PayPal Holdings, Inc. $PYPL Shares Sold by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC lessened its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 10.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,712 shares of the credit services provider’s stock after selling 2,331 shares during the period. Elevation Point Wealth Partners LLC’s holdings in PayPal were worth $1,539,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Gordian Capital Singapore Pte Ltd lifted its stake in shares of PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after buying an additional 138 shares during the period. GSB Wealth Management LLC raised its stake in PayPal by 1.7% in the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after acquiring an additional 140 shares during the last quarter. CreativeOne Wealth LLC lifted its position in PayPal by 1.5% during the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock worth $613,000 after acquiring an additional 142 shares during the period. Pitti Group Wealth Management LLC lifted its position in PayPal by 1.5% during the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock worth $761,000 after acquiring an additional 147 shares during the period. Finally, MONECO Advisors LLC grew its stake in PayPal by 0.8% during the 1st quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock valued at $1,334,000 after purchasing an additional 154 shares during the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on PYPL shares. Keefe, Bruyette & Woods raised their price objective on PayPal from $85.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. Wall Street Zen upgraded shares of PayPal from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Weiss Ratings restated a “hold (c)” rating on shares of PayPal in a research note on Wednesday, October 8th. Cowen reiterated a “mixed” rating on shares of PayPal in a research note on Wednesday, October 29th. Finally, KeyCorp reissued a “hold” rating on shares of PayPal in a report on Wednesday, October 22nd. Sixteen equities 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’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $82.06.

PayPal Price Performance

NASDAQ:PYPL opened at $61.83 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34. The company has a 50 day moving average price of $67.23 and a 200-day moving average price of $69.93. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The firm has a market cap of $57.85 billion, a price-to-earnings ratio of 12.39, a price-to-earnings-growth ratio of 0.83 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last released its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating the consensus estimate of $1.20 by $0.14. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The company had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. During the same quarter last year, the business earned $1.20 earnings per share. The firm’s revenue was up 7.3% on a year-over-year basis. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, November 19th. PayPal’s payout ratio is currently 11.22%.

Insiders Place Their Bets

In other news, CAO Chris Natali sold 1,374 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $69.13, for a total value of $94,984.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Suzan Kereere sold 12,500 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $68.87, for a total value of $860,875.00. Following the transaction, the insider owned 30,983 shares in the company, valued at $2,133,799.21. This trade represents a 28.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 36,156 shares of company stock worth $2,432,524. 0.08% of the stock is owned by company insiders.

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.