Inceptionr LLC reduced its stake in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 40.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 9,977 shares of the credit services provider’s stock after selling 6,709 shares during the quarter. Inceptionr LLC’s holdings in PayPal were worth $741,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Boston Partners bought a new stake in shares of PayPal during the 2nd quarter valued at $939,000. J.W. Cole Advisors Inc. raised its stake in PayPal by 14.4% in the second quarter. J.W. Cole Advisors Inc. now owns 28,436 shares of the credit services provider’s stock valued at $2,113,000 after purchasing an additional 3,580 shares in the last quarter. North Star Asset Management Inc. lifted its position in PayPal by 1.9% during the second quarter. North Star Asset Management Inc. now owns 229,145 shares of the credit services provider’s stock worth $17,030,000 after purchasing an additional 4,307 shares during the period. FourThought Financial Partners LLC grew its stake in PayPal by 22.4% during the second quarter. FourThought Financial Partners LLC now owns 43,961 shares of the credit services provider’s stock worth $3,267,000 after buying an additional 8,031 shares in the last quarter. Finally, Associated Banc Corp increased its holdings in PayPal by 4.7% in the 2nd quarter. Associated Banc Corp now owns 4,491 shares of the credit services provider’s stock valued at $334,000 after buying an additional 202 shares during the period. Institutional investors own 68.32% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have recently weighed in on PYPL shares. Sanford C. Bernstein cut their price target on shares of PayPal from $85.00 to $76.00 in a report on Tuesday, October 21st. Jefferies Financial Group cut their target price on PayPal from $75.00 to $60.00 and set a “hold” rating for the company in a research note on Monday. Truist Financial raised their target price on PayPal from $65.00 to $66.00 and gave the company a “sell” rating in a report on Tuesday, November 4th. President Capital decreased their price target on PayPal from $91.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, BNP Paribas Exane upped their price objective on PayPal from $69.00 to $71.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Sixteen research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, PayPal currently has an average rating of “Hold” and an average price target of $82.06.
PayPal Stock Performance
Shares of PayPal stock opened at $61.83 on Friday. The company’s 50 day moving average price is $67.23 and its two-hundred day moving average price is $69.93. The firm has a market capitalization of $57.85 billion, a P/E ratio of 12.39, a P/E/G ratio of 0.83 and a beta of 1.45. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34.
PayPal (NASDAQ:PYPL – Get Free Report) last announced its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The company had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.21 billion. During the same period in the prior year, the company earned $1.20 EPS. PayPal’s revenue was up 7.3% compared to the same quarter last year. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. On average, equities analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.
PayPal Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be given a $0.14 dividend. The ex-dividend date is Wednesday, November 19th. This represents a $0.56 annualized dividend and a yield of 0.9%. PayPal’s dividend payout ratio (DPR) is currently 11.22%.
Insider Transactions at PayPal
In other news, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $68.97, for a total transaction of $264,706.86. Following the sale, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,171,731.33. The trade was a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Chris Natali sold 1,374 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 36,156 shares of company stock valued at $2,432,524. Company insiders own 0.08% of the company’s stock.
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.
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