Janney Montgomery Scott LLC Reduces Holdings in PayPal Holdings, Inc. $PYPL

Janney Montgomery Scott LLC trimmed its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 1.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 159,096 shares of the credit services provider’s stock after selling 1,698 shares during the period. Janney Montgomery Scott LLC’s holdings in PayPal were worth $11,824,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Evermay Wealth Management LLC increased its stake in shares of PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 363 shares in the last quarter. Garde Capital Inc. purchased a new stake in PayPal in the 1st quarter worth approximately $28,000. Tsfg LLC grew its stake in PayPal by 81.6% in the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock worth $29,000 after acquiring an additional 200 shares during the period. Gordian Capital Singapore Pte Ltd grew its stake 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 acquiring an additional 138 shares during the period. Finally, Crewe Advisors LLC grew its stake in PayPal by 1,461.8% in the 1st quarter. Crewe Advisors LLC now owns 531 shares of the credit services provider’s stock worth $35,000 after acquiring an additional 497 shares during the period. 68.32% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at PayPal

In related 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 transaction, the insider owned 48,483 shares in the company, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Diego Scotti sold 3,838 shares of PayPal 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 transaction, 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts have commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PayPal in a research note on Saturday, September 27th. Seaport Res Ptn raised shares of PayPal from a “strong sell” rating to a “hold” rating in a research note on Monday, July 14th. Wall Street Zen cut shares of PayPal from a “buy” rating to a “hold” rating in a research note on Saturday. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $96.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 target price on shares of PayPal in a research note on Tuesday, July 29th. 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $84.50.

PayPal Stock Performance

NASDAQ:PYPL opened at $69.25 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. The firm has a market capitalization of $66.16 billion, a price-to-earnings ratio of 14.80, a PEG ratio of 1.06 and a beta of 1.44. The firm’s fifty day simple moving average is $68.68 and its 200 day simple moving average is $69.31. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66.

PayPal (NASDAQ:PYPL) last posted its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same quarter in the previous 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. As a group, equities research 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.