PayPal Holdings, Inc. $PYPL Shares Sold by Advisors Capital Management LLC

Advisors Capital Management LLC lowered its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 9.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,864 shares of the credit services provider’s stock after selling 682 shares during the quarter. Advisors Capital Management LLC’s holdings in PayPal were worth $448,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PYPL. WBI Investments LLC grew its position in shares of PayPal by 9.5% during the first quarter. WBI Investments LLC now owns 27,735 shares of the credit services provider’s stock worth $1,810,000 after acquiring an additional 2,404 shares during the last quarter. McAdam LLC purchased a new position in shares of PayPal during the first quarter worth approximately $227,000. Integrity Alliance LLC. purchased a new position in shares of PayPal during the first quarter worth approximately $1,704,000. Glenview Trust co grew its position in shares of PayPal by 16.3% during the first quarter. Glenview Trust co now owns 202,409 shares of the credit services provider’s stock worth $13,207,000 after acquiring an additional 28,432 shares during the last quarter. Finally, Security National Bank of Sioux City Iowa IA grew its position in shares of PayPal by 10.6% during the first quarter. Security National Bank of Sioux City Iowa IA now owns 19,602 shares of the credit services provider’s stock worth $1,279,000 after acquiring an additional 1,883 shares during the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

PayPal Trading Down 0.6%

NASDAQ:PYPL opened at $66.89 on Friday. The company has a market capitalization of $63.91 billion, a PE ratio of 14.29, a price-to-earnings-growth ratio of 1.04 and a beta of 1.43. 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 52-week low of $55.85 and a 52-week high of $93.66. The stock has a fifty day simple moving average of $70.81 and a 200-day simple moving average of $69.43.

PayPal (NASDAQ:PYPL) last released its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same quarter in the previous 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. On average, equities research analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Activity at PayPal

In related news, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.12, for a total value of $265,282.56. Following the completion of the transaction, the executive vice president owned 16,989 shares of the company’s stock, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction dated 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. In the last quarter, insiders sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. BMO Capital Markets restated a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. 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 report on Monday, June 2nd. They issued a “sell” rating and a $68.00 price objective on the stock. JMP Securities lowered their price objective on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a research report on Wednesday, July 30th. Finally, Piper Sandler set a $74.00 price objective on shares of PayPal in a research report on Tuesday, July 29th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $85.00.

About PayPal

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.