Townsend Asset Management Corp NC ADV Has $4.26 Million Position in PayPal Holdings, Inc. $PYPL

Key Points

• Townsend Asset Management Corp NC ADV increased its stake in PayPal Holdings, owning a total of 57,247 shares valued at approximately $4.25 million, making up about 1.5% of its investment portfolio.
• PayPal reported $1.40 earnings per share for the last quarter, exceeding analysts' estimates, with revenue of $8.29 billion and set Q3 2025 guidance between 1.180-1.220 EPS.
• Current institutional investors hold about 68.32% of PayPal's stock, highlighting significant interest from various institutional stakeholders in the company.

Townsend Asset Management Corp NC ADV increased its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 9.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 57,247 shares of the credit services provider's stock after acquiring an additional 5,155 shares during the period. PayPal comprises about 1.5% of Townsend Asset Management Corp NC ADV's investment portfolio, making the stock its 18th biggest position. Townsend Asset Management Corp NC ADV's holdings in PayPal were worth $4,255,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the business. Paragon Capital Management Ltd acquired a new stake in shares of PayPal during the 2nd quarter valued at about $212,000. Rezny Wealth Management Inc. lifted its holdings in PayPal by 17.1% during the 2nd quarter. Rezny Wealth Management Inc. now owns 22,534 shares of the credit services provider's stock valued at $1,675,000 after purchasing an additional 3,294 shares during the last quarter. 1834 Investment Advisors Co. lifted its holdings in PayPal by 22.2% during the 2nd quarter. 1834 Investment Advisors Co. now owns 6,976 shares of the credit services provider's stock valued at $518,000 after purchasing an additional 1,267 shares during the last quarter. Kathmere Capital Management LLC bought a new position in PayPal during the 2nd quarter valued at about $325,000. Finally, Falcon Wealth Planning lifted its holdings in PayPal by 2.5% during the 2nd quarter. Falcon Wealth Planning now owns 6,295 shares of the credit services provider's stock valued at $468,000 after purchasing an additional 156 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors and hedge funds.

PayPal Trading Up 0.8%

Shares of NASDAQ PYPL opened at $67.30 on Friday. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The company has a market cap of $64.30 billion, a PE ratio of 14.38, a P/E/G 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. The company has a 50-day moving average of $69.51 and a two-hundred day moving average of $69.32.

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 company had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. During the same period in the previous year, the firm 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. As a group, equities analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Seaport Res Ptn raised shares of PayPal from a "strong sell" rating to a "hold" rating in a report on Monday, July 14th. JMP Securities cut their price target on shares of PayPal from $110.00 to $100.00 and set a "market outperform" rating for the company in a report on Wednesday, July 30th. Barclays reissued an "overweight" rating on shares of PayPal in a report on Tuesday, July 29th. Piper Sandler set a $74.00 price target on shares of PayPal in a report on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of PayPal in a report on Tuesday, July 29th. Seventeen 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 MarketBeat, the company presently has an average rating of "Hold" and an average target price of $84.50.

Insider Buying and Selling

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 transaction of $492,523.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the business's stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.12, for a total transaction of $265,282.56. Following 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 a total of 15,102 shares of company stock valued at $1,046,607 over the last ninety days. Insiders own 0.08% of the company's stock.

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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