GM Advisory Group LLC Has $508,000 Stock Position in PayPal Holdings, Inc. $PYPL

GM Advisory Group LLC lessened its stake in PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 10.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,789 shares of the credit services provider’s stock after selling 864 shares during the quarter. GM Advisory Group LLC’s holdings in PayPal were worth $508,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Nuveen LLC bought a new stake in shares of PayPal during the 1st quarter worth approximately $529,264,000. Goldman Sachs Group Inc. raised its position in 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 valued at $558,499,000 after purchasing an additional 2,638,815 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in 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 worth $228,206,000 after purchasing an additional 1,936,520 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of PayPal by 19.1% in the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after purchasing an additional 1,798,330 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of PayPal by 19.0% in the 4th quarter. Northern Trust Corp now owns 10,462,251 shares of the credit services provider’s stock valued at $892,953,000 after purchasing an additional 1,669,908 shares in the last quarter. Institutional investors own 68.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Truist Financial initiated coverage on PayPal in a research report on Monday, June 2nd. They set a “sell” rating and a $68.00 price objective for the company. Compass Point started coverage on PayPal in a research note on Wednesday, April 23rd. They set a “sell” rating and a $56.00 target price for the company. UBS Group reduced their price target on shares of PayPal from $88.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 30th. JMP Securities lowered their price objective on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a research report on Wednesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a research note on Tuesday, July 29th. Seventeen equities 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 stock. Based on data from MarketBeat, PayPal currently has a consensus rating of “Hold” and a consensus target price of $85.00.

Get Our Latest Report on PYPL

PayPal Stock Performance

PayPal stock opened at $68.08 on Thursday. The business has a 50 day moving average of $72.23 and a 200-day moving average of $70.52. The company has a market capitalization of $65.04 billion, a P/E ratio of 14.55, a P/E/G ratio of 1.06 and a beta of 1.42. 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.

PayPal (NASDAQ:PYPLGet Free Report) last posted its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS 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 business had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. During the same period last 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. On average, equities research analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Insider Buying and Selling at PayPal

In related news, Director Deborah M. Messemer sold 3,795 shares of the stock in a transaction on Friday, June 6th. The stock was sold at an average price of $73.00, for a total value of $277,035.00. Following the completion of the sale, the director directly owned 13,976 shares in the company, valued at $1,020,248. This represents a 21.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the firm’s stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The disclosure for this sale can be found here. In the last ninety days, insiders sold 26,898 shares of company stock worth $1,909,636. Company insiders own 0.08% of the company’s stock.

PayPal Company Profile

(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.

See Also

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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