Senator Angus S. King Jr. (I-Maine) recently bought shares of PayPal Holdings, Inc. (NASDAQ:PYPL). In a filing disclosed on August 18th, the Senator disclosed that they had bought between $1,001 and $15,000 in PayPal stock on July 21st.
Senator Angus S. King Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Kirby (NYSE:KEX) on 7/21/2025.
- Purchased $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 7/21/2025.
- Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 7/21/2025.
- Purchased $1,001 – $15,000 in shares of Lowe’s Companies (NYSE:LOW) on 7/21/2025.
- Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 7/21/2025.
- Purchased $1,001 – $15,000 in shares of Exxon Mobil (NYSE:XOM) on 7/21/2025.
- Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/21/2025.
- Purchased $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 7/21/2025.
- Purchased $1,001 – $15,000 in shares of Netflix (NASDAQ:NFLX) on 7/21/2025.
- Purchased $1,001 – $15,000 in shares of Quanta Services (NYSE:PWR) on 7/21/2025.
PayPal Stock Down 0.8%
Shares of PYPL opened at $67.55 on Friday. 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 50-day moving average price of $72.09 and a two-hundred day moving average price of $70.37. The stock has a market cap of $64.54 billion, a price-to-earnings ratio of 14.43, a P/E/G ratio of 1.05 and a beta of 1.42. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66.
Institutional Investors Weigh In On PayPal
Several hedge funds and other institutional investors have recently added to or reduced their stakes in PYPL. Security National Bank of SO Dak boosted its position in PayPal by 1.1% during the fourth quarter. Security National Bank of SO Dak now owns 12,191 shares of the credit services provider’s stock valued at $1,041,000 after purchasing an additional 137 shares during the last quarter. Gordian Capital Singapore Pte Ltd increased its position in shares of PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 138 shares during the last quarter. GSB Wealth Management LLC raised its stake in shares of PayPal by 1.7% during the 2nd 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 in the last quarter. CreativeOne Wealth LLC boosted its holdings in shares of PayPal by 1.5% in the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock valued at $613,000 after buying an additional 142 shares during the last quarter. Finally, Redwood Financial Network Corp boosted its holdings in shares of PayPal by 4.8% in the 4th quarter. Redwood Financial Network Corp now owns 3,208 shares of the credit services provider’s stock valued at $274,000 after buying an additional 147 shares during the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.
Analyst Ratings Changes
A number of analysts have weighed in on the company. Morgan Stanley reiterated a “positive” rating on shares of PayPal in a research report on Wednesday, July 30th. Truist Financial began coverage on shares of PayPal in a research note on Monday, June 2nd. They issued a “sell” rating and a $68.00 target price on the stock. Canaccord Genuity Group reiterated a “buy” rating and set a $96.00 target price on shares of PayPal in a research report on Wednesday, July 30th. Seaport Res Ptn raised shares of PayPal from a “strong sell” rating to a “hold” rating in a report on Monday, July 14th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of PayPal in a research note on Tuesday, July 29th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $85.00.
View Our Latest Stock Analysis on PayPal
Insider Activity
In other news, EVP Diego Scotti sold 3,839 shares of the business’s stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $73.24, for a total transaction of $281,168.36. Following the transaction, the executive vice president directly owned 16,989 shares in the company, valued at $1,244,274.36. The trade was a 18.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Chris Natali sold 7,102 shares of the company’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The disclosure for this sale can be found here. Insiders have sold a total of 26,898 shares of company stock valued at $1,909,636 in the last ninety days. Corporate insiders own 0.08% of the company’s stock.
About Senator King
Angus King (independent) is a member of the U.S. Senate from Maine. He assumed office on January 3, 2013. His current term ends on January 3, 2031.
King (independent) ran for re-election to the U.S. Senate to represent Maine. He won in the general election on November 5, 2024.
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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