PayPal Holdings, Inc. $PYPL Shares Sold by RWA Wealth Partners LLC

Key Points

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RWA Wealth Partners LLC decreased its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 19.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,405 shares of the credit services provider's stock after selling 5,334 shares during the period. RWA Wealth Partners LLC's holdings in PayPal were worth $1,462,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of 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 buying an additional 276,339 shares during the period. Deutsche Bank AG boosted its position in shares of PayPal by 19.1% during the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider's stock worth $733,294,000 after purchasing an additional 1,798,330 shares during the period. Northern Trust Corp boosted its position 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 worth $892,953,000 after purchasing an additional 1,669,908 shares during the period. Invesco Ltd. boosted its position in shares of PayPal by 14.9% during the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider's stock worth $620,924,000 after purchasing an additional 1,232,155 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of 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 worth $558,499,000 after purchasing an additional 2,638,815 shares during the period. Hedge funds and other institutional investors own 68.32% of the company's stock.

Insider Activity

In other news, insider Suzan Kereere sold 4,162 shares of the firm's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the sale, the insider directly owned 48,483 shares in the company, valued at approximately $3,364,235.37. This trade represents a 7.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Diego Scotti sold 3,838 shares of the firm's stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.12, for a total transaction of $265,282.56. Following the completion of the sale, 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 a total of 26,898 shares of company stock valued at $1,909,636 over the last quarter. Company insiders own 0.08% of the company's stock.

PayPal Stock Down 0.8%

Shares of PYPL traded down $0.53 during midday trading on Thursday, reaching $67.55. The stock had a trading volume of 7,025,924 shares, compared to its average volume of 13,079,386. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The company's fifty day simple moving average is $72.09 and its two-hundred day simple moving average is $70.37. The company has a market cap of $64.54 billion, a price-to-earnings ratio of 14.43, a PEG ratio of 1.05 and a beta of 1.42. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick 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 for the quarter, beating analysts' consensus estimates of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The business had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. During the same period last year, the business earned $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 expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on PYPL shares. Macquarie reaffirmed an "outperform" rating and set a $95.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. UBS Group lowered their price objective on shares of PayPal from $88.00 to $75.00 and set a "neutral" rating for the company in a research report on Wednesday, April 30th. Wall Street Zen raised shares of PayPal from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Barclays reiterated an "overweight" rating on shares of PayPal in a report on Tuesday, July 29th. Finally, Morgan Stanley reiterated a "positive" rating on shares of PayPal in a report on Wednesday, July 30th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $85.00.

PayPal 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.