Rep. Byron Donalds Buys Shares of PayPal Holdings, Inc. (NASDAQ:PYPL)

Representative Byron Donalds (R-Florida) recently bought shares of PayPal Holdings, Inc. NASDAQ: PYPL. In a filing disclosed on April 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in PayPal stock on March 20th. The trade occurred in the Representative's "MORAN WEALTH IRA" account.

Representative Byron Donalds also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 3/20/2025.
• Sold $1,001 - $15,000 in shares of GoDaddy NYSE: GDDY on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Gartner NYSE: IT on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of Chipotle Mexican Grill NYSE: CMG on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Equifax NYSE: EFX on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of Tradeweb Markets NASDAQ: TW on 3/20/2025.
• Sold $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 3/20/2025.

PayPal Trading Down 1.8 %

PayPal stock traded down $1.10 during trading hours on Monday, hitting $59.90. The stock had a trading volume of 1,709,610 shares, compared to its average volume of 11,438,762. The stock has a market cap of $59.26 billion, a price-to-earnings ratio of 14.94, a P/E/G ratio of 1.27 and a beta of 1.60. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.48. The business's 50 day simple moving average is $68.22 and its 200-day simple moving average is $79.19. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66.

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

Insider Buying and Selling

In other news, Director Gail J. Mcgovern sold 2,446 shares of the stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $72.15, for a total value of $176,478.90. Following 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.14% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Bank of America decreased their price target on PayPal from $103.00 to $93.00 and set a "buy" rating for the company in a research note on Monday, April 14th. DZ Bank upgraded shares of PayPal from a "hold" rating to a "buy" rating and set a $92.00 target price on the stock in a report on Friday, February 28th. Barclays decreased their price target on PayPal from $110.00 to $80.00 and set an "overweight" rating for the company in a report on Tuesday, April 15th. Robert W. Baird cut their target price on PayPal from $100.00 to $95.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 5th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of PayPal in a report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $86.84.

Institutional Trading of PayPal

Several hedge funds have recently made changes to their positions in the company. Anchor Investment Management LLC lifted its stake in shares of PayPal by 9.9% during the 3rd quarter. Anchor Investment Management LLC now owns 35,219 shares of the credit services provider's stock valued at $2,748,000 after buying an additional 3,175 shares in the last quarter. Boyar Asset Management Inc. bought a new stake in PayPal during the 3rd quarter valued at $208,000. World Investment Advisors LLC bought a new position in shares of PayPal in the third quarter worth $5,296,000. Sfmg LLC purchased a new position in shares of PayPal in the third quarter valued at $234,000. Finally, Wilmington Savings Fund Society FSB grew its position in shares of PayPal by 196.3% in the third quarter. Wilmington Savings Fund Society FSB now owns 10,221 shares of the credit services provider's stock valued at $798,000 after purchasing an additional 6,772 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors.

About Representative Donalds

Byron Donalds (Republican Party) is a member of the U.S. House, representing Florida's 19th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Donalds (Republican Party) is running for re-election to the U.S. House to represent Florida's 19th Congressional District. He declared candidacy for the 2026 election. Byron Donalds was born in Brooklyn, New York, and lives in Naples, Florida. Donalds earned a bachelor's degree in finance and marketing from Florida State University in 2002. His career experience includes working as a commercial credit officer in banking and as a portfolio manager in financial services.

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.