Probity Advisors Inc. Grows Stake in PayPal Holdings, Inc. $PYPL

Probity Advisors Inc. raised its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 10.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,620 shares of the credit services provider’s stock after acquiring an additional 1,340 shares during the period. Probity Advisors Inc.’s holdings in PayPal were worth $1,087,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Hilltop National Bank purchased a new stake in shares of PayPal in the second quarter worth $27,000. Evermay Wealth Management LLC grew its stake in shares of 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 acquiring an additional 363 shares during the last quarter. Garde Capital Inc. purchased a new stake in shares of PayPal in the first quarter worth $28,000. Tsfg LLC boosted its position in shares of PayPal by 81.6% during the first quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock valued at $29,000 after buying an additional 200 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd boosted its position in shares of PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after buying an additional 138 shares during the last quarter. 68.32% of the stock is owned by hedge funds and other institutional investors.

PayPal Stock Up 2.7%

PYPL stock opened at $69.20 on Tuesday. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The business’s 50-day moving average is $68.93 and its two-hundred day moving average is $69.59. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. The company has a market cap of $66.11 billion, a price-to-earnings ratio of 14.79, a P/E/G ratio of 1.04 and a beta of 1.44.

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 analysts’ consensus estimates of $1.30 by $0.10. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The company had revenue of $8.29 billion for the quarter, compared to the consensus estimate of $8.08 billion. During the same quarter in the prior year, the company earned $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, analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

Insider Buying and Selling at PayPal

In other 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 filing with the SEC, which is available at the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.12, for a total value of $265,282.56. Following the completion of the transaction, the executive vice president directly owned 16,989 shares in the company, valued at $1,174,279.68. This trade represents a 18.43% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

PYPL has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on PayPal in a research report on Tuesday, July 29th. Morgan Stanley reaffirmed a “positive” rating on shares of PayPal in a research report on Wednesday, July 30th. Rothschild & Co Redburn increased their price objective on PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research report on Tuesday, September 16th. JMP Securities dropped 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. Finally, Macquarie reaffirmed an “outperform” rating and set a $95.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $83.44.

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.