Representative Jefferson Shreve (R-Indiana) recently sold shares of PayPal Holdings, Inc. NASDAQ: PYPL. In a filing disclosed on April 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in PayPal stock on March 5th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 3/31/2025.
- Purchased $50,001 - $100,000 in shares of Block NYSE: XYZ on 3/31/2025.
- Sold $15,001 - $50,000 in shares of DuPont de Nemours NYSE: DD on 3/31/2025.
- Purchased $15,001 - $50,000 in shares of United Community Banks NASDAQ: UCB on 3/31/2025.
- Sold $15,001 - $50,000 in shares of IDEX NYSE: IEX on 3/31/2025.
- Purchased $15,001 - $50,000 in shares of HNI NYSE: HNI on 3/31/2025.
- Sold $50,001 - $100,000 in shares of ServiceNow NYSE: NOW on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Coinbase Global NASDAQ: COIN on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Constellation Energy NASDAQ: CEG on 3/31/2025.
- Sold $50,001 - $100,000 in shares of Simon Property Group NYSE: SPG on 3/31/2025.
PayPal Trading Up 1.3 %
NASDAQ PYPL traded up $0.76 on Friday, reaching $61.00. The stock had a trading volume of 9,020,112 shares, compared to its average volume of 11,483,897. 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 firm has a market capitalization of $60.34 billion, a price-to-earnings ratio of 15.21, a P/E/G ratio of 1.27 and a beta of 1.60. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The stock has a fifty day moving average price of $68.22 and a two-hundred day moving average price of $79.17.
PayPal (NASDAQ:PYPL - Get Free Report) last announced its earnings results on Tuesday, February 4th. The credit services provider reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.08. PayPal had a net margin of 13.04% and a return on equity of 23.67%. The firm had revenue of $8.37 billion for the quarter, compared to the consensus estimate of $8.27 billion. During the same period in the prior year, the firm earned $1.48 EPS. The firm's revenue for the quarter was up 4.2% on a year-over-year basis. As a group, sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.
Institutional Trading of PayPal
Several institutional investors have recently made changes to their positions in PYPL. Mpwm Advisory Solutions LLC purchased a new stake in PayPal during the fourth quarter worth approximately $25,000. Hurley Capital LLC purchased a new position in PayPal in the 4th quarter valued at about $27,000. Rosenberg Matthew Hamilton boosted its position in PayPal by 67.6% in the 4th quarter. Rosenberg Matthew Hamilton now owns 310 shares of the credit services provider's stock valued at $26,000 after buying an additional 125 shares during the last quarter. Sugarloaf Wealth Management LLC grew its stake in shares of PayPal by 344.3% during the fourth quarter. Sugarloaf Wealth Management LLC now owns 351 shares of the credit services provider's stock valued at $30,000 after acquiring an additional 272 shares in the last quarter. Finally, Bernard Wealth Management Corp. purchased a new stake in shares of PayPal during the fourth quarter worth about $34,000. 68.32% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages have issued reports on PYPL. Piper Sandler lowered their price objective on PayPal from $85.00 to $76.00 and set a "neutral" rating for the company in a research report on Wednesday, February 26th. JPMorgan Chase & Co. restated an "overweight" rating on shares of PayPal in a research report on Tuesday, February 4th. Macquarie raised their target price on shares of PayPal from $115.00 to $117.00 and gave the stock an "outperform" rating in a research note on Monday, February 10th. Barclays decreased their price target on PayPal from $110.00 to $80.00 and set an "overweight" rating on the stock in a research note on Tuesday. Finally, Citigroup restated an "outperform" rating on shares of PayPal in a research report on Wednesday, February 5th. One research analyst has rated the stock with a sell rating, sixteen have given a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, PayPal presently has an average rating of "Moderate Buy" and an average target price of $86.84.
Read Our Latest Stock Report on PYPL
Insider Buying and Selling
In other PayPal news, Director Gail J. Mcgovern sold 2,446 shares of the stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $72.15, for a total transaction of $176,478.90. Following the transaction, the director now directly owns 29,734 shares in the company, valued at $2,145,308.10. This represents a 7.60 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.14% of the company's stock.
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
About PayPal
(
Get 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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