Representative Julie Johnson (D-Texas) recently sold shares of PayPal Holdings, Inc. NASDAQ: PYPL. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in PayPal stock on April 1st. The trade occurred in the Representative's "MERRILL LYNCH TAX EFFICIENT CORE" account.
Representative Julie Johnson also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 4/30/2025.
- Sold $1,001 - $15,000 in shares of Blackstone NYSE: BX on 4/22/2025.
- Purchased $1,001 - $15,000 in shares of Fidelity National Information Services NYSE: FIS on 4/22/2025.
- Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 4/15/2025.
- Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 4/11/2025.
- Purchased $1,001 - $15,000 in shares of 3M NYSE: MMM on 4/11/2025.
- Sold $1,001 - $15,000 in shares of DT Midstream NYSE: DTM on 4/7/2025.
- Sold $1,001 - $15,000 in shares of Intuitive Surgical NASDAQ: ISRG on 4/7/2025.
- Sold $1,001 - $15,000 in shares of Howmet Aerospace NYSE: HWM on 4/7/2025.
- Sold $1,001 - $15,000 in shares of Carlisle Companies NYSE: CSL on 4/7/2025.
PayPal Trading Up 0.5%
PayPal stock traded up $0.35 during trading hours on Friday, hitting $71.92. The company had a trading volume of 4,212,395 shares, compared to its average volume of 11,222,094. The company has a 50-day moving average price of $65.90 and a two-hundred day moving average price of $77.45. The firm has a market cap of $69.95 billion, a P/E ratio of 17.94, a P/E/G ratio of 1.27 and a beta of 1.51. 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 0.48, a quick ratio of 1.26 and a current ratio of 1.26.
PayPal (NASDAQ:PYPL - Get Free Report) last released its earnings results on Tuesday, April 29th. The credit services provider reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.17. The business had revenue of $7.79 billion for the quarter, compared to the consensus estimate of $7.84 billion. PayPal had a return on equity of 23.67% and a net margin of 13.04%. The business's quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.08 earnings per share. On average, sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on PYPL. JPMorgan Chase & Co. restated an "overweight" rating on shares of PayPal in a research note on Tuesday, February 4th. Wells Fargo & Company reduced their target price on shares of PayPal from $80.00 to $74.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. BMO Capital Markets dropped their price objective on shares of PayPal from $83.00 to $79.00 and set a "market perform" rating on the stock in a research note on Wednesday, April 30th. Monness Crespi & Hardt decreased their price target on shares of PayPal from $120.00 to $90.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of PayPal in a research note on Wednesday, April 30th. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, twenty have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, PayPal presently has an average rating of "Moderate Buy" and an average target price of $83.68.
Check Out Our Latest Analysis on PYPL
Insider Buying and Selling at PayPal
In related news, Director Gail J. Mcgovern sold 2,446 shares of PayPal stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $72.15, for a total transaction of $176,478.90. Following the transaction, the director now owns 29,734 shares of the company's stock, valued at $2,145,308.10. The trade was a 7.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.14% of the company's stock.
Hedge Funds Weigh In On PayPal
Large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in PayPal by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider's stock valued at $5,625,976,000 after acquiring an additional 276,339 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of PayPal by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 21,736,394 shares of the credit services provider's stock valued at $1,849,884,000 after acquiring an additional 271,836 shares in the last quarter. FMR LLC increased its stake in PayPal by 12.9% during the 4th quarter. FMR LLC now owns 18,923,662 shares of the credit services provider's stock worth $1,615,134,000 after acquiring an additional 2,161,582 shares during the period. Capital Research Global Investors lifted its position in shares of PayPal by 108.2% during the 4th quarter. Capital Research Global Investors now owns 17,924,106 shares of the credit services provider's stock worth $1,529,823,000 after buying an additional 9,313,783 shares during the last quarter. Finally, Norges Bank bought a new position in PayPal in the 4th quarter valued at approximately $1,086,508,000. 68.32% of the stock is currently owned by institutional investors and hedge funds.
About Representative Johnson
Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024.
Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.
About PayPal
(
Get Free Report)
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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