PayPal Holdings, Inc. $PYPL Shares Bought by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp boosted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 13.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,010 shares of the credit services provider’s stock after buying an additional 8,321 shares during the period. OMERS ADMINISTRATION Corp’s holdings in PayPal were worth $4,438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in PYPL. Nuveen LLC acquired a new position in PayPal during the 1st quarter valued at about $529,264,000. Goldman Sachs Group Inc. increased its holdings 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 purchasing an additional 2,638,815 shares during the period. Assenagon Asset Management S.A. increased its holdings in shares of PayPal by 124.1% in the first quarter. Assenagon Asset Management S.A. now owns 3,497,415 shares of the credit services provider’s stock valued at $228,206,000 after purchasing an additional 1,936,520 shares during the period. Deutsche Bank AG increased its holdings 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 purchasing an additional 1,798,330 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of PayPal in the fourth quarter valued at about $140,164,000. 68.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on PYPL shares. Macquarie reissued an “outperform” rating and issued a $95.00 price objective on shares of PayPal in a report on Wednesday, July 30th. Citigroup reissued a “buy” rating on shares of PayPal in a report on Tuesday, July 29th. Barclays reissued an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. Wall Street Zen raised PayPal from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $96.00 price objective on shares of PayPal in a report on Wednesday, July 30th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $85.00.

Insiders Place Their Bets

In other PayPal news, Director Deborah M. Messemer sold 3,795 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $73.00, for a total transaction of $277,035.00. Following the transaction, the director owned 13,976 shares in the company, valued at approximately $1,020,248. This represents a 21.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Diego Scotti sold 3,839 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $73.24, for a total value of $281,168.36. Following the transaction, the executive vice president owned 16,989 shares in the company, valued at $1,244,274.36. This represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 26,898 shares of company stock worth $1,909,636. Company insiders own 0.08% of the company’s stock.

PayPal Stock Up 0.6%

Shares of PYPL opened at $70.06 on Friday. 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. The company has a market capitalization of $66.93 billion, a price-to-earnings ratio of 14.97, a PEG ratio of 1.08 and a beta of 1.42. The stock’s 50-day moving average price is $72.05 and its 200-day moving average price is $70.08.

PayPal (NASDAQ:PYPL) last issued its quarterly 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. 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 quarter in the prior year, the business posted $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, sell-side analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

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.