VIRGINIA RETIREMENT SYSTEMS ET Al Invests $25.28 Million in PayPal Holdings, Inc. $PYPL

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in PayPal Holdings, Inc. (NASDAQ:PYPL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 340,100 shares of the credit services provider’s stock, valued at approximately $25,276,000.

A number of other institutional investors have also made changes to their positions in PYPL. Evermay Wealth Management LLC raised its stake in shares of PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 363 shares in the last quarter. Hilltop National Bank bought a new position in shares of PayPal in the 2nd quarter valued at about $27,000. Garde Capital Inc. bought a new position in shares of PayPal in the 1st quarter valued at about $28,000. Tsfg LLC increased its stake in shares of PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock worth $29,000 after purchasing an additional 200 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd raised its holdings in shares of PayPal by 41.2% in 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 during the period. Institutional investors own 68.32% of the company’s stock.

Wall Street Analyst Weigh In

PYPL has been the subject of a number of research analyst reports. Citigroup reiterated a “buy” rating on shares of PayPal in a report on Tuesday, July 29th. Wall Street Zen lowered PayPal from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Barclays restated an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. The Goldman Sachs Group set a $70.00 price objective on shares of PayPal and gave the stock a “sell” rating in a research report on Monday, October 13th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $88.00 price objective on shares of PayPal in a research report on Thursday, June 26th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $83.44.

Insider Transactions at PayPal

In related news, EVP Diego Scotti sold 3,838 shares of the stock in a transaction that occurred 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 sale, the executive vice president owned 16,989 shares of the company’s stock, valued at $1,174,279.68. This represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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. Over the last ninety days, insiders have sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is currently owned by company insiders.

PayPal Stock Performance

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

PayPal (NASDAQ:PYPL) last announced its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The company had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. During the same quarter in the previous 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, equities analysts forecast 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.