New Wave Wealth Advisors LLC Purchases 635 Shares of PayPal Holdings, Inc. $PYPL

New Wave Wealth Advisors LLC grew its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 17.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 4,360 shares of the credit services provider’s stock after acquiring an additional 635 shares during the quarter. New Wave Wealth Advisors LLC’s holdings in PayPal were worth $324,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Newman Dignan & Sheerar Inc. lifted its position in PayPal by 23.2% in the second quarter. Newman Dignan & Sheerar Inc. now owns 6,560 shares of the credit services provider’s stock worth $488,000 after buying an additional 1,235 shares during the last quarter. Madrona Financial Services LLC bought a new stake in PayPal in the second quarter worth $211,000. SOA Wealth Advisors LLC. lifted its position in PayPal by 41.3% in the second quarter. SOA Wealth Advisors LLC. now owns 1,348 shares of the credit services provider’s stock worth $100,000 after buying an additional 394 shares during the last quarter. First Pacific Financial lifted its position in PayPal by 938.6% in the second quarter. First Pacific Financial now owns 1,506 shares of the credit services provider’s stock worth $112,000 after buying an additional 1,361 shares during the last quarter. Finally, Trilogy Capital Inc. bought a new stake in PayPal in the second quarter worth $219,000. 68.32% of the stock is currently owned by institutional investors.

PayPal Stock Down 0.6%

PayPal stock opened at $66.66 on Thursday. The stock has a market capitalization of $63.69 billion, a PE ratio of 14.24, a price-to-earnings-growth ratio of 1.03 and a beta of 1.44. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The business has a 50 day simple moving average of $69.03 and a 200-day simple moving average of $69.31. 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:PYPL) last posted its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.10. The business had revenue of $8.29 billion during the quarter, compared to analysts’ expectations 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 business earned $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 anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Suzan Kereere sold 4,162 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the completion of the sale, the insider directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Chris Natali sold 7,102 shares of the business’s stock in a transaction that occurred 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. Over the last ninety days, insiders sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

PYPL has been the subject of a number of analyst reports. Wall Street Zen upgraded PayPal from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Deutsche Bank Aktiengesellschaft set a $75.00 price target on PayPal in a research report on Tuesday, July 29th. Citigroup reiterated a “buy” rating on shares of PayPal in a research note on Tuesday, July 29th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $88.00 target price on shares of PayPal in a research note on Thursday, June 26th. Finally, JMP Securities reduced their target price 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. Seventeen 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. Based on data from MarketBeat, PayPal has an average rating of “Hold” and a consensus price target of $84.50.

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.