Olympiad Research LP Acquires New Position in PayPal Holdings, Inc. $PYPL

Olympiad Research LP bought a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,962 shares of the credit services provider’s stock, valued at approximately $294,000.

Other hedge funds also recently bought and sold shares of the company. Evermay Wealth Management LLC grew its position in shares of PayPal by 726.0% during the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 363 shares in the last quarter. Hilltop National Bank purchased a new stake in PayPal during the 2nd quarter valued at approximately $27,000. MUFG Securities EMEA plc raised its position in shares of PayPal by 100.4% during the second quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock valued at $29,000 after buying an additional 87,524 shares during the last quarter. Gordian Capital Singapore Pte Ltd raised its position 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 valued at $31,000 after buying an additional 138 shares during the last quarter. Finally, American National Bank & Trust lifted its holdings in shares of PayPal by 52.5% in the second quarter. American National Bank & Trust now owns 610 shares of the credit services provider’s stock worth $45,000 after buying an additional 210 shares in the last quarter. Institutional investors own 68.32% of the company’s stock.

PayPal Stock Down 2.8%

Shares of NASDAQ PYPL opened at $65.33 on Friday. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The firm has a 50-day simple moving average of $68.54 and a two-hundred day simple moving average of $70.39. The company has a market cap of $61.13 billion, a P/E ratio of 13.09, a PEG ratio of 0.99 and a beta of 1.45. 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:PYPLGet Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.14. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The firm had revenue of $8.42 billion for the quarter, compared to the consensus estimate of $8.21 billion. During the same period in the prior year, the business posted $1.20 earnings per share. The company’s revenue for the quarter 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. Research analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be issued a $0.14 dividend. The ex-dividend date is Wednesday, November 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.9%.

Wall Street Analysts Forecast Growth

PYPL has been the subject of a number of research reports. The Goldman Sachs Group upped their target price on shares of PayPal from $70.00 to $72.00 and gave the stock a “sell” rating in a research report on Wednesday, October 29th. HSBC increased their price objective on shares of PayPal from $86.00 to $93.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Needham & Company LLC reiterated a “hold” rating on shares of PayPal in a research report on Tuesday, October 28th. KGI Securities dropped their price target on PayPal from $85.00 to $80.00 in a research note on Monday. Finally, Royal Bank Of Canada raised their price target on PayPal from $88.00 to $91.00 and gave the company an “outperform” rating in a report on Tuesday, October 28th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, PayPal has an average rating of “Hold” and an average price target of $82.94.

Read Our Latest Stock Report on PayPal

Insider Activity at PayPal

In other PayPal news, insider Suzan Kereere sold 12,500 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $68.87, for a total value of $860,875.00. Following the completion of the sale, the insider directly owned 30,983 shares of the company’s stock, valued at $2,133,799.21. The trade was a 28.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $68.97, for a total value of $264,706.86. Following the completion of the sale, the executive vice president owned 16,989 shares of the company’s stock, valued at $1,171,731.33. The trade was a 18.43% 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 $2,472,271. 0.08% of the stock is currently owned by corporate insiders.

About PayPal

(Free Report)

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.

Read More

Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

Receive News & Ratings for PayPal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal and related companies with MarketBeat.com's FREE daily email newsletter.