Bigelow Investment Advisors LLC Sells 274 Shares of PayPal Holdings, Inc. $PYPL

by · The Cerbat Gem

Bigelow Investment Advisors LLC trimmed its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 3.2% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 8,394 shares of the credit services provider’s stock after selling 274 shares during the quarter. Bigelow Investment Advisors LLC’s holdings in PayPal were worth $624,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC lifted its position in shares of PayPal by 41.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 164,944 shares of the credit services provider’s stock valued at $12,633,000 after acquiring an additional 48,475 shares during the period. Wedmont Private Capital lifted its position in shares of PayPal by 9.6% during the 2nd quarter. Wedmont Private Capital now owns 9,015 shares of the credit services provider’s stock valued at $675,000 after acquiring an additional 790 shares during the period. Swedbank AB lifted its position in shares of PayPal by 2.3% during the 2nd quarter. Swedbank AB now owns 933,545 shares of the credit services provider’s stock valued at $69,381,000 after acquiring an additional 21,275 shares during the period. Secure Asset Management LLC lifted its position in shares of PayPal by 5.2% during the 2nd quarter. Secure Asset Management LLC now owns 36,292 shares of the credit services provider’s stock worth $2,697,000 after buying an additional 1,799 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of PayPal by 0.8% during the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 127,850 shares of the credit services provider’s stock worth $9,502,000 after buying an additional 1,034 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

PYPL has been the subject of several recent analyst reports. Canaccord Genuity Group restated a “buy” rating and set a $96.00 price objective on shares of PayPal in a research report on Wednesday, July 30th. JMP Securities dropped their price objective on PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a research report on Wednesday, July 30th. Rothschild & Co Redburn increased their target price on PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft set a $75.00 target price on PayPal in a research report on Tuesday, July 29th. Finally, Macquarie reiterated an “outperform” rating and issued a $95.00 target price on shares of PayPal in a research report on Wednesday, July 30th. Seventeen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $84.50.

View Our Latest Stock Analysis on PayPal

PayPal Trading Up 2.6%

Shares of PayPal stock opened at $68.62 on Thursday. 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 50 day moving average price of $70.34 and a two-hundred day moving average price of $69.37. The stock has a market capitalization of $65.56 billion, a PE ratio of 14.66, a price-to-earnings-growth ratio of 1.03 and a beta of 1.43.

PayPal (NASDAQ:PYPL – Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 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 firm had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. During the same quarter 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. As a group, equities analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Activity at PayPal

In related news, 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 owned 48,483 shares of the company’s stock, valued at $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The disclosure for this sale can be found here. Insiders have sold a total of 15,102 shares of company stock valued at $1,046,607 over the last 90 days. Insiders own 0.08% of the company’s stock.

PayPal Company Profile

(Free Report)

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.

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