SVB Wealth LLC Sells 5,294 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• SVB Wealth LLC reduced its stake in PayPal Holdings, Inc. by 37.8%, selling 5,294 shares and now holds 8,712 shares worth $568,000.
• Major investors such as APG Asset Management and Groupe la Francaise have made significant adjustments to their positions in PayPal, with Groupe la Francaise increasing its stake by 6,778.7%.
• PayPal's stock recently reported $1.40 EPS for the last quarter, exceeding expectations, and it has a current market capitalization of $66.78 billion.

SVB Wealth LLC trimmed its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 37.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,712 shares of the credit services provider's stock after selling 5,294 shares during the period. SVB Wealth LLC's holdings in PayPal were worth $568,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of PYPL. APG Asset Management N.V. lifted its position in shares of PayPal by 0.3% during the 1st quarter. APG Asset Management N.V. now owns 629,145 shares of the credit services provider's stock valued at $38,004,000 after acquiring an additional 2,064 shares during the period. Rahlfs Capital LLC bought a new stake in PayPal in the first quarter valued at $596,000. Groupe la Francaise increased its stake in PayPal by 6,778.7% in the first quarter. Groupe la Francaise now owns 55,580 shares of the credit services provider's stock valued at $3,826,000 after purchasing an additional 54,772 shares in the last quarter. Phoenix Wealth Advisors raised its holdings in shares of PayPal by 4.1% during the first quarter. Phoenix Wealth Advisors now owns 4,563 shares of the credit services provider's stock valued at $298,000 after purchasing an additional 179 shares during the period. Finally, Sax Wealth Advisors LLC boosted its position in shares of PayPal by 27.6% during the 1st quarter. Sax Wealth Advisors LLC now owns 5,937 shares of the credit services provider's stock worth $387,000 after purchasing an additional 1,285 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on PYPL. Piper Sandler set a $74.00 target price on PayPal in a research report on Tuesday, July 29th. Macquarie restated an "outperform" rating and set a $95.00 price objective on shares of PayPal in a report on Wednesday, July 30th. Needham & Company LLC reaffirmed a "hold" rating on shares of PayPal in a research report on Wednesday, April 30th. UBS Group cut their target price on PayPal from $88.00 to $75.00 and set a "neutral" rating on the stock in a report on Wednesday, April 30th. Finally, Barclays restated an "overweight" 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 issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, PayPal currently has a consensus rating of "Hold" and a consensus target price of $85.00.

Insider Activity

In other PayPal news, Director Deborah M. Messemer sold 3,795 shares of PayPal stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $73.00, for a total transaction of $277,035.00. Following the transaction, the director owned 13,976 shares of the company's stock, valued at $1,020,248. This trade represents a 21.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the company's stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $73.24, for a total value of $304,824.88. Following the completion of the transaction, the insider directly owned 48,483 shares of the company's stock, valued at approximately $3,550,894.92. This represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 26,898 shares of company stock valued at $1,909,636 over the last ninety days. Company insiders own 0.08% of the company's stock.

PayPal Stock Up 3.5%

PYPL stock opened at $69.90 on Friday. The firm has a market capitalization of $66.78 billion, a PE ratio of 14.94, a P/E/G ratio of 1.08 and a beta of 1.42. 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 Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66. The stock's 50 day moving average is $72.07 and its 200-day moving average is $70.26.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion for the quarter, compared to analysts' expectations 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 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. Sell-side analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal 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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