Octavia Wealth Advisors LLC Reduces Stock Holdings in PayPal Holdings, Inc. $PYPL

Octavia Wealth Advisors LLC decreased its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 13.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,827 shares of the credit services provider’s stock after selling 425 shares during the quarter. Octavia Wealth Advisors LLC’s holdings in PayPal were worth $210,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of PayPal by 0.3% in the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock valued at $5,625,976,000 after buying an additional 276,339 shares in the last quarter. Deutsche Bank AG grew its stake in PayPal by 19.1% in the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after acquiring an additional 1,798,330 shares during the period. Invesco Ltd. increased its holdings in 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 acquiring an additional 1,232,155 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in 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 acquiring an additional 2,638,815 shares in the last quarter. Finally, Nuveen LLC acquired a new position in PayPal during the first quarter worth $529,264,000. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at PayPal

In other PayPal news, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total transaction of $288,801.18. Following the sale, the insider owned 48,483 shares of the company’s stock, valued at approximately $3,364,235.37. This trade represents a 7.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Chris Natali sold 7,102 shares of the company’s stock in a transaction on 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. In the last 90 days, insiders have sold 15,102 shares of company stock valued at $1,046,607. Corporate insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on PYPL. Macquarie reiterated an “outperform” rating and issued a $95.00 price objective on shares of PayPal in a report on Wednesday, July 30th. Truist Financial initiated coverage on shares of PayPal in a research report on Monday, June 2nd. They set a “sell” rating and a $68.00 price target on the stock. Rothschild & Co Redburn boosted their price target on shares of PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, September 16th. BMO Capital Markets restated a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 price target on shares of PayPal in a research note on Tuesday, July 29th. Seventeen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, PayPal presently has an average rating of “Hold” and an average price target of $84.50.

PayPal Trading Down 1.7%

Shares of NASDAQ:PYPL opened at $66.74 on Friday. The company has a market cap of $63.76 billion, a PE ratio of 14.26, a P/E/G ratio of 1.05 and a beta of 1.43. The company’s 50 day moving average is $69.65 and its two-hundred day moving average is $69.32. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL) last issued its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The firm had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. During the same quarter in the previous 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. Equities analysts predict 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.