CGN Advisors LLC Purchases 9,020 Shares of PayPal Holdings, Inc. $PYPL

CGN Advisors LLC boosted its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 32.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,773 shares of the credit services provider’s stock after purchasing an additional 9,020 shares during the quarter. CGN Advisors LLC’s holdings in PayPal were worth $1,588,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of PYPL. Vanguard Group Inc. increased its position in shares of PayPal by 6.5% in the fourth quarter. Vanguard Group Inc. now owns 90,376,927 shares of the credit services provider’s stock valued at $5,276,205,000 after acquiring an additional 5,534,462 shares during the last quarter. Rule One Partners LLC acquired a new position in PayPal during the fourth quarter valued at approximately $2,043,000. Swiss National Bank grew its stake in PayPal by 4.9% in the first quarter. Swiss National Bank now owns 2,608,600 shares of the credit services provider’s stock valued at $117,987,000 after purchasing an additional 121,400 shares in the last quarter. Easterly Investment Partners LLC grew its stake in PayPal by 705.2% in the fourth quarter. Easterly Investment Partners LLC now owns 100,651 shares of the credit services provider’s stock valued at $5,876,000 after purchasing an additional 88,151 shares in the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of PayPal by 76.0% during the 1st quarter. International Assets Investment Management LLC now owns 54,458 shares of the credit services provider’s stock worth $2,430,000 after purchasing an additional 23,516 shares during the last quarter. Institutional investors own 68.32% of the company’s stock.

Insiders Place Their Bets

In other news, insider Suzan Kereere sold 3,379 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $42.79, for a total transaction of $144,587.41. Following the completion of the sale, the insider owned 30,983 shares in the company, valued at $1,325,762.57. The trade was a 9.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Chris Natali sold 1,337 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $58.10, for a total value of $77,679.70. Following the completion of the transaction, the chief accounting officer directly owned 2,216 shares in the company, valued at $128,749.60. The trade was a 37.63% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 10,612 shares of company stock worth $484,534 over the last three months. Insiders own 0.63% of the company’s stock.

PayPal Stock Down 1.0%

PYPL opened at $57.93 on Thursday. The stock’s fifty day simple moving average is $47.88 and its 200 day simple moving average is $47.05. PayPal Holdings, Inc. has a 1-year low of $38.46 and a 1-year high of $79.21. The stock has a market cap of $49.56 billion, a PE ratio of 10.95, a price-to-earnings-growth ratio of 1.43 and a beta of 1.30. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.55.

PayPal (NASDAQ:PYPL) last released its quarterly earnings data on Tuesday, July 28th. The credit services provider reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.10. The firm had revenue of $8.68 billion during the quarter, compared to analysts’ expectations of $8.47 billion. PayPal had a net margin of 14.36% and a return on equity of 24.39%. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.40 earnings per share. As a group, research analysts expect that PayPal Holdings, Inc. will post 5.36 earnings per share for the current year.

PayPal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, September 4th. PayPal’s dividend payout ratio is currently 10.59%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PYPL. Jefferies Financial Group upgraded PayPal from a “hold” rating to a “buy” rating in a research note on Tuesday, July 28th. Truist Financial set a $59.00 target price on shares of PayPal in a report on Wednesday. Weiss Ratings reiterated a “hold (c-)” rating on shares of PayPal in a research note on Friday, May 8th. Cantor Fitzgerald lifted their price objective on shares of PayPal from $54.00 to $60.00 and gave the company a “neutral” rating in a research report on Monday. Finally, Mizuho boosted their price objective on shares of PayPal from $50.00 to $60.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating, thirty-four have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, PayPal currently has a consensus rating of “Hold” and a consensus target price of $55.72.

Trending Headlines about PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Quarterly beat and higher guidance: PayPal reported $8.68 billion in revenue and $1.38 in non-GAAP EPS, exceeding analyst expectations. The company also raised its 2026 outlook, supporting the view that its checkout, Venmo and Braintree initiatives are gaining traction. PayPal acquisition interest article
• Positive Sentiment: Acquisition interest highlights valuation: Reports that Stripe has made a buyout proposal have reinforced arguments that PayPal is undervalued. Commentary suggests PayPal’s response and recent performance imply that any offer near $60 per share may not adequately reflect the company’s earnings potential. PayPal to Stripe: The Offer Is Too Low
• Positive Sentiment: Analyst support: Cantor Fitzgerald raised its PayPal price target to $60, while a related report cited an analyst upgrade. The target provides modest upside from recent trading levels and may help investor sentiment. Cantor Fitzgerald raises PayPal price target
• Positive Sentiment: Stablecoin opportunity: PayPal’s stablecoin activities position it to participate in expanding digital-payment and blockchain transaction volumes, although the financial contribution remains uncertain. Stablecoin market article
• Neutral Sentiment: New business-unit targets: PayPal plans to establish revenue targets for its three core units for the first time. The move could improve transparency and accountability, but investors will look for the specific targets and evidence of execution. PayPal sets revenue targets
• Negative Sentiment: Industry margin risks: Rising technology costs and pressure on consumer spending could offset cross-border-payment growth and strategic expansion, creating concerns about future margins across the payments sector. Financial transaction stocks in focus
• Negative Sentiment: Insider selling: PayPal’s chief accounting officer sold 38% of his directly held shares. While the sale does not necessarily indicate deteriorating fundamentals, it can weigh on sentiment after the stock’s recent rebound. PayPal insider share sale

About PayPal

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.