LMG Wealth Partners LLC Buys 1,501 Shares of PayPal Holdings, Inc. $PYPL

LMG Wealth Partners LLC lifted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 7.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 21,356 shares of the credit services provider’s stock after purchasing an additional 1,501 shares during the period. LMG Wealth Partners LLC’s holdings in PayPal were worth $1,587,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in PYPL. Nuveen LLC bought a new stake in shares of PayPal during the first quarter worth $529,264,000. Goldman Sachs Group Inc. grew its holdings in shares of PayPal by 44.6% during the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock worth $558,499,000 after purchasing an additional 2,638,815 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after purchasing an additional 1,798,330 shares during the last quarter. Invesco Ltd. grew its holdings in shares of PayPal by 14.9% during the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after purchasing an additional 1,232,155 shares during the last quarter. Finally, Jupiter Asset Management Ltd. grew its holdings in shares of PayPal by 301.7% during the first quarter. Jupiter Asset Management Ltd. now owns 1,156,955 shares of the credit services provider’s stock worth $75,491,000 after purchasing an additional 868,953 shares during the last quarter. Institutional investors own 68.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. The Goldman Sachs Group set a $70.00 price target on PayPal and gave the company a “sell” rating in a research note on Monday, October 13th. Citigroup restated a “buy” rating on shares of PayPal in a research report on Tuesday, July 29th. Wall Street Zen downgraded shares of PayPal from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Royal Bank Of Canada restated an “outperform” rating and set a $88.00 target price on shares of PayPal in a research report on Thursday, June 26th. Finally, Piper Sandler set a $74.00 target price on shares of PayPal in a research report on Tuesday, July 29th. Sixteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, PayPal currently has a consensus rating of “Hold” and an average price target of $83.44.

PayPal Price Performance

Shares of PYPL opened at $67.41 on Monday. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The stock has a market cap of $64.40 billion, a P/E ratio of 14.40, a price-to-earnings-growth ratio of 1.04 and a beta of 1.44. The stock’s 50-day moving average price is $68.89 and its two-hundred day moving average price is $69.52.

PayPal (NASDAQ:PYPL) last issued its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.10. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The firm had revenue of $8.29 billion for the quarter, compared to analysts’ expectations of $8.08 billion. During the same quarter last year, the business 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. On average, equities analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Insiders Place Their Bets

In other news, CAO Chris Natali sold 7,102 shares of the firm’s stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the sale, the insider directly owned 48,483 shares in the company, valued at approximately $3,364,235.37. This represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,102 shares of company stock worth $1,046,607. Insiders own 0.08% of the company’s stock.

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.