PayPal Holdings, Inc. (NASDAQ:PYPL - Get Free Report) was the recipient of unusually large options trading on Thursday. Stock traders purchased 110,163 call options on the company. Thisisanincreaseof44% compared to the average volume of 76,381 call options.
Insider Transactions at PayPal
In related 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 document filed with the SEC, which is available through this hyperlink. Also, EVP Diego Scotti sold 3,839 shares of PayPal stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $73.24, for a total value of $281,168.36. Following the transaction, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,244,274.36. The trade was a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 26,898 shares of company stock valued at $1,909,636 in the last three months. 0.08% of the stock is currently owned by insiders.
Institutional Investors Weigh In On PayPal
Several institutional investors and hedge funds have recently added to or reduced their stakes in PYPL. Norges Bank acquired a new stake in PayPal in the 2nd quarter worth approximately $921,570,000. Nuveen LLC acquired a new position in shares of PayPal during the first quarter worth approximately $529,264,000. Goldman Sachs Group Inc. lifted its holdings in shares of PayPal by 44.6% during the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider's stock worth $558,499,000 after buying an additional 2,638,815 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of PayPal by 124.1% during the first quarter. Assenagon Asset Management S.A. now owns 3,497,415 shares of the credit services provider's stock valued at $228,206,000 after purchasing an additional 1,936,520 shares during the period. Finally, Lazard Asset Management LLC increased its position in shares of PayPal by 1,066.0% during the second quarter. Lazard Asset Management LLC now owns 2,106,215 shares of the credit services provider's stock valued at $156,532,000 after purchasing an additional 1,925,583 shares during the period. 68.32% of the stock is currently owned by institutional investors and hedge funds.
PayPal Stock Down 2.2%
NASDAQ:PYPL traded down $1.55 on Thursday, hitting $68.09. 8,839,903 shares of the company's stock traded hands, compared to its average volume of 11,034,049. 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 has a 1 year low of $55.85 and a 1 year high of $93.66. The firm has a 50-day moving average price of $71.86 and a 200-day moving average price of $69.89. The company has a market cap of $65.05 billion, a PE ratio of 14.54, a price-to-earnings-growth ratio of 1.08 and a beta of 1.43.
PayPal (NASDAQ:PYPL - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period in the previous year, the company earned $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. Equities analysts anticipate that PayPal will post 5.03 EPS for the current fiscal year.
Analyst Ratings Changes
A number of brokerages recently weighed in on PYPL. Piper Sandler set a $74.00 price target on PayPal in a research note on Tuesday, July 29th. Wall Street Zen raised PayPal from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. JMP Securities dropped their price target on PayPal from $110.00 to $100.00 and set a "market outperform" rating on the stock in a research note on Wednesday, July 30th. Seaport Res Ptn raised PayPal from a "strong sell" rating to a "hold" rating in a research note on Monday, July 14th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 price target on PayPal in a research note on Tuesday, July 29th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, PayPal currently has a consensus rating of "Hold" and a consensus price target of $85.00.
Check Out Our Latest Report on PayPal
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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