Strs Ohio Buys Shares of 323,980 PayPal Holdings, Inc. $PYPL

Key Points

• Strs Ohio purchased a new stake in PayPal Holdings, Inc. by acquiring 323,980 shares, valued at approximately $21.14 million, according to its latest SEC filing.
• PayPal's stock saw insider selling in July, with CAO Chris Natali selling 7,102 shares for over $492,000, highlighting ongoing changes in insider ownership.
• PayPal reported its latest earnings, with $1.40 earnings per share, exceeding analysts' expectations and showing a twelve-month high of $93.66 for its stock price.

Strs Ohio bought a new stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 323,980 shares of the credit services provider's stock, valued at approximately $21,140,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC acquired a new stake in PayPal in the fourth quarter valued at approximately $25,000. Evermay Wealth Management LLC boosted 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 valued at $27,000 after buying an additional 363 shares in the last quarter. Garde Capital Inc. acquired a new stake in PayPal in the first quarter valued at approximately $28,000. Tsfg LLC boosted its position in PayPal by 81.6% in the first quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock valued at $29,000 after buying an additional 200 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd boosted its position in 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. Institutional investors and hedge funds own 68.32% of the company's stock.

Insider Buying and Selling

In related news, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Diego Scotti sold 3,838 shares of PayPal 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 directly owned 16,989 shares of the company's stock, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,102 shares of company stock valued at $1,046,607 over the last quarter. Insiders own 0.08% of the company's stock.

PayPal Price Performance

Shares of NASDAQ PYPL opened at $66.89 on Friday. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66. The firm has a fifty day simple moving average of $70.81 and a 200 day simple moving average of $69.45. The company has a market capitalization of $63.91 billion, a PE ratio of 14.29, a P/E/G ratio of 1.04 and a beta of 1.43. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $8.08 billion. During the same quarter last year, the firm earned $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 forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on PYPL. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $88.00 price target on shares of PayPal in a research note on Thursday, June 26th. Canaccord Genuity Group reaffirmed a "buy" rating and set a $96.00 price target 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. Piper Sandler set a $74.00 price target on shares of PayPal in a research note on Tuesday, July 29th. Finally, BMO Capital Markets reaffirmed a "market perform" rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen equities research 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 presently has an average rating of "Hold" and an average price target of $85.00.

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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