Focus Financial Network Inc. Sells 1,131 Shares of PayPal Holdings, Inc. $PYPL

Focus Financial Network Inc. lowered its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 16.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,731 shares of the credit services provider’s stock after selling 1,131 shares during the quarter. Focus Financial Network Inc.’s holdings in PayPal were worth $426,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of PYPL. Nuveen LLC bought a new stake in PayPal in the 1st quarter valued at $529,264,000. Goldman Sachs Group Inc. grew its holdings in shares of PayPal by 44.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock worth $558,499,000 after purchasing an additional 2,638,815 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in PayPal by 124.1% during the 1st quarter. Assenagon Asset Management S.A. now owns 3,497,415 shares of the credit services provider’s stock worth $228,206,000 after acquiring an additional 1,936,520 shares during the last quarter. Deutsche Bank AG grew its holdings in PayPal by 19.1% during the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after acquiring an additional 1,798,330 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in PayPal during the 4th quarter worth about $140,164,000. Institutional investors own 68.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on PYPL. Truist Financial began coverage on shares of PayPal in a research report on Monday, June 2nd. They set a “sell” rating and a $68.00 target price on the stock. BMO Capital Markets restated a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. Piper Sandler set a $74.00 target price on shares of PayPal in a research report on Tuesday, July 29th. Citigroup restated a “buy” rating on shares of PayPal in a research report on Tuesday, July 29th. Finally, Rothschild & Co Redburn upped their target price on shares of PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research report on Tuesday, September 16th. Seventeen investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, PayPal presently has a consensus rating of “Hold” and a consensus target price of $84.50.

Insiders Place Their Bets

In other PayPal news, insider Suzan Kereere sold 4,162 shares of PayPal 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 completion of the transaction, the insider directly owned 48,483 shares of the company’s stock, valued at $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction of $265,282.56. Following the completion of the sale, the executive vice president directly 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 disclosure for this sale can be found here. Insiders sold a total of 15,102 shares of company stock valued at $1,046,607 over the last ninety days. 0.08% of the stock is currently owned by company insiders.

PayPal Trading Down 0.4%

PYPL stock opened at $68.22 on Friday. 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 company has a fifty day moving average price of $70.13 and a two-hundred day moving average price of $69.37. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The stock has a market cap of $65.18 billion, a price-to-earnings ratio of 14.58, a price-to-earnings-growth ratio of 1.05 and a beta of 1.43.

PayPal (NASDAQ:PYPL) last released its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping 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 firm had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. During the same period 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. Equities analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

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.