PayPal Holdings, Inc. $PYPL Position Lessened by Ardent Capital Management Inc.

Ardent Capital Management Inc. trimmed its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 49.9% during the second quarter, Holdings Channel reports. The fund owned 51,816 shares of the credit services provider’s stock after selling 51,586 shares during the quarter. PayPal accounts for 1.8% of Ardent Capital Management Inc.’s investment portfolio, making the stock its 10th largest holding. Ardent Capital Management Inc.’s holdings in PayPal were worth $3,851,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Evermay Wealth Management LLC increased its position in shares of PayPal by 726.0% during the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after acquiring an additional 363 shares during the last quarter. Hilltop National Bank purchased a new stake in shares of PayPal during the second quarter worth about $27,000. Garde Capital Inc. purchased a new stake in shares of PayPal during the first quarter worth about $28,000. Tsfg LLC increased its position in shares of PayPal by 81.6% during the first quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock worth $29,000 after acquiring an additional 200 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd increased its position in shares of PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 138 shares during the last quarter. 68.32% of the stock is owned by hedge funds and other institutional investors.

PayPal Stock Performance

Shares of PYPL stock opened at $69.20 on Tuesday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. The business has a 50 day moving average of $68.93 and a two-hundred day moving average of $69.59. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The company has a market cap of $66.11 billion, a P/E ratio of 14.79, a PEG ratio of 1.04 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 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 company had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. During the same period in the previous year, the firm 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. As a group, analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on PYPL. Seaport Res Ptn raised PayPal from a “strong sell” rating to a “hold” rating in a report on Monday, July 14th. Rothschild & Co Redburn boosted their price objective on PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, September 16th. Canaccord Genuity Group reissued a “buy” rating and issued a $96.00 price objective on shares of PayPal in a report on Wednesday, July 30th. Wall Street Zen lowered PayPal from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Finally, JMP Securities lowered their price objective on PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a report on Wednesday, July 30th. Sixteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, PayPal currently has an average rating of “Hold” and a consensus price target of $83.44.

Insider Buying and Selling at PayPal

In other PayPal news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the transaction, the insider directly owned 48,483 shares in the company, valued at $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 16,989 shares of the company’s stock, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,102 shares of company stock worth $1,046,607 over the last ninety days. Company insiders own 0.08% of the company’s stock.

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.