EPG Wealth Management LLC Has $1.14 Million Stake in PayPal Holdings, Inc. $PYPL

EPG Wealth Management LLC grew its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 43.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,322 shares of the credit services provider’s stock after acquiring an additional 4,635 shares during the quarter. EPG Wealth Management LLC’s holdings in PayPal were worth $1,139,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of PayPal by 0.3% in the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock valued at $5,625,976,000 after buying an additional 276,339 shares during the period. Deutsche Bank AG increased its stake in shares of PayPal by 19.1% in the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after buying an additional 1,798,330 shares during the period. Invesco Ltd. increased its stake in shares of PayPal by 14.9% in the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock valued at $620,924,000 after buying an additional 1,232,155 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of PayPal by 44.6% in the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after buying an additional 2,638,815 shares during the period. Finally, Nuveen LLC acquired a new position in shares of PayPal in the first quarter valued at approximately $529,264,000. Institutional investors and hedge funds own 68.32% of the company’s stock.

Analyst Ratings Changes

PYPL has been the subject of several recent research reports. Barclays reaffirmed an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. 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 research note on Wednesday, July 30th. Jefferies Financial Group upped their price objective on PayPal from $70.00 to $75.00 and gave the company a “hold” rating in a research note on Wednesday, October 29th. Mizuho set a $84.00 target price on PayPal in a report on Thursday. Finally, UBS Group upped their target price on PayPal from $75.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $83.00.

Insiders Place Their Bets

In other PayPal news, CAO Chris Natali sold 1,374 shares of the stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $69.13, for a total transaction of $94,984.62. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Suzan Kereere sold 5,000 shares of the stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $69.52, for a total value of $347,600.00. Following the transaction, the insider owned 43,483 shares in the company, valued at $3,022,938.16. The trade was a 10.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 14,374 shares of company stock worth $996,093. Corporate insiders own 0.08% of the company’s stock.

PayPal Stock Performance

Shares of PYPL stock opened at $69.27 on Monday. The business’s 50 day simple moving average is $69.06 and its 200 day simple moving average is $70.22. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The stock has a market capitalization of $64.81 billion, a PE ratio of 13.88, a PEG ratio of 1.02 and a beta of 1.45. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. The firm had revenue of $8.42 billion for the quarter, compared to analysts’ expectations of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. As a group, research analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Wednesday, November 19th.

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.