Vident Advisory LLC Purchases 14,887 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Vident Advisory LLC increased its stake in PayPal Holdings, Inc. by 65.7% in the first quarter, holding $2.45 million worth of shares, reflecting a growing interest from institutional investors.
• PayPal's EPS rose to $1.40, exceeding analysts' expectations of $1.30, and the company reported a revenue of $8.29 billion for the last quarter.
• Seventeen analysts have assigned a Buy rating to PayPal's stock, with a consensus price target of $85.00, while two analysts have issued a Sell rating.

Vident Advisory LLC grew its stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 65.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,545 shares of the credit services provider's stock after buying an additional 14,887 shares during the period. Vident Advisory LLC's holdings in PayPal were worth $2,450,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PYPL. Allianz SE increased its position in PayPal by 281.8% during the 1st quarter. Allianz SE now owns 30,338 shares of the credit services provider's stock valued at $1,980,000 after purchasing an additional 22,392 shares during the period. J. Goldman & Co LP boosted its stake in shares of PayPal by 11.9% in the 4th quarter. J. Goldman & Co LP now owns 261,322 shares of the credit services provider's stock valued at $22,304,000 after purchasing an additional 27,812 shares during the last quarter. Nuveen LLC acquired a new stake in shares of PayPal during the first quarter worth $529,264,000. Proffitt & Goodson Inc. bought a new position in PayPal during the first quarter worth $535,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in PayPal by 17.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,634,664 shares of the credit services provider's stock worth $651,619,000 after buying an additional 1,114,858 shares during the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.

PayPal Stock Down 1.3%

Shares of PYPL traded down $0.94 during trading hours on Tuesday, reaching $69.25. The stock had a trading volume of 10,459,642 shares, compared to its average volume of 11,029,203. The firm has a 50-day simple moving average of $72.02 and a 200 day simple moving average of $69.90. 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. The company has a market capitalization of $66.16 billion, a price-to-earnings ratio of 14.80, a P/E/G ratio of 1.08 and a beta of 1.43.

PayPal (NASDAQ:PYPL - Get Free Report) last released its quarterly earnings data 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 net margin of 14.49% and a return on equity of 25.35%. The firm had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. During the same quarter in the prior year, the company 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. Equities research analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Buying and Selling at PayPal

In other PayPal news, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction dated Thursday, July 31st. The stock was 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 is available at the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the business's stock in a transaction that occurred 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 of the company's stock, valued at $3,364,235.37. This represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 26,898 shares of company stock worth $1,909,636. 0.08% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have commented on PYPL. Truist Financial assumed coverage on shares of PayPal in a research report on Monday, June 2nd. They set a "sell" rating and a $68.00 price target on the stock. BMO Capital Markets reissued a "market perform" rating on shares of PayPal in a research note on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft set a $75.00 target price on PayPal in a research note on Tuesday, July 29th. Canaccord Genuity Group reissued a "buy" rating and issued a $96.00 price target on shares of PayPal in a research note on Wednesday, July 30th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $88.00 price target on shares of PayPal in a report on Thursday, June 26th. 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's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target 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.