Whittier Trust Co. Decreases Stake in PayPal Holdings, Inc. $PYPL

Whittier Trust Co. reduced its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 11.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,562 shares of the credit services provider’s stock after selling 750 shares during the quarter. Whittier Trust Co.’s holdings in PayPal were worth $413,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Evermay Wealth Management LLC increased its stake in 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 bought a new stake in PayPal during the second quarter worth approximately $27,000. Tsfg LLC grew its stake in shares of PayPal by 81.6% during the first quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock valued at $29,000 after buying an additional 200 shares during the last quarter. Gordian Capital Singapore Pte Ltd grew its stake 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 valued at $31,000 after buying an additional 138 shares during the last quarter. Finally, Cornerstone Planning Group LLC grew its stake in shares of PayPal by 41.7% during the first quarter. Cornerstone Planning Group LLC now owns 666 shares of the credit services provider’s stock valued at $42,000 after buying an additional 196 shares during the last quarter. 68.32% of the stock is owned by institutional investors.

Insider Activity

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

PayPal Stock Up 2.3%

PayPal stock opened at $69.66 on Friday. The business has a fifty day moving average of $68.93 and a two-hundred day moving average of $69.66. 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 firm has a market cap of $66.55 billion, a P/E ratio of 14.88, 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.

PayPal (NASDAQ:PYPL) last posted its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.10. The company had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same quarter in the prior 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 forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on PYPL. Seaport Res Ptn raised PayPal from a “strong sell” rating to a “hold” rating in a research note on Monday, July 14th. Barclays reaffirmed an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. JMP Securities dropped their price objective 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. BMO Capital Markets reissued a “market perform” rating on shares of PayPal in a research note on Tuesday, July 29th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $96.00 price objective on shares of PayPal in a research note on Wednesday, July 30th. Fifteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, PayPal currently has an average rating of “Hold” and an average target price of $82.57.

About PayPal

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.