Winmill & CO. Inc. purchased a new position in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 74,000 shares of the credit services provider’s stock, valued at approximately $5,500,000. PayPal makes up 1.5% of Winmill & CO. Inc.’s holdings, making the stock its 26th biggest position.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Evermay Wealth Management LLC grew 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 purchasing an additional 363 shares in the last quarter. Hilltop National Bank purchased a new stake in shares of PayPal during the second quarter worth about $27,000. Tsfg LLC grew 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 purchasing an additional 200 shares in the last quarter. Gordian Capital Singapore Pte Ltd grew 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 purchasing an additional 138 shares in the last quarter. Finally, Cornerstone Planning Group LLC grew its position 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 worth $42,000 after purchasing an additional 196 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on PYPL shares. Barclays reiterated an “overweight” rating on shares of PayPal in a research report on Tuesday, July 29th. Wells Fargo & Company upgraded PayPal to a “hold” rating in a research report on Wednesday, October 22nd. Macquarie reiterated an “outperform” rating and set a $95.00 target price on shares of PayPal in a research report on Wednesday, July 30th. Seaport Res Ptn upgraded PayPal from a “strong sell” rating to a “hold” rating in a research report on Monday, July 14th. Finally, KeyCorp restated a “hold” rating on shares of PayPal in a report on Wednesday, October 22nd. Fifteen equities research 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. Based on data from MarketBeat.com, PayPal has a consensus rating of “Hold” and a consensus price target of $82.46.
PayPal Stock Performance
NASDAQ PYPL opened at $69.77 on Monday. The stock has a market capitalization of $66.66 billion, a PE ratio of 14.91, a P/E/G ratio of 1.08 and a beta of 1.44. The business has a 50 day simple moving average of $68.94 and a two-hundred day simple moving average of $69.88. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66.
PayPal (NASDAQ:PYPL – Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.10. The business 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 last year, the business 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, research analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.
Insider Transactions at PayPal
In other news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction that occurred on Thursday, July 31st. The stock was 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 in the company, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 owned 48,483 shares of the company’s stock, valued at approximately $3,364,235.37. This trade represents a 7.91% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is currently owned by company insiders.
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.
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