Clear Creek Financial Management LLC grew its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 12.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,265 shares of the credit services provider’s stock after buying an additional 778 shares during the quarter. Clear Creek Financial Management LLC’s holdings in PayPal were worth $540,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently made changes to their positions in the company. Gordian Capital Singapore Pte Ltd grew its holdings in shares of PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after buying an additional 138 shares during the last quarter. GSB Wealth Management LLC boosted its holdings in PayPal by 1.7% in the second quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after purchasing an additional 140 shares during the last quarter. CreativeOne Wealth LLC boosted its holdings in PayPal by 1.5% in the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock worth $613,000 after purchasing an additional 142 shares during the last quarter. Pitti Group Wealth Management LLC boosted its holdings in PayPal by 1.5% in the second quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock worth $761,000 after purchasing an additional 147 shares during the last quarter. Finally, MONECO Advisors LLC boosted its holdings in PayPal by 0.8% in the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock worth $1,334,000 after purchasing an additional 154 shares during the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.
Analyst Upgrades and Downgrades
PYPL has been the topic of several research reports. Morgan Stanley restated a “positive” rating on shares of PayPal in a report on Wednesday, July 30th. JMP Securities dropped their target price on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a report on Wednesday, July 30th. Wall Street Zen cut shares of PayPal from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. BMO Capital Markets restated a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. Finally, Citigroup restated a “buy” rating on shares of PayPal in a report on Tuesday, July 29th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, PayPal presently has a consensus rating of “Hold” and a consensus target price of $84.66.
Insider Activity
In other news, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total transaction of $288,801.18. Following the sale, the insider directly owned 48,483 shares in the company, valued at $3,364,235.37. This trade represents a 7.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction on Thursday, July 31st. The shares were 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 in the company, valued at $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,102 shares of company stock worth $1,046,607 in the last three months. Company insiders own 0.08% of the company’s stock.
PayPal Stock Down 7.7%
PYPL opened at $69.90 on Friday. 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 Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The company has a market capitalization of $66.78 billion, a PE ratio of 14.94, a PEG ratio of 1.17 and a beta of 1.44. The firm’s 50 day simple moving average is $68.92 and its two-hundred day simple moving average is $69.42.
PayPal (NASDAQ:PYPL – Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same period last 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 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.
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