PayPal Holdings, Inc. $PYPL Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. trimmed its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 10.3% during the second quarter, Holdings Channel.com reports. The firm owned 7,843 shares of the credit services provider’s stock after selling 903 shares during the quarter. Harbour Investments Inc.’s holdings in PayPal were worth $583,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Evermay Wealth Management LLC grew its holdings in PayPal by 726.0% during the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after acquiring an additional 363 shares during the period. Hilltop National Bank acquired a new position in PayPal during the second quarter worth about $27,000. Garde Capital Inc. acquired a new position in PayPal during the first quarter worth about $28,000. Tsfg LLC grew its holdings in PayPal by 81.6% during the first quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock worth $29,000 after acquiring an additional 200 shares during the period. Finally, Gordian Capital Singapore Pte Ltd grew its holdings in PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 138 shares during the period. 68.32% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other PayPal 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 owned 48,483 shares of the company’s stock, valued at $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on PYPL shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $88.00 target price on shares of PayPal in a report on Thursday, June 26th. Deutsche Bank Aktiengesellschaft set a $75.00 target price on PayPal in a report on Tuesday, July 29th. Rothschild & Co Redburn lifted their target price on PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a report on Tuesday, September 16th. Canaccord Genuity Group reiterated a “buy” rating and issued a $96.00 price target on shares of PayPal in a research report on Wednesday, July 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of PayPal in a research report on Wednesday, October 8th. Sixteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $83.44.

PayPal Trading Up 2.1%

NASDAQ:PYPL opened at $67.41 on Monday. 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 Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The firm has a market capitalization of $64.40 billion, a price-to-earnings ratio of 14.40, a price-to-earnings-growth ratio of 1.04 and a beta of 1.44. The stock has a fifty day simple moving average of $68.89 and a 200 day simple moving average of $69.52.

PayPal (NASDAQ:PYPL) last released its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, beating 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 business had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. During the same quarter last year, the company 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. Sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

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.