5,980 Shares in PayPal Holdings, Inc. $PYPL Purchased by Wealth Management Associates Inc.

Key Points

• Wealth Management Associates Inc. purchased 5,980 shares of PayPal Holdings, Inc. valued at approximately $390,000 in the first quarter, adding to the growing interest from institutional investors in the stock.
• PayPal reported earnings of $1.40 per share in its latest quarter, surpassing expectations, with revenue reaching $8.29 billion compared to analyst estimates of $8.08 billion.
• Analyst ratings for PayPal are largely positive, with the stock currently holding an average rating of "Hold" and a price target of $85.00 across various research firms.

Wealth Management Associates Inc. acquired a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,980 shares of the credit services provider's stock, valued at approximately $390,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Security National Bank of SO Dak grew its holdings in PayPal by 1.1% during the fourth quarter. Security National Bank of SO Dak now owns 12,191 shares of the credit services provider's stock valued at $1,041,000 after purchasing an additional 137 shares during the period. Gordian Capital Singapore Pte Ltd grew its holdings in 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 during the period. CreativeOne Wealth LLC grew its holdings in PayPal by 1.5% during the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider's stock valued at $613,000 after purchasing an additional 142 shares during the period. Redwood Financial Network Corp grew its holdings in PayPal by 4.8% during the fourth quarter. Redwood Financial Network Corp now owns 3,208 shares of the credit services provider's stock valued at $274,000 after purchasing an additional 147 shares during the period. Finally, MONECO Advisors LLC grew its holdings in PayPal by 0.8% during the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider's stock valued at $1,334,000 after purchasing an additional 154 shares during the period. 68.32% of the stock is owned by institutional investors.

PayPal Price Performance

NASDAQ PYPL traded down $0.38 during trading hours on Friday, reaching $66.89. 7,495,242 shares of the stock traded hands, compared to its average volume of 8,845,094. The stock has a 50 day simple moving average of $70.81 and a two-hundred day simple moving average of $69.45. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The company has a market cap of $63.91 billion, a price-to-earnings ratio of 14.29, a price-to-earnings-growth ratio of 1.04 and a beta of 1.43.

PayPal (NASDAQ:PYPL - Get Free Report) last released its quarterly earnings results 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 business had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same quarter last year, the business 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. On average, analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have weighed in on PYPL shares. Truist Financial assumed coverage on PayPal in a report on Monday, June 2nd. They set a "sell" rating and a $68.00 price objective for the company. JMP Securities cut their price target on PayPal from $110.00 to $100.00 and set a "market outperform" rating for the company in a report on Wednesday, July 30th. Morgan Stanley reaffirmed a "positive" rating on shares of PayPal in a report on Wednesday, July 30th. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $96.00 price target on shares of PayPal in a report on Wednesday, July 30th. Finally, Wall Street Zen raised PayPal from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, PayPal has an average rating of "Hold" and an average target price of $85.00.

Insider Transactions at PayPal

In other news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the transaction, the insider owned 48,483 shares in the company, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the firm's stock in a transaction dated 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 sale, the executive vice president directly 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,102 shares of company stock worth $1,046,607. Company insiders own 0.08% of the company's stock.

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.