Northstar Group Inc. Reduces Stock Position in PayPal Holdings, Inc. $PYPL

Northstar Group Inc. cut its stake in PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 2.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 49,298 shares of the credit services provider’s stock after selling 1,230 shares during the period. Northstar Group Inc.’s holdings in PayPal were worth $3,664,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of PYPL. Gordian Capital Singapore Pte Ltd boosted its holdings in shares of PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 138 shares during the last quarter. GSB Wealth Management LLC boosted its holdings in shares of PayPal by 1.7% in the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock valued at $606,000 after purchasing an additional 140 shares during the last quarter. CreativeOne Wealth LLC boosted its holdings in shares of PayPal by 1.5% in the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock valued at $613,000 after purchasing an additional 142 shares during the last quarter. Pitti Group Wealth Management LLC boosted its holdings in shares of PayPal by 1.5% in the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock valued at $761,000 after purchasing an additional 147 shares during the last quarter. Finally, MONECO Advisors LLC boosted its holdings in shares of PayPal by 0.8% in the 1st quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock valued at $1,334,000 after purchasing an additional 154 shares during the last quarter. 68.32% of the stock is owned by hedge funds and other institutional investors.

PayPal Price Performance

PYPL opened at $66.66 on Thursday. The company has a 50-day moving average of $69.03 and a 200-day moving average of $69.31. The company has a market capitalization of $63.69 billion, a P/E ratio of 14.24, a PEG ratio of 1.03 and a beta of 1.44. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. 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 (NASDAQ:PYPLGet Free Report) last released its earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.10. The company had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same quarter in the previous year, the firm 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. Equities analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

Insider Transactions at PayPal

In related news, insider Suzan Kereere sold 4,162 shares of the business’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total transaction 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction of $265,282.56. Following the sale, the executive vice president directly owned 16,989 shares of the company’s stock, valued at approximately $1,174,279.68. This represents a 18.43% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,102 shares of company stock valued at $1,046,607. Insiders own 0.08% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on PYPL. Morgan Stanley reiterated a “positive” rating on shares of PayPal in a report on Wednesday, July 30th. Rothschild & Co Redburn lifted their target price on shares of PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, September 16th. Canaccord Genuity Group restated a “buy” rating and set a $96.00 target price on shares of PayPal in a report on Wednesday, July 30th. Royal Bank Of Canada restated an “outperform” rating and set a $88.00 target price on shares of PayPal in a report on Thursday, June 26th. Finally, Macquarie reiterated an “outperform” rating and set a $95.00 target price on shares of PayPal in a report on Wednesday, July 30th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the 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 Research Report on PYPL

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.

See Also

Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

Receive News & Ratings for PayPal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal and related companies with MarketBeat.com's FREE daily email newsletter.