Chris Natali Sells 552 Shares of PayPal (NASDAQ:PYPL) Stock

PayPal Holdings, Inc. (NASDAQ:PYPL) CAO Chris Natali sold 552 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $54.80, for a total transaction of $30,249.60. Following the transaction, the chief accounting officer directly owned 2,400 shares in the company, valued at approximately $131,520. The trade was a 18.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chris Natali also recently made the following trade(s):

• On Wednesday, July 29th, Chris Natali sold 1,337 shares of PayPal stock. The stock was sold at an average price of $58.10, for a total transaction of $77,679.70.

PayPal Trading Down 1.9%

Shares of NASDAQ:PYPL opened at $52.17 on Thursday. The company has a 50 day moving average of $55.62 and a 200-day moving average of $48.91. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.55. The firm has a market cap of $44.63 billion, a P/E ratio of 9.86, a P/E/G ratio of 1.13 and a beta of 1.28. PayPal Holdings, Inc. has a twelve month low of $38.46 and a twelve month high of $79.21.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Tuesday, July 28th. The credit services provider reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. PayPal had a net margin of 14.36% and a return on equity of 24.39%. The business had revenue of $8.68 billion for the quarter, compared to analyst estimates of $8.47 billion. During the same quarter last year, the business earned $1.40 earnings per share. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. As a group, analysts anticipate that PayPal Holdings, Inc. will post 5.38 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be given a dividend of $0.14 per share. The ex-dividend date is Friday, September 4th. This represents a $0.56 annualized dividend and a dividend yield of 1.1%. PayPal’s dividend payout ratio (DPR) is 10.59%.

Institutional Investors Weigh In On PayPal

Institutional investors and hedge funds have recently modified their holdings of the stock. Brighton Jones LLC boosted its position in shares of PayPal by 15.2% in the 4th quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock valued at $596,000 after purchasing an additional 924 shares during the period. Revolve Wealth Partners LLC acquired a new stake in PayPal during the 4th quarter worth about $248,000. Sivia Capital Partners LLC raised its holdings in PayPal by 41.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,470 shares of the credit services provider’s stock worth $332,000 after buying an additional 1,310 shares during the period. United Bank lifted its stake in PayPal by 40.1% during the second quarter. United Bank now owns 17,388 shares of the credit services provider’s stock valued at $1,292,000 after buying an additional 4,974 shares in the last quarter. Finally, Federated Hermes Inc. lifted its stake in PayPal by 17.9% during the second quarter. Federated Hermes Inc. now owns 18,909 shares of the credit services provider’s stock valued at $1,405,000 after buying an additional 2,865 shares in the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently weighed in on PYPL. Clear Str upgraded PayPal to a “hold” rating in a report on Thursday, July 16th. BTIG Research reiterated a “neutral” rating on shares of PayPal in a research report on Wednesday, July 15th. Weiss Ratings raised shares of PayPal from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, August 24th. The Goldman Sachs Group set a $50.00 price objective on shares of PayPal in a research report on Tuesday, July 28th. Finally, Loop Capital lowered their price objective on shares of PayPal from $62.00 to $50.00 and set a “hold” rating on the stock in a research note on Friday, August 28th. Nine research analysts have rated the stock with a Buy rating, thirty-four have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $56.03.

PayPal News Summary

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal, M0 and MoonPay launched PYUSDx, a developer platform that allows businesses to build financial products using PayPal’s PYUSD stablecoin. The platform reportedly has three live projects and more than $100 million in processed volume, strengthening PayPal’s position in digital assets and potentially creating new transaction revenue opportunities. PayPal Debuts Developer Platform Tied to PYUSD Stablecoin
• Positive Sentiment: Analysts and investors continue to point to PayPal’s low valuation, recent earnings beat and stablecoin growth as potential turnaround catalysts. The company’s latest quarter included $1.38 in adjusted earnings per share versus a $1.28 consensus estimate and revenue growth of 4.8% year over year. PayPal’s Takeover Story Ended, But Its Turnaround Story Didn’t
• Neutral Sentiment: PayPal presented at the Goldman Sachs Communacopia + Technology Conference, giving investors another opportunity to assess management’s strategy and outlook. However, the available report is a transcript listing without specific new financial guidance or forecasts. PayPal Goldman Sachs conference transcript
• Neutral Sentiment: Insiders, including Frank Keller, Suzan Kereere and Chief Accounting Officer Chris Natali, sold shares worth roughly $474,000 combined. Because the transactions were made under pre-arranged Rule 10b5-1 plans, they provide only a limited signal about management’s current view of PYPL. PayPal insider selling
• Negative Sentiment: The proposed $60.50-per-share acquisition by Stripe and Advent collapsed, removing a near-term takeover premium and leaving investors reliant on PayPal’s standalone turnaround. PayPal takeover story ended
• Negative Sentiment: PayPal is reportedly conducting broad layoffs, including approximately 220 job cuts in India. Although the reductions could improve efficiency and margins, investors may interpret them as evidence of ongoing growth or operating pressures. PayPal layoffs

About PayPal

PayPal Holdings, Inc is a digital payments and financial technology company that operates a global platform for consumers and businesses. Its services enable customers to send and receive money, make purchases online and in stores, and accept payments through digital checkout solutions. PayPal supports transactions using linked bank accounts, debit and credit cards, stored balances and other payment methods.

The company’s consumer and merchant offerings include the PayPal wallet, PayPal Checkout, PayPal Zettle point-of-sale tools, PayPal Braintree payment processing and PayPal Complete Payments.