Litman Gregory Wealth Management LLC Has $14.05 Million Holdings in PayPal Holdings, Inc. $PYPL

Litman Gregory Wealth Management LLC grew its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 0.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 189,081 shares of the credit services provider’s stock after buying an additional 641 shares during the quarter. PayPal makes up about 1.1% of Litman Gregory Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding. Litman Gregory Wealth Management LLC’s holdings in PayPal were worth $14,052,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new stake in shares of PayPal in the 1st quarter valued at $529,264,000. Goldman Sachs Group Inc. increased its holdings in shares of PayPal by 44.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after acquiring an additional 2,638,815 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in shares of PayPal by 124.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 3,497,415 shares of the credit services provider’s stock valued at $228,206,000 after acquiring an additional 1,936,520 shares in the last quarter. Deutsche Bank AG lifted its holdings in PayPal by 19.1% in the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after purchasing an additional 1,798,330 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in PayPal by 14.9% in the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after purchasing an additional 1,232,155 shares during the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

Insider Transactions at PayPal

In other news, CAO Chris Natali sold 7,102 shares of the company’s stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of PayPal 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. The trade was a 7.91% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,102 shares of company stock worth $1,046,607 over the last 90 days. 0.08% of the stock is owned by insiders.

PayPal Stock Up 0.5%

Shares of NASDAQ:PYPL opened at $69.25 on Monday. 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 firm has a market cap of $66.16 billion, a P/E ratio of 14.80, a P/E/G ratio of 1.07 and a beta of 1.44. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The company’s 50-day moving average price is $68.68 and its two-hundred day moving average price is $69.30.

PayPal (NASDAQ:PYPL) last announced its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share 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 company had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. During the same period in the previous year, the firm 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. As a group, research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Rothschild & Co Redburn lifted their price target 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. JMP Securities lowered their target price on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a research note on Wednesday, July 30th. 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 report on Tuesday, July 29th. Finally, Wall Street Zen lowered PayPal from a “buy” rating to a “hold” rating in a research note on Saturday. Seventeen investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, PayPal presently has a consensus rating of “Hold” and a consensus price target of $84.50.

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.