Koss Olinger Consulting LLC Sells 1,019 Shares of PayPal Holdings, Inc. $PYPL

Koss Olinger Consulting LLC trimmed its stake in PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 1.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,242 shares of the credit services provider’s stock after selling 1,019 shares during the period. Koss Olinger Consulting LLC’s holdings in PayPal were worth $4,626,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Gordian Capital Singapore Pte Ltd lifted its stake in shares of PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 138 shares during the last quarter. GSB Wealth Management LLC raised its holdings in shares of PayPal by 1.7% in the second quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after buying an additional 140 shares during the period. CreativeOne Wealth LLC raised its holdings in shares of PayPal by 1.5% in the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock worth $613,000 after buying an additional 142 shares during the period. Pitti Group Wealth Management LLC raised its holdings in shares of PayPal by 1.5% in the second quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock worth $761,000 after buying an additional 147 shares during the period. Finally, MONECO Advisors LLC raised its holdings in shares of PayPal by 0.8% in the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock worth $1,334,000 after buying an additional 154 shares during the period. 68.32% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction 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 transaction, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is currently owned by company insiders.

Analyst Ratings Changes

PYPL has been the topic of several recent analyst reports. BMO Capital Markets reiterated a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. JMP Securities reduced their price target on PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a report on Wednesday, July 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of PayPal in a report on Saturday. Seaport Res Ptn upgraded PayPal from a “strong sell” rating to a “hold” rating in a report on Monday, July 14th. Finally, Citigroup upgraded PayPal to a “hold” rating in a report on Thursday. Fifteen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $82.46.

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PayPal Trading Up 0.2%

PYPL opened at $69.77 on Monday. The stock’s fifty day moving average is $68.94 and its two-hundred day moving average is $69.88. The company has a market capitalization of $66.66 billion, a P/E ratio of 14.91, a PEG ratio of 1.08 and a beta of 1.44. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPLGet Free Report) last released its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.30 by $0.10. The company had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period 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. Analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal 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

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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