PayPal Holdings, Inc. (NASDAQ:PYPL) Stock Position Decreased by Adage Capital Partners GP L.L.C.

Market Beat
2025.04.25 10:32
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Adage Capital Partners GP L.L.C. reduced its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 3.6% in Q4, now holding 861,675 shares valued at $73.54 million. Other hedge funds also adjusted their positions. Analysts have mixed ratings on PayPal, with a current average rating of "Moderate Buy" and a price target of $85.88. PayPal's stock opened at $62.54, with a market cap of $61.87 billion and a recent EPS of $1.19, exceeding estimates. The company reported a revenue of $8.37 billion for the quarter, a 4.2% increase year-over-year.

Adage Capital Partners GP L.L.C. cut its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 3.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 861,675 shares of the credit services provider's stock after selling 32,000 shares during the period. Adage Capital Partners GP L.L.C. owned approximately 0.09% of PayPal worth $73,544,000 at the end of the most recent quarter.

  • Traders Started Betting on PayPal's Rally Again

Several other hedge funds have also modified their holdings of the stock. Hurley Capital LLC acquired a new stake in PayPal during the 4th quarter worth about $27,000. Rosenberg Matthew Hamilton boosted its holdings in shares of PayPal by 67.6% in the fourth quarter. Rosenberg Matthew Hamilton now owns 310 shares of the credit services provider's stock worth $26,000 after buying an additional 125 shares during the period. Sugarloaf Wealth Management LLC increased its position in shares of PayPal by 344.3% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 351 shares of the credit services provider's stock worth $30,000 after acquiring an additional 272 shares in the last quarter. Bernard Wealth Management Corp. acquired a new stake in shares of PayPal during the fourth quarter valued at approximately $37,000. Finally, Modus Advisors LLC acquired a new stake in shares of PayPal during the fourth quarter valued at approximately $37,000. 68.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on PYPL shares. Seaport Res Ptn cut shares of PayPal from a "hold" rating to a "strong sell" rating in a research report on Thursday, April 17th. StockNews.com cut PayPal from a "buy" rating to a "hold" rating in a research report on Wednesday. Morgan Stanley upped their price target on PayPal from $79.00 to $80.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 26th. Arete Research set a $81.00 price objective on PayPal in a research report on Thursday, March 27th. Finally, Macquarie upped their target price on PayPal from $115.00 to $117.00 and gave the company an "outperform" rating in a report on Monday, February 10th. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $85.88.

  • PayPal Stock: Too Cheap to Ignore, Too Strong to Miss

Get Our Latest Research Report on PayPal

Insider Buying and Selling at PayPal

In other news, Director Gail J. Mcgovern sold 2,446 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $72.15, for a total value of $176,478.90. Following the completion of the sale, the director now directly owns 29,734 shares of the company's stock, valued at approximately $2,145,308.10. This represents a 7.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.14% of the company's stock.

PayPal Stock Performance

  • Rising E-Commerce Sales May Spark a Stock Breakout—What to Buy

NASDAQ:PYPL opened at $62.54 on Thursday. The firm has a market capitalization of $61.87 billion, a PE ratio of 15.60, a PEG ratio of 1.27 and a beta of 1.60. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.48. The firm's fifty day simple moving average is $67.29 and its 200 day simple moving average is $78.82.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.08. PayPal had a return on equity of 23.67% and a net margin of 13.04%. The company had revenue of $8.37 billion for the quarter, compared to the consensus estimate of $8.27 billion. During the same period last year, the business posted $1.48 earnings per share. The firm's revenue was up 4.2% compared to the same quarter last year. On average, sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal 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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