Moran Wealth Management LLC Acquires 3,319 Shares of PayPal Holdings, Inc. $PYPL

Moran Wealth Management LLC boosted its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 2.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 142,767 shares of the credit services provider’s stock after acquiring an additional 3,319 shares during the period. Moran Wealth Management LLC’s holdings in PayPal were worth $10,610,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Nuveen LLC bought a new position in PayPal during the 1st quarter worth $529,264,000. Goldman Sachs Group Inc. increased its position in 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 worth $558,499,000 after buying an additional 2,638,815 shares during the period. Deutsche Bank AG increased its position 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 buying an additional 1,798,330 shares during the period. Invesco Ltd. increased its position in PayPal by 14.9% during the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after buying an additional 1,232,155 shares during the period. Finally, Jupiter Asset Management Ltd. increased its position in PayPal by 301.7% during the 1st quarter. Jupiter Asset Management Ltd. now owns 1,156,955 shares of the credit services provider’s stock worth $75,491,000 after buying an additional 868,953 shares during the period. Institutional investors own 68.32% of the company’s stock.

Insider Activity at PayPal

In related news, CAO Chris Natali sold 7,102 shares of the firm’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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of PayPal 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 sale, the executive vice president directly owned 16,989 shares in the company, valued at $1,174,279.68. The trade was a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,102 shares of company stock valued at $1,046,607 over the last ninety days. 0.08% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

PYPL has been the topic of several recent research reports. BMO Capital Markets reiterated a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. Canaccord Genuity Group reiterated a “buy” rating and set a $96.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. JMP Securities lowered their price objective on PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a research report on Wednesday, July 30th. Royal Bank Of Canada restated an “outperform” rating and issued a $88.00 price target on shares of PayPal in a research report on Thursday, June 26th. Finally, Macquarie restated an “outperform” rating and issued a $95.00 price target on shares of PayPal in a research report on Wednesday, July 30th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, PayPal currently has an average rating of “Hold” and an average price target of $83.50.

PayPal Stock Down 1.4%

Shares of NASDAQ PYPL opened at $68.86 on Tuesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The stock has a market capitalization of $65.79 billion, a P/E ratio of 14.71, a PEG ratio of 1.08 and a beta of 1.44. The stock’s fifty day moving average is $68.94 and its 200 day moving average is $69.45.

PayPal (NASDAQ:PYPL) last released its quarterly earnings data 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 return on equity of 25.35% and a net margin of 14.49%.During the same period last 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. Sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

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.