PayPal Holdings, Inc. $PYPL Shares Bought by MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH boosted its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 13.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 168,439 shares of the credit services provider’s stock after purchasing an additional 20,560 shares during the quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH’s holdings in PayPal were worth $12,518,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Evermay Wealth Management LLC raised its holdings in PayPal by 726.0% in the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $27,000 after acquiring an additional 363 shares in the last quarter. Garde Capital Inc. bought a new position in PayPal in the 1st quarter valued at about $28,000. Tsfg LLC grew its position in PayPal by 81.6% in the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock valued at $29,000 after buying an additional 200 shares in the last quarter. Gordian Capital Singapore Pte Ltd boosted its position in shares of PayPal by 41.2% during 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 in the last quarter. Finally, Crewe Advisors LLC boosted its position in shares of PayPal by 1,461.8% during the 1st quarter. Crewe Advisors LLC now owns 531 shares of the credit services provider’s stock valued at $35,000 after purchasing an additional 497 shares in the last quarter. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

PYPL has been the subject of a number of analyst reports. Rothschild & Co Redburn upped their price objective on shares of PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, September 16th. Canaccord Genuity Group reissued a “buy” rating and issued a $96.00 price target on shares of PayPal in a research report on Wednesday, July 30th. Macquarie reaffirmed an “outperform” rating and set a $95.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a research report on Tuesday, July 29th. Finally, Citigroup reaffirmed a “buy” rating on shares of PayPal in a research report on Tuesday, July 29th. Seventeen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $84.50.

Insider Buying and Selling

In other PayPal 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 transaction of $265,282.56. Following the completion of the transaction, the executive vice president directly owned 16,989 shares of the company’s stock, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 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. Insiders sold a total of 15,102 shares of company stock valued at $1,046,607 over the last ninety days. 0.08% of the stock is owned by company insiders.

PayPal Trading Up 0.8%

Shares of PayPal stock opened at $67.86 on Thursday. The company has a market cap of $64.83 billion, a price-to-earnings ratio of 14.50, a PEG ratio of 1.04 and a beta of 1.43. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The company’s fifty day simple moving average is $69.79 and its 200-day simple moving average is $69.33. 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 (NASDAQ:PYPL) last issued its earnings results 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 firm 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 period 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. As a group, sell-side analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current 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.