PayPal Holdings, Inc. $PYPL Shares Sold by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. lowered its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 8.6% in the second quarter, HoldingsChannel reports. The institutional investor owned 640,741 shares of the credit services provider’s stock after selling 60,156 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in PayPal were worth $47,620,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in PYPL. Nuveen LLC acquired a new position in shares of PayPal in the 1st quarter valued at $529,264,000. Goldman Sachs Group Inc. lifted its position in PayPal by 44.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock worth $558,499,000 after acquiring an additional 2,638,815 shares during the period. Deutsche Bank AG grew its stake in PayPal by 19.1% during the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after purchasing an additional 1,798,330 shares during the last quarter. Invesco Ltd. increased its holdings in shares of PayPal by 14.9% in the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock valued at $620,924,000 after purchasing an additional 1,232,155 shares during the period. Finally, Jupiter Asset Management Ltd. increased its holdings in shares of PayPal by 301.7% in the first quarter. Jupiter Asset Management Ltd. now owns 1,156,955 shares of the credit services provider’s stock valued at $75,491,000 after purchasing an additional 868,953 shares during the period. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at PayPal

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the stock in a transaction dated 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 in the company, valued at approximately $1,171,731.33. This represents a 18.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 stock was 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. Insiders sold 14,374 shares of company stock valued at $996,093 over the last 90 days. 0.08% of the stock is currently owned by corporate insiders.

PayPal Price Performance

Shares of NASDAQ PYPL opened at $69.27 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.34. The firm has a fifty day moving average of $69.06 and a 200 day moving average of $70.15. The firm has a market cap of $64.81 billion, a PE ratio of 13.88, a PEG ratio of 1.02 and a beta of 1.44. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.14. The company had revenue of $8.42 billion for the quarter, compared to analysts’ expectations of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.PayPal’s revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. As a group, research analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, November 19th.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. KeyCorp reaffirmed a “hold” rating on shares of PayPal in a report on Wednesday, October 22nd. HSBC raised their price target on shares of PayPal from $86.00 to $93.00 and gave the stock a “buy” rating in a research report on Wednesday. Mizuho set a $84.00 price objective on shares of PayPal in a report on Thursday. BNP Paribas Exane increased their price objective on shares of PayPal from $69.00 to $71.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Argus raised their target price on shares of PayPal from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Wednesday. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, PayPal has an average rating of “Hold” and a consensus price target of $83.10.

PayPal 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.