PayPal Holdings, Inc. $PYPL Shares Sold by WNY Asset Management LLC

WNY Asset Management LLC reduced its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 2.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,939 shares of the credit services provider’s stock after selling 177 shares during the quarter. WNY Asset Management LLC’s holdings in PayPal were worth $516,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of PYPL. Evermay Wealth Management LLC boosted its holdings in shares of PayPal by 726.0% in the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $27,000 after acquiring an additional 363 shares during the period. Hilltop National Bank acquired a new stake in shares of PayPal in the second quarter valued at approximately $27,000. Gordian Capital Singapore Pte Ltd boosted its holdings in shares of PayPal by 41.2% in the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after acquiring an additional 138 shares during the period. Cornerstone Planning Group LLC boosted its holdings in shares of PayPal by 41.7% in the first quarter. Cornerstone Planning Group LLC now owns 666 shares of the credit services provider’s stock valued at $42,000 after acquiring an additional 196 shares during the period. Finally, American National Bank & Trust boosted 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 valued at $45,000 after acquiring an additional 210 shares during the period. 68.32% of the stock is owned by institutional investors and hedge funds.

PayPal Stock Up 3.9%

PYPL opened at $73.02 on Wednesday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. The firm has a market cap of $69.76 billion, a P/E ratio of 15.60, a PEG ratio of 1.09 and a beta of 1.44. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The business’s fifty day simple moving average is $69.03 and its 200 day simple moving average is $70.01.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. The business had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.20 earnings per share. 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, equities research analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Dividend Announcement

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

Insider Activity at PayPal

In related news, CAO Chris Natali sold 7,102 shares of the stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the sale, the insider directly owned 48,483 shares in the company, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 15,102 shares of company stock valued at $1,046,607 over the last quarter. Insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Piper Sandler set a $74.00 price objective on PayPal in a report on Tuesday, July 29th. KeyCorp restated a “hold” rating on shares of PayPal in a research note on Wednesday, October 22nd. UBS Group set a $80.00 price objective on PayPal and gave the stock a “neutral” rating in a research report on Wednesday. Wells Fargo & Company upgraded PayPal to a “hold” rating in a research report on Wednesday, October 22nd. Finally, JMP Securities cut their price objective on PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a research report on Wednesday, July 30th. Fifteen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, PayPal presently has an average rating of “Hold” and an average target price of $82.89.

About PayPal

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.