TD Private Client Wealth LLC Lowers Holdings in PayPal Holdings, Inc. $PYPL

Key Points

• TD Private Client Wealth LLC reduced its holdings in PayPal Holdings, Inc. by 37.4% during the second quarter, now owning 11,484 shares valued at approximately $853,000.
• Several hedge funds adjusted their positions in PayPal, with Gordian Capital Singapore increasing its stake by 41.2%, indicating a mix of investor confidence in the stock.
• PayPal's stock recently opened at $67.30 and analysts have given it an average rating of "Hold" with a consensus target price of $84.50.

TD Private Client Wealth LLC trimmed its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 37.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 11,484 shares of the credit services provider's stock after selling 6,851 shares during the period. TD Private Client Wealth LLC's holdings in PayPal were worth $853,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Gordian Capital Singapore Pte Ltd grew 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 worth $31,000 after acquiring an additional 138 shares during the period. GSB Wealth Management LLC grew its position in PayPal by 1.7% in the second quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider's stock worth $606,000 after acquiring an additional 140 shares during the period. CreativeOne Wealth LLC grew its position in PayPal by 1.5% in the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider's stock worth $613,000 after acquiring an additional 142 shares during the period. MONECO Advisors LLC boosted its position in shares of PayPal by 0.8% during the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider's stock worth $1,334,000 after buying an additional 154 shares during the period. Finally, DMC Group LLC boosted its position in shares of PayPal by 2.0% during the first quarter. DMC Group LLC now owns 7,948 shares of the credit services provider's stock worth $519,000 after buying an additional 155 shares during the period. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at PayPal

In other PayPal news, insider Suzan Kereere sold 4,162 shares of the firm's stock in a transaction on Tuesday, August 19th. The stock was 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 $3,364,235.37. This trade represents a 7.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the firm's stock in a transaction on Thursday, July 31st. The shares were 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 have sold a total of 15,102 shares of company stock worth $1,046,607 over the last ninety days. Corporate insiders own 0.08% of the company's stock.

PayPal Stock Up 0.8%

Shares of NASDAQ PYPL opened at $67.30 on Friday. The stock has a market cap of $64.30 billion, a P/E ratio of 14.38, a PEG ratio of 1.03 and a beta of 1.43. 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 Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The business's fifty day simple moving average is $69.51 and its 200-day simple moving average is $69.32.

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 (EPS) 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 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. As a group, equities analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently commented on PYPL shares. Citigroup restated a "buy" rating on shares of PayPal in a research report on Tuesday, July 29th. Morgan Stanley restated a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Barclays restated an "overweight" rating on shares of PayPal in a research report on Tuesday, July 29th. BMO Capital Markets restated a "market perform" rating on shares of PayPal in a research report on Tuesday, July 29th. Finally, Macquarie restated an "outperform" rating and set a $95.00 price target on shares of PayPal in a research report on Wednesday, July 30th. Seventeen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, PayPal presently has an average rating of "Hold" and a consensus target price of $84.50.

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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