Nabity Jensen Investment Management Inc Sells 498 Shares of PayPal Holdings, Inc. $PYPL

Nabity Jensen Investment Management Inc cut its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 14.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,852 shares of the credit services provider’s stock after selling 498 shares during the period. Nabity Jensen Investment Management Inc’s holdings in PayPal were worth $212,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Trilogy Capital Inc. bought a new stake in PayPal during the 2nd quarter worth approximately $219,000. Bartlett & CO. Wealth Management LLC lifted its holdings in PayPal by 2.5% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 11,651 shares of the credit services provider’s stock worth $866,000 after buying an additional 289 shares in the last quarter. Forza Wealth Management LLC lifted its holdings in PayPal by 27.0% during the 2nd quarter. Forza Wealth Management LLC now owns 5,743 shares of the credit services provider’s stock worth $427,000 after buying an additional 1,221 shares in the last quarter. Generali Investments CEE investicni spolecnost a.s. lifted its holdings in PayPal by 4.7% during the 2nd quarter. Generali Investments CEE investicni spolecnost a.s. now owns 67,290 shares of the credit services provider’s stock worth $5,001,000 after buying an additional 3,000 shares in the last quarter. Finally, First United Bank & Trust lifted its holdings in PayPal by 17.1% during the 2nd quarter. First United Bank & Trust now owns 2,540 shares of the credit services provider’s stock worth $189,000 after buying an additional 370 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

PYPL has been the topic of several research reports. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on PayPal in a report on Tuesday, July 29th. Barclays reaffirmed an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. Piper Sandler set a $74.00 price objective on PayPal in a report on Tuesday, July 29th. Rothschild & Co Redburn upped their price objective on PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a report on Tuesday, September 16th. Finally, Seaport Res Ptn raised PayPal from a “strong sell” rating to a “hold” rating in a research note on Monday, July 14th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $84.50.

Check Out Our Latest Analysis on PayPal

PayPal Price Performance

PYPL stock opened at $67.06 on Wednesday. The stock has a 50-day moving average price of $69.23 and a two-hundred day moving average price of $69.33. The stock has a market cap of $64.07 billion, a PE ratio of 14.33, a price-to-earnings-growth ratio of 1.07 and a beta of 1.43. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66.

PayPal (NASDAQ:PYPLGet Free Report) last released its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.10. The firm had revenue of $8.29 billion during the quarter, compared to analysts’ expectations 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 company 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. Equities analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Insider Activity at PayPal

In related news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction that occurred 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 transaction, the insider directly owned 48,483 shares of the company’s stock, valued at $3,364,235.37. This trade represents a 7.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through 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 transaction of $265,282.56. Following the completion of the transaction, the executive vice president directly owned 16,989 shares in the company, valued at $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,102 shares of company stock valued at $1,046,607 over the last three months. 0.08% of the stock is owned by insiders.

PayPal Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding PYPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PayPal Holdings, Inc. (NASDAQ:PYPLFree Report).

Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

Receive News & Ratings for PayPal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal and related companies with MarketBeat.com's FREE daily email newsletter.