Sagespring Wealth Partners LLC Acquires 3,171 Shares of PayPal Holdings, Inc. $PYPL

Sagespring Wealth Partners LLC increased its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 40.8% in the 2nd quarter, HoldingsChannel reports. The fund owned 10,940 shares of the credit services provider’s stock after acquiring an additional 3,171 shares during the period. Sagespring Wealth Partners LLC’s holdings in PayPal were worth $813,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of PYPL. Hilltop National Bank bought a new stake in shares of PayPal in the 2nd quarter valued at approximately $27,000. Evermay Wealth Management LLC lifted its position in PayPal by 726.0% in the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after buying an additional 363 shares during the last quarter. Garde Capital Inc. bought a new stake in PayPal in the first quarter worth $28,000. Tsfg LLC lifted its position in PayPal by 81.6% in the first quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock worth $29,000 after buying an additional 200 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd lifted its position in PayPal by 41.2% in the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after buying an additional 138 shares during the last quarter. 68.32% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Barclays restated an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. The Goldman Sachs Group set a $70.00 price objective on shares of PayPal and gave the stock a “sell” rating in a research note on Monday. Rothschild & Co Redburn raised their price objective on shares of PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 16th. Citigroup reissued a “buy” rating on shares of PayPal in a research note on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 price target on PayPal in a research note on Tuesday, July 29th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $83.50.

Insider Activity at PayPal

In other news, 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 value of $265,282.56. Following the completion of the sale, the executive vice president owned 16,989 shares in the company, valued at approximately $1,174,279.68. The trade was a 18.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the business’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.35, for a total transaction of $492,523.70. The disclosure for this sale can be found here. Insiders sold 15,102 shares of company stock worth $1,046,607 over the last three months. 0.08% of the stock is owned by corporate insiders.

PayPal Stock Performance

PayPal stock opened at $67.98 on Thursday. The company has a 50 day moving average price of $68.94 and a 200-day moving average price of $69.43. 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 fifty-two week low of $55.85 and a fifty-two week high of $93.66. The company has a market capitalization of $64.95 billion, a PE ratio of 14.53, a P/E/G ratio of 1.07 and a beta of 1.44.

PayPal (NASDAQ:PYPL) last issued its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.10. The business had revenue of $8.29 billion during 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 in the previous year, the company 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 analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share 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.