Guggenheim Capital LLC Lowers Stock Position in PayPal Holdings, Inc. $PYPL

Guggenheim Capital LLC lowered its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 25.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 209,052 shares of the credit services provider’s stock after selling 70,394 shares during the quarter. Guggenheim Capital LLC’s holdings in PayPal were worth $13,641,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC acquired a new stake in PayPal in the fourth quarter valued at approximately $25,000. Bernard Wealth Management Corp. purchased a new stake in shares of PayPal in the 4th quarter valued at about $34,000. Pinney & Scofield Inc. purchased a new stake in PayPal during the 4th quarter valued at approximately $35,000. Evermay Wealth Management LLC raised its stake in shares of PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after buying an additional 363 shares in the last quarter. Finally, Garde Capital Inc. acquired a new stake in shares of PayPal in the 1st quarter worth approximately $28,000. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at PayPal

In related news, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Diego Scotti sold 3,839 shares of PayPal stock in a transaction on Friday, June 6th. The shares were sold at an average price of $73.24, for a total value of $281,168.36. Following the completion of the sale, the executive vice president directly owned 16,989 shares of the company’s stock, valued at approximately $1,244,274.36. This represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 26,898 shares of company stock worth $1,909,636 in the last 90 days. Insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

PYPL has been the topic of a number of analyst reports. Robert W. Baird lifted their target price on PayPal from $78.00 to $79.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 30th. Truist Financial initiated coverage on shares of PayPal in a report on Monday, June 2nd. They set a “sell” rating and a $68.00 price objective on the stock. Canaccord Genuity Group restated a “buy” rating and issued a $96.00 target price on shares of PayPal in a research report on Wednesday, July 30th. Macquarie reiterated an “outperform” rating and issued a $95.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $85.00.

PayPal Stock Performance

PYPL stock opened at $69.65 on Thursday. The business has a 50-day moving average price of $72.02 and a 200 day moving average price of $70.14. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The company has a market capitalization of $66.54 billion, a P/E ratio of 14.88, a PEG ratio of 1.08 and a beta of 1.42.

PayPal (NASDAQ:PYPL) last issued its 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 firm had revenue of $8.29 billion for 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 firm 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. As a group, equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal 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.