Wall Street Zen cut shares of PayPal (NASDAQ:PYPL – Free Report) from a buy rating to a hold rating in a research note released on Saturday.
A number of other equities research analysts also recently weighed in on the company. 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. Morgan Stanley reissued a “positive” rating on shares of PayPal in a report on Wednesday, July 30th. Macquarie restated an “outperform” rating and set a $95.00 target price on shares of PayPal in a research report on Wednesday, July 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of PayPal in a research report on Saturday, September 27th. Finally, Barclays reissued an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $84.50.
Read Our Latest Stock Report on PYPL
PayPal Trading Up 2.9%
PayPal (NASDAQ:PYPL – Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, beating the consensus estimate of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The business had revenue of $8.29 billion for the quarter, compared to analysts’ expectations of $8.08 billion. During the same period in the prior year, the firm 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, equities analysts anticipate that PayPal will post 5.03 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the business’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the completion of 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 three months, insiders sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On PayPal
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC increased its position in shares of PayPal by 15.2% in the fourth quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock valued at $596,000 after acquiring an additional 924 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in shares of PayPal during the 4th quarter worth approximately $248,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of PayPal by 44.5% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,475 shares of the credit services provider’s stock worth $161,000 after purchasing an additional 762 shares in the last quarter. Vest Financial LLC boosted its holdings in shares of PayPal by 69.5% in the 1st quarter. Vest Financial LLC now owns 11,469 shares of the credit services provider’s stock valued at $748,000 after buying an additional 4,703 shares during the last quarter. Finally, Stablepoint Partners LLC grew its stake in shares of PayPal by 3.8% in the first quarter. Stablepoint Partners LLC now owns 18,560 shares of the credit services provider’s stock valued at $1,211,000 after buying an additional 671 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors and hedge funds.
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.
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