PayPal (NASDAQ:PYPL) Stock Unloaded Sen. Tommy Tuberville

Senator Tommy Tuberville (R-Alabama) recently sold shares of PayPal Holdings, Inc. NASDAQ: PYPL. In a filing disclosed on May 15th, the Senator disclosed that they had sold between $15,001 and $50,000 in PayPal stock on April 15th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Duke Energy NYSE: DUK on 4/15/2025.
• Sold $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/15/2025.
• Sold $1,001 - $15,000 in shares of Bristol-Myers Squibb NYSE: BMY on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Constellation Brands NYSE: STZ on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 4/15/2025.
• Sold $15,001 - $50,000 in shares of The Goldman Sachs Group NYSE: GS on 4/15/2025.
• Purchased $50,001 - $100,000 in shares of iShares Broad USD Investment Grade Corporate Bond ETF NASDAQ: USIG on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Mastercard NYSE: MA on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Amgen NASDAQ: AMGN on 4/15/2025.

PayPal Trading Down 1.5%

PYPL opened at $71.57 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.26 and a quick ratio of 1.26. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The firm has a market capitalization of $69.60 billion, a PE ratio of 17.85, a P/E/G ratio of 1.27 and a beta of 1.51. The company's 50-day moving average is $65.90 and its 200 day moving average is $77.45.

PayPal (NASDAQ:PYPL - Get Free Report) last posted its earnings results on Tuesday, April 29th. The credit services provider reported $1.33 earnings per share for the quarter, topping analysts' consensus estimates of $1.16 by $0.17. PayPal had a net margin of 13.04% and a return on equity of 23.67%. The company had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.84 billion. During the same quarter in the prior year, the business posted $1.08 EPS. The firm's revenue was up 1.2% compared to the same quarter last year. As a group, research analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of PYPL. Aprio Wealth Management LLC bought a new position in PayPal in the 4th quarter worth approximately $226,000. Wedmont Private Capital lifted its stake in PayPal by 9.1% in the 4th quarter. Wedmont Private Capital now owns 5,972 shares of the credit services provider's stock worth $498,000 after purchasing an additional 498 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in PayPal by 8.6% in the 4th quarter. AdvisorNet Financial Inc now owns 4,760 shares of the credit services provider's stock worth $406,000 after purchasing an additional 377 shares in the last quarter. FNY Investment Advisers LLC lifted its stake in PayPal by 443.5% in the 4th quarter. FNY Investment Advisers LLC now owns 625 shares of the credit services provider's stock worth $53,000 after purchasing an additional 510 shares in the last quarter. Finally, Marcum Wealth LLC lifted its stake in PayPal by 12.0% in the 4th quarter. Marcum Wealth LLC now owns 4,077 shares of the credit services provider's stock worth $348,000 after purchasing an additional 438 shares in the last quarter. 68.32% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other PayPal news, Director Gail J. Mcgovern sold 2,446 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $72.15, for a total value of $176,478.90. Following the sale, the director now directly owns 29,734 shares in the company, valued at $2,145,308.10. This represents a 7.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.14% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on PYPL. Robert W. Baird upped their target price on shares of PayPal from $78.00 to $79.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Wells Fargo & Company lowered their target price on shares of PayPal from $80.00 to $74.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Piper Sandler reduced their price objective on shares of PayPal from $76.00 to $70.00 and set a "neutral" rating for the company in a research report on Tuesday, April 29th. BTIG Research reaffirmed a "neutral" rating on shares of PayPal in a research report on Tuesday, February 4th. Finally, Barclays reduced their price objective on shares of PayPal from $110.00 to $80.00 and set an "overweight" rating for the company in a research report on Tuesday, April 15th. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, PayPal currently has a consensus rating of "Moderate Buy" and a consensus price target of $83.68.

About Senator Tuberville

Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville's career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.

PayPal Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.