D.A. Davidson & CO. Sells 12,537 Shares of PayPal Holdings, Inc. $PYPL

D.A. Davidson & CO. trimmed its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 4.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 266,949 shares of the credit services provider’s stock after selling 12,537 shares during the period. D.A. Davidson & CO.’s holdings in PayPal were worth $19,840,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in PYPL. Evermay Wealth Management LLC grew its position in PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 363 shares in the last quarter. Hilltop National Bank bought a new stake in PayPal in the 2nd quarter worth about $27,000. Tsfg LLC grew its position in PayPal by 81.6% in the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock worth $29,000 after purchasing an additional 200 shares in the last quarter. Gordian Capital Singapore Pte Ltd grew its position in PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 138 shares in the last quarter. Finally, Cornerstone Planning Group LLC boosted its stake in PayPal by 41.7% in the first quarter. Cornerstone Planning Group LLC now owns 666 shares of the credit services provider’s stock valued at $42,000 after acquiring an additional 196 shares during the last quarter. 68.32% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other PayPal news, CAO Chris Natali sold 7,102 shares of the stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Suzan Kereere sold 4,162 shares of the 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 sale, the insider owned 48,483 shares in the company, valued at $3,364,235.37. This represents a 7.91% 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 worth $1,046,607 in the last three months. 0.08% of the stock is currently owned by corporate insiders.

PayPal Stock Performance

Shares of PYPL stock opened at $70.05 on Wednesday. The stock has a market capitalization of $66.92 billion, a P/E ratio of 14.97, a PEG ratio of 1.07 and a beta of 1.44. 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 firm’s 50 day moving average is $68.98 and its 200 day moving average is $69.60. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66.

PayPal (NASDAQ:PYPL) last announced 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. The company had revenue of $8.29 billion for the quarter, compared to analysts’ expectations of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same period in the prior 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. On average, sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Wall Street Analysts Forecast Growth

PYPL has been the subject of a number of research reports. Barclays reissued an “overweight” rating on shares of PayPal in a research report on Tuesday, July 29th. Piper Sandler set a $74.00 target price on shares of PayPal in a research report on Tuesday, July 29th. The Goldman Sachs Group set a $70.00 target price on shares of PayPal and gave the company a “sell” rating in a research report on Monday, October 13th. Morgan Stanley reissued a “positive” rating on shares of PayPal in a research report on Wednesday, July 30th. Finally, Citigroup reissued a “buy” rating on shares of PayPal in a research report on Tuesday, July 29th. Sixteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $83.44.

PayPal Company 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.