PayPal Holdings, Inc. $PYPL Shares Bought by Simplicity Wealth LLC

Simplicity Wealth LLC boosted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 214.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 12,200 shares of the credit services provider’s stock after purchasing an additional 8,325 shares during the quarter. Simplicity Wealth LLC’s holdings in PayPal were worth $907,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. Brighton Jones LLC boosted its holdings in PayPal by 15.2% in the fourth quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock valued at $596,000 after purchasing an additional 924 shares during the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of PayPal in the 4th quarter valued at about $248,000. Vest Financial LLC boosted its stake in shares of PayPal by 69.5% in the first quarter. Vest Financial LLC now owns 11,469 shares of the credit services provider’s stock worth $748,000 after buying an additional 4,703 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in PayPal during the first quarter worth about $206,000. Finally, Wedmont Private Capital raised its position in PayPal by 37.7% during the first quarter. Wedmont Private Capital now owns 8,225 shares of the credit services provider’s stock valued at $515,000 after acquiring an additional 2,253 shares in the last quarter. 68.32% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other PayPal news, CAO Chris Natali sold 7,102 shares of the business’s stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the transaction, the insider directly owned 48,483 shares of the company’s stock, valued at $3,364,235.37. The trade was a 7.91% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,102 shares of company stock worth $1,046,607. Insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Citigroup restated a “buy” rating on shares of PayPal in a research report on Tuesday, July 29th. Morgan Stanley reiterated a “positive” rating on shares of PayPal in a research note on Wednesday, July 30th. BMO Capital Markets reissued a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. Macquarie reaffirmed an “outperform” rating and issued a $95.00 price objective on shares of PayPal in a report on Wednesday, July 30th. Finally, Wall Street Zen downgraded shares of PayPal from a “buy” rating to a “hold” rating in a research report on Saturday. Seventeen research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, PayPal presently has an average rating of “Hold” and a consensus price target of $84.50.

PayPal Price Performance

Shares of NASDAQ PYPL opened at $71.29 on Tuesday. 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 firm has a fifty day moving average of $68.54 and a 200 day moving average of $69.31. The firm has a market cap of $68.11 billion, a PE ratio of 15.23, a PEG ratio of 1.07 and a beta of 1.44. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66.

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 the consensus estimate of $1.30 by $0.10. The business had revenue of $8.29 billion for 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 period 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, research analysts predict that PayPal Holdings, Inc. will post 5.03 EPS 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.