Shell Asset Management Co. Grows Holdings in PayPal Holdings, Inc. $PYPL

Key Points

• Shell Asset Management Co. increased its holdings in PayPal Holdings, Inc. by 12.3% during Q2, owning a total of 84,662 shares valued at approximately $6.29 million by the end of the reporting period.
• Overall, institutional investors control 68.32% of PayPal's stock, indicating strong interest from larger investment firms.
• PayPal's recent quarterly earnings surpassed expectations, with an EPS of $1.40, beating the consensus estimate by $0.10 and reporting revenue of $8.29 billion.

Shell Asset Management Co. raised its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 12.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 84,662 shares of the credit services provider's stock after purchasing an additional 9,285 shares during the period. Shell Asset Management Co.'s holdings in PayPal were worth $6,292,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hilltop National Bank acquired a new stake in PayPal in the 2nd quarter valued at $27,000. Evermay Wealth Management LLC grew its position in PayPal by 726.0% in the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock worth $27,000 after acquiring an additional 363 shares during the period. Garde Capital Inc. acquired a new stake in shares of PayPal during the first quarter valued at about $28,000. Tsfg LLC lifted its stake in PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock worth $29,000 after acquiring an additional 200 shares in the last quarter. Finally, 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 worth $31,000 after acquiring an additional 138 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company's stock.

Insider Buying and Selling at PayPal

In related news, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the firm's stock in a transaction dated 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 approximately $1,174,279.68. This trade represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is currently owned by company insiders.

PayPal Stock Performance

Shares of NASDAQ PYPL opened at $71.29 on Tuesday. The company has a market capitalization of $68.11 billion, a P/E ratio of 15.23, a price-to-earnings-growth ratio of 1.07 and a beta of 1.44. The business's 50-day moving average price is $68.54 and its two-hundred day moving average price is $69.31. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. 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 issued its quarterly earnings results 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. The company 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 last 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. Analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on PYPL. Wall Street Zen downgraded PayPal from a "buy" rating to a "hold" rating in a report on Saturday. Rothschild & Co Redburn lifted their price target on shares of PayPal from $66.00 to $70.00 and gave the company a "neutral" rating in a research report on Tuesday, September 16th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on PayPal in a research note on Tuesday, July 29th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of PayPal in a research note on Saturday, September 27th. Finally, Canaccord Genuity Group restated a "buy" rating and issued a $96.00 price target on shares of PayPal in a report on Wednesday, July 30th. Seventeen equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $84.50.

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.

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