Swedbank AB Acquires 201,990 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Swedbank AB increased its holdings in PayPal by 28.4% during Q1, acquiring an additional 201,990 shares, bringing its total to 912,270 shares valued at approximately $59.5 million.
• Insider transactions revealed that executives Diego Scotti and Chris Natali collectively sold over 15,000 shares of PayPal stock worth over $1 million in total.
• PayPal's stock opened at $66.89, reflecting a 0.6% decrease, and analysts maintain a consensus rating of "Hold" with a target price of $85.00.

Swedbank AB raised its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 28.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 912,270 shares of the credit services provider's stock after buying an additional 201,990 shares during the quarter. Swedbank AB owned about 0.09% of PayPal worth $59,526,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Mpwm Advisory Solutions LLC bought a new stake in shares of PayPal during the fourth quarter valued at approximately $25,000. Evermay Wealth Management LLC boosted its position in shares of PayPal by 726.0% during the first 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 in the last quarter. Garde Capital Inc. bought a new stake in shares of PayPal during the first quarter valued at approximately $28,000. Tsfg LLC boosted its position in shares of PayPal by 81.6% during the first quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock valued at $29,000 after purchasing an additional 200 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd boosted its position in shares of PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock valued at $31,000 after purchasing an additional 138 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors.

Insider Transactions at PayPal

In other news, EVP Diego Scotti sold 3,838 shares of the business'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 completion of 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Chris Natali sold 7,102 shares of the business's stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The disclosure for this sale can be found here. Insiders sold 15,102 shares of company stock worth $1,046,607 over the last quarter. 0.08% of the stock is currently owned by insiders.

PayPal Stock Down 0.6%

Shares of NASDAQ:PYPL opened at $66.89 on Friday. The stock has a fifty day simple moving average of $70.81 and a two-hundred day simple moving average of $69.45. The stock has a market capitalization of $63.91 billion, a price-to-earnings ratio of 14.29, a PEG ratio of 1.04 and a beta of 1.43. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL - Get Free Report) last posted 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. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The firm had revenue of $8.29 billion during the quarter, compared to analysts' expectations of $8.08 billion. During the same quarter in the previous year, the business 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, research analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on PYPL. JMP Securities dropped their price target on PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a research report on Wednesday, July 30th. Morgan Stanley restated a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Wall Street Zen upgraded PayPal from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Truist Financial started coverage on PayPal in a research note on Monday, June 2nd. They set a "sell" rating and a $68.00 price objective for the company. Finally, Macquarie reiterated an "outperform" rating and set a $95.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus 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.

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