Truvestments Capital LLC Purchases 9,791 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Truvestments Capital LLC significantly increased its stake in PayPal Holdings, acquiring an additional 9,791 shares, bringing its total holdings to 18,632 shares valued at approximately $1.2 million.
• PayPal reported earnings of $1.40 per share for the recent quarter, exceeding analysts' expectations, alongside a revenue of $8.29 billion, which also surpassed estimates.
• The stock is currently rated as a "Hold" by analysts, with various firms setting target prices between $79.00 and $96.00, reflecting mixed sentiments regarding PayPal's future performance.

Truvestments Capital LLC boosted its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 110.7% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 18,632 shares of the credit services provider's stock after acquiring an additional 9,791 shares during the period. Truvestments Capital LLC's holdings in PayPal were worth $1,216,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CreativeOne Wealth LLC raised its stake in PayPal by 1.5% in the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider's stock valued at $613,000 after acquiring an additional 142 shares during the period. Redwood Investment Management LLC grew its holdings in PayPal by 21.8% during the 1st quarter. Redwood Investment Management LLC now owns 20,650 shares of the credit services provider's stock valued at $1,347,000 after buying an additional 3,702 shares in the last quarter. Gamco Investors INC. ET AL grew its holdings in PayPal by 14.2% during the 1st quarter. Gamco Investors INC. ET AL now owns 11,195 shares of the credit services provider's stock valued at $746,000 after buying an additional 1,392 shares in the last quarter. Epoch Investment Partners Inc. purchased a new position in PayPal during the 1st quarter valued at about $46,103,000. Finally, Schwerin Boyle Capital Management Inc. grew its holdings in PayPal by 19.1% during the 1st quarter. Schwerin Boyle Capital Management Inc. now owns 93,383 shares of the credit services provider's stock valued at $6,093,000 after buying an additional 14,959 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors.

PayPal Stock Performance

Shares of NASDAQ PYPL opened at $70.18 on Wednesday. The stock has a market cap of $67.05 billion, a price-to-earnings ratio of 15.00, a P/E/G ratio of 1.07 and a beta of 1.42. 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 1-year low of $55.85 and a 1-year high of $93.66. The stock's 50-day moving average is $72.00 and its 200 day moving average is $70.14.

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 for the quarter, beating analysts' consensus estimates of $1.30 by $0.10. The company 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 posted $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. On average, sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Insider Transactions at PayPal

In related news, insider Suzan Kereere sold 4,162 shares of the firm's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $73.24, for a total transaction of $304,824.88. Following the transaction, the insider directly owned 48,483 shares of the company's stock, valued at approximately $3,550,894.92. This trade represents a 7.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Deborah M. Messemer sold 3,795 shares of the firm's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $73.00, for a total value of $277,035.00. Following the transaction, the director owned 13,976 shares in the company, valued at approximately $1,020,248. The trade was a 21.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 26,898 shares of company stock valued at $1,909,636. 0.08% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

PYPL has been the subject of a number of recent analyst reports. Canaccord Genuity Group reaffirmed a "buy" rating and set a $96.00 target price on shares of PayPal in a report on Wednesday, July 30th. Seaport Res Ptn raised PayPal from a "strong sell" rating to a "hold" rating in a report on Monday, July 14th. Citigroup reaffirmed a "buy" rating on shares of PayPal in a report on Tuesday, July 29th. Robert W. Baird lifted their price target on PayPal from $78.00 to $79.00 and gave the company an "outperform" rating in a research report on Wednesday, April 30th. Finally, Morgan Stanley reiterated a "positive" rating on shares of PayPal in a research report on Wednesday, July 30th. Seventeen research 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. According to MarketBeat, the company currently has an average rating of "Hold" and an average 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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