Rep. Robert Bresnahan, Jr. Buys PayPal Holdings, Inc. (NASDAQ:PYPL) Stock

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of PayPal Holdings, Inc. (NASDAQ:PYPL). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in PayPal stock on April 8th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/17/2025.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/16/2025.
• Sold $1,001 – $15,000 in shares of Western Digital (NASDAQ:WDC) on 4/11/2025.
• Sold $1,001 – $15,000 in shares of Western Digital (NASDAQ:WDC) on 4/10/2025.
• Sold $1,001 – $15,000 in shares of DexCom (NASDAQ:DXCM) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Invesco (NYSE:IVZ) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Generac (NYSE:GNRC) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Occidental Petroleum (NYSE:OXY) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/8/2025.

PayPal Trading Down 0.3%

NASDAQ:PYPL opened at $70.26 on Monday. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The stock has a market cap of $68.33 billion, a P/E ratio of 17.52, a P/E/G ratio of 1.27 and a beta of 1.51. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.26 and a current ratio of 1.26. The stock has a 50-day simple moving average of $65.65 and a 200-day simple moving average of $77.67.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings results on Tuesday, April 29th. The credit services provider reported $1.33 EPS for the quarter, beating the consensus estimate of $1.16 by $0.17. The company had revenue of $7.79 billion for the quarter, compared to analyst estimates of $7.84 billion. PayPal had a net margin of 13.04% and a return on equity of 23.67%. The firm’s revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.08 earnings per share. As a group, analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Transactions at PayPal

In other PayPal news, Director Gail J. Mcgovern sold 2,446 shares of the company’s 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 transaction, the director now directly owns 29,734 shares in the company, valued at approximately $2,145,308.10. This represents a 7.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on PYPL. Wells Fargo & Company reduced their price target on shares of PayPal from $80.00 to $74.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 16th. Compass Point began coverage on PayPal in a report on Wednesday, April 23rd. They issued a “sell” rating and a $56.00 target price for the company. BMO Capital Markets dropped their price target on PayPal from $83.00 to $79.00 and set a “market perform” rating on the stock in a research note on Wednesday, April 30th. Barclays reduced their price objective on PayPal from $110.00 to $80.00 and set an “overweight” rating for the company in a research note on Tuesday, April 15th. Finally, Monness Crespi & Hardt lowered their target price on shares of PayPal from $120.00 to $90.00 and set a “buy” rating on the stock in a research report on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $83.68.

Institutional Investors Weigh In On PayPal

A number of large investors have recently added to or reduced their stakes in PYPL. Keynote Financial Services LLC raised its position in PayPal by 6.3% during the first quarter. Keynote Financial Services LLC now owns 8,553 shares of the credit services provider’s stock worth $558,000 after acquiring an additional 508 shares during the last quarter. Headlands Technologies LLC purchased a new stake in PayPal in the 1st quarter valued at approximately $8,414,000. Waycross Partners LLC lifted its stake in PayPal by 22.4% in the 1st quarter. Waycross Partners LLC now owns 180,449 shares of the credit services provider’s stock valued at $11,774,000 after buying an additional 33,018 shares in the last quarter. Ontario Teachers Pension Plan Board grew its holdings in PayPal by 8.2% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 2,453,258 shares of the credit services provider’s stock valued at $160,075,000 after buying an additional 185,694 shares during the last quarter. Finally, Deutsche Bank AG increased its position in PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after buying an additional 1,798,330 shares in the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.