Nordea Investment Management AB Acquires 270,297 Shares of PayPal Holdings, Inc. $PYPL

Nordea Investment Management AB grew its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 7.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 3,979,403 shares of the credit services provider’s stock after buying an additional 270,297 shares during the quarter. Nordea Investment Management AB’s holdings in PayPal were worth $295,192,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of 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 purchasing an additional 276,339 shares in the last quarter. Deutsche Bank AG grew its position 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 worth $733,294,000 after buying an additional 1,798,330 shares during the last quarter. Invesco Ltd. grew its position in shares of PayPal by 14.9% in the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after buying an additional 1,232,155 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of PayPal by 44.6% in the 1st 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. Finally, Nuveen LLC purchased a new position in shares of PayPal in the 1st quarter worth approximately $529,264,000. Institutional investors own 68.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on PYPL shares. Morgan Stanley reaffirmed a “positive” rating on shares of PayPal in a research report on Wednesday, July 30th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $88.00 price objective on shares of PayPal in a research report on Thursday, June 26th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $96.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Barclays reaffirmed an “overweight” rating on shares of PayPal in a research report on Tuesday, July 29th. Finally, The Goldman Sachs Group set a $70.00 price objective on shares of PayPal and gave the stock a “sell” rating in a research report on Monday. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, PayPal currently has a consensus rating of “Hold” and an average target price of $83.50.

PayPal Stock Down 2.8%

NASDAQ:PYPL opened at $66.05 on Friday. The company has a market cap of $63.10 billion, a PE ratio of 14.11, a P/E/G ratio of 1.05 and a beta of 1.44. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The company’s 50 day moving average is $68.90 and its two-hundred day moving average is $69.44.

PayPal (NASDAQ:PYPL) last released its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.10. The company had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same quarter in the previous year, the firm 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. Analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Insider Activity

In other news, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.12, for a total value of $265,282.56. Following the sale, the executive vice president directly owned 16,989 shares of the company’s stock, valued at $1,174,279.68. This represents a 18.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Chris Natali sold 7,102 shares of the company’s stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The disclosure for this sale can be found here. Insiders have sold 15,102 shares of company stock valued at $1,046,607 in the last ninety days. Insiders own 0.08% of the company’s stock.

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.