 1st quarter valued at approximately $28,000. 68.32% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Seaport Res Ptn raised PayPal from a "strong sell" rating to a "hold" rating in a research note on Monday, July 14th. Wall Street Zen raised PayPal from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Morgan Stanley reaffirmed a "positive" rating on shares of PayPal in a research note on Wednesday, July 30th. Barclays reaffirmed an "overweight" rating on shares of PayPal in a research note on Tuesday, July 29th. Finally, Citigroup reaffirmed a "buy" rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen investment 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. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $85.00.

Insiders Place Their Bets

In other PayPal news, CAO Chris Natali sold 7,102 shares of the firm's stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the firm's 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 transaction, the executive vice president owned 16,989 shares in the company, valued at $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,102 shares of company stock worth $1,046,607 in the last ninety days. 0.08% of the stock is owned by company insiders.

PayPal Trading Down 0.3%

Shares of NASDAQ PYPL opened at $68.26 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. The business's 50 day moving average price is $71.66 and its 200-day moving average price is $69.70. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The company has a market cap of $65.21 billion, a price-to-earnings ratio of 14.59, a PEG ratio of 1.05 and a beta of 1.43.

PayPal (NASDAQ:PYPL - Get Free Report) last issued 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 firm had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period in the prior year, the business 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, sell-side analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

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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