PayPal Holdings, Inc. $PYPL Stock Position Lowered by Voya Investment Management LLC

Voya Investment Management LLC lessened its position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 66.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 964,757 shares of the credit services provider's stock after selling 1,905,109 shares during the quarter. Voya Investment Management LLC owned approximately 0.10% of PayPal worth $62,950,000 as of its most recent filing with the SEC.

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Other hedge funds have also made changes to their positions in the company. AQR Capital Management LLC lifted its position in shares of PayPal by 15.8% in the 1st quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider's stock valued at $224,001,000 after acquiring an additional 476,763 shares in the last quarter. Allianz SE lifted its position in shares of PayPal by 281.8% in the 1st quarter. Allianz SE now owns 30,338 shares of the credit services provider's stock valued at $1,980,000 after acquiring an additional 22,392 shares in the last quarter. Nuveen LLC purchased a new stake in shares of PayPal in the 1st quarter valued at approximately $529,264,000. Clearline Capital LP lifted its position in shares of PayPal by 179.8% in the 1st quarter. Clearline Capital LP now owns 300,340 shares of the credit services provider's stock valued at $19,597,000 after acquiring an additional 193,000 shares in the last quarter. Finally, Voleon Capital Management LP purchased a new stake in PayPal in the 1st quarter worth approximately $678,000. Hedge funds and other institutional investors own 68.32% of the company's stock.

Insider Transactions at PayPal

In other news, EVP Diego Scotti sold 3,838 shares of the stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.12, for a total transaction of $265,282.56. Following the transaction, the executive vice president owned 16,989 shares in the company, valued at $1,174,279.68. This represents a 18.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Chris Natali sold 7,102 shares of the stock in a transaction on Thursday, July 31st. The stock was 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. Insiders have sold a total of 15,102 shares of company stock worth $1,046,607 in the last 90 days. 0.08% of the stock is owned by insiders.

PayPal Stock Performance

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Shares of PYPL opened at $66.89 on Friday. The company's fifty day moving average is $70.81 and its 200-day moving average is $69.45. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.66. The firm has a market cap of $63.91 billion, a price-to-earnings ratio of 14.29, a price-to-earnings-growth ratio of 1.04 and a beta of 1.43. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The company had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. During the same quarter in the prior year, the business posted $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.

Analyst Upgrades and Downgrades

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A number of equities research analysts have issued reports on PYPL shares. Canaccord Genuity Group reiterated a "buy" rating and issued a $96.00 target price on shares of PayPal in a research report on Wednesday, July 30th. Wall Street Zen upgraded shares of PayPal from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Piper Sandler set a $74.00 target price on shares of PayPal in a research report on Tuesday, July 29th. Seaport Res Ptn upgraded shares of PayPal from a "strong sell" rating to a "hold" rating in a research report on Monday, July 14th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $88.00 target price on shares of PayPal in a research report on Thursday, June 26th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $85.00.

Get Our Latest Stock Analysis on PYPL

About PayPal

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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