Modern Wealth Management LLC Buys 1,930 Shares of PayPal Holdings, Inc. $PYPL

Modern Wealth Management LLC increased its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 61.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,091 shares of the credit services provider’s stock after purchasing an additional 1,930 shares during the period. Modern Wealth Management LLC’s holdings in PayPal were worth $332,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Gordian Capital Singapore Pte Ltd raised its position in PayPal by 41.2% in 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. CreativeOne Wealth LLC raised its position in PayPal by 1.5% in the 1st 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. MONECO Advisors LLC raised its position in shares of PayPal by 0.8% during the 1st quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock valued at $1,334,000 after acquiring an additional 154 shares during the last quarter. DMC Group LLC raised its position in shares of PayPal by 2.0% during the 1st quarter. DMC Group LLC now owns 7,948 shares of the credit services provider’s stock valued at $519,000 after acquiring an additional 155 shares during the last quarter. Finally, Bryn Mawr Capital Management LLC raised its position in shares of PayPal by 4.5% during the 1st quarter. Bryn Mawr Capital Management LLC now owns 3,590 shares of the credit services provider’s stock valued at $234,000 after acquiring an additional 155 shares during the last quarter. Institutional investors own 68.32% of the company’s stock.

Insider Activity at PayPal

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the 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 transaction, the executive vice president directly owned 16,989 shares of the company’s stock, valued at $1,174,279.68. This represents a 18.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider directly owned 48,483 shares in the company, valued at $3,364,235.37. This represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,102 shares of company stock worth $1,046,607. Insiders own 0.08% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. JMP Securities dropped their target price on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a research report on Wednesday, July 30th. BMO Capital Markets reiterated a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft set a $75.00 target price on shares of PayPal in a research report on Tuesday, July 29th. Barclays reiterated an “overweight” rating on shares of PayPal in a research report on Tuesday, July 29th. Finally, Truist Financial assumed coverage on shares of PayPal in a research report on Monday, June 2nd. They set a “sell” rating and a $68.00 target price for the company. Seventeen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, PayPal presently has an average rating of “Hold” and a consensus price target of $85.00.

PayPal Trading Down 0.6%

PayPal stock opened at $66.89 on Monday. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The company has a market cap of $63.91 billion, a price-to-earnings ratio of 14.29, a P/E/G ratio of 1.03 and a beta of 1.43. The firm has a 50-day moving average of $70.81 and a 200-day moving average of $69.42. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33.

PayPal (NASDAQ:PYPL) last issued its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (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 during the quarter, compared to the consensus estimate of $8.08 billion. During the same period last year, the business 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 analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal 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.