Forum Financial Management LP Purchases 921 Shares of PayPal Holdings, Inc. $PYPL

Forum Financial Management LP grew its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 6.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,139 shares of the credit services provider’s stock after acquiring an additional 921 shares during the quarter. Forum Financial Management LP’s holdings in PayPal were worth $1,125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in PayPal by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock worth $5,625,976,000 after acquiring an additional 276,339 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of 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 period. Invesco Ltd. boosted its holdings in shares of 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 period. Goldman Sachs Group Inc. boosted its holdings in shares of PayPal by 44.6% in 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 purchasing an additional 2,638,815 shares during the period. Finally, Nuveen LLC purchased a new position in shares of PayPal in the 1st quarter worth approximately $529,264,000. Institutional investors own 68.32% of the company’s stock.

Insiders Place Their Bets

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction on 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 sale, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,174,279.68. This represents a 18.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the sale, the insider owned 48,483 shares of the company’s stock, valued at $3,364,235.37. This represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,102 shares of company stock worth $1,046,607. 0.08% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

PYPL has been the subject of a number of recent research reports. Piper Sandler set a $74.00 target price on PayPal in a report on Tuesday, July 29th. Canaccord Genuity Group reiterated a “buy” rating and issued a $96.00 target price on shares of PayPal in a report on Wednesday, July 30th. Sanford C. Bernstein dropped their target price on PayPal from $85.00 to $76.00 in a report on Tuesday. JMP Securities dropped their target price on PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a report on Wednesday, July 30th. Finally, Macquarie reiterated an “outperform” rating and issued a $95.00 target price on shares of PayPal in a report on Wednesday, July 30th. Fifteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, PayPal presently has a consensus rating of “Hold” and an average price target of $82.57.

PayPal Price Performance

PYPL opened at $69.66 on Friday. The business has a fifty day moving average of $68.93 and a 200 day moving average of $69.66. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66. 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 stock has a market cap of $66.55 billion, a P/E ratio of 14.88, a PEG ratio of 1.05 and a beta of 1.44.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $8.08 billion. During the same quarter in the previous year, the business earned $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, sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS 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.