Mutual Advisors LLC Has $520,000 Stock Holdings in PayPal Holdings, Inc. $PYPL

Mutual Advisors LLC cut its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 12.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 6,665 shares of the credit services provider’s stock after selling 919 shares during the quarter. Mutual Advisors LLC’s holdings in PayPal were worth $520,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PYPL. Gordian Capital Singapore Pte Ltd increased its stake in shares of PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 138 shares during the last quarter. GSB Wealth Management LLC increased its stake in shares of PayPal by 1.7% in the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock valued at $606,000 after purchasing an additional 140 shares during the last quarter. CreativeOne Wealth LLC increased its stake in shares of PayPal by 1.5% in the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock valued at $613,000 after purchasing an additional 142 shares during the last quarter. Pitti Group Wealth Management LLC increased its stake in shares of PayPal by 1.5% in the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock valued at $761,000 after purchasing an additional 147 shares during the last quarter. Finally, MONECO Advisors LLC increased its stake in shares of PayPal by 0.8% in the 1st quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock valued at $1,334,000 after purchasing an additional 154 shares during the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at PayPal

In other PayPal news, insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the sale, the insider owned 48,483 shares in the company, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.12, for a total value of $265,282.56. Following the completion of the sale, the executive vice president owned 16,989 shares in the company, valued at $1,174,279.68. This trade represents a 18.43% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,102 shares of company stock worth $1,046,607. Insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on PYPL. BMO Capital Markets reiterated a “market perform” rating on shares of PayPal in a research note on Tuesday, July 29th. Wall Street Zen lowered PayPal from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. Macquarie restated an “outperform” rating and set a $95.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. JMP Securities reduced their price objective on PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a research report on Wednesday, July 30th. Finally, Rothschild & Co Redburn boosted their price objective on PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 16th. Sixteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $83.44.

PayPal Trading Up 2.1%

Shares of PYPL stock opened at $67.41 on Monday. The stock’s fifty day simple moving average is $68.89 and its 200 day simple moving average is $69.52. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66. The firm has a market capitalization of $64.40 billion, a P/E ratio of 14.40, a P/E/G ratio of 1.04 and a beta of 1.44. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL) last released its quarterly earnings results 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. 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 quarter in the previous year, the company posted $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. As a group, sell-side analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal 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.