Easterly Investment Partners LLC Takes Position in PayPal Holdings, Inc. $PYPL

Easterly Investment Partners LLC purchased a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,500 shares of the credit services provider’s stock, valued at approximately $929,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. AQR Capital Management LLC boosted its holdings in PayPal by 15.8% during the 1st quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider’s stock worth $224,001,000 after acquiring an additional 476,763 shares during the last quarter. Thompson Investment Management Inc. lifted its position in shares of PayPal by 2.8% during the second quarter. Thompson Investment Management Inc. now owns 154,991 shares of the credit services provider’s stock valued at $11,519,000 after purchasing an additional 4,165 shares in the last quarter. Kathmere Capital Management LLC purchased a new position in PayPal during the second quarter worth about $325,000. Allianz SE grew its position in PayPal by 281.8% in the 1st quarter. Allianz SE now owns 30,338 shares of the credit services provider’s stock worth $1,980,000 after purchasing an additional 22,392 shares in the last quarter. Finally, Nuveen LLC bought a new stake in PayPal in the 1st quarter worth about $529,264,000. 68.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on PYPL shares. Wall Street Zen cut shares of PayPal from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. The Goldman Sachs Group set a $70.00 price target on PayPal and gave the company a “sell” rating in a research report on Monday. Weiss Ratings reiterated a “hold (c)” rating on shares of PayPal in a report on Wednesday, October 8th. Macquarie restated an “outperform” rating and issued a $95.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. Finally, Barclays reaffirmed an “overweight” rating on shares of PayPal in a research report on Tuesday, July 29th. Sixteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $83.44.

Insider Buying and Selling at PayPal

In related news, CAO Chris Natali sold 7,102 shares of the company’s stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the firm’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 transaction, the insider directly owned 48,483 shares of the company’s stock, valued at approximately $3,364,235.37. This trade represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,102 shares of company stock valued at $1,046,607 over the last three months. 0.08% of the stock is currently owned by insiders.

PayPal Price Performance

Shares of NASDAQ PYPL opened at $67.41 on Friday. 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 stock has a fifty day simple moving average of $68.89 and a two-hundred day simple moving average of $69.45. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The firm has a market cap of $64.40 billion, a price-to-earnings ratio of 14.40, a price-to-earnings-growth ratio of 1.02 and a beta of 1.44.

PayPal (NASDAQ:PYPL) last issued its 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. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The firm had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. During the same period in the previous year, the company posted $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. Analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal 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.