PayPal (NASDAQ:PYPL) Insider Sells $860,875.00 in Stock

PayPal Holdings, Inc. (NASDAQ:PYPL) insider Suzan Kereere sold 12,500 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $68.87, for a total transaction of $860,875.00. Following the completion of the sale, the insider owned 30,983 shares of the company’s stock, valued at approximately $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 accessible through this hyperlink.

Suzan Kereere also recently made the following trade(s):

• On Thursday, October 30th, Suzan Kereere sold 5,000 shares of PayPal stock. The shares were sold at an average price of $69.52, for a total value of $347,600.00.
• On Tuesday, August 19th, Suzan Kereere sold 4,162 shares of PayPal stock. The shares were sold at an average price of $69.39, for a total transaction of $288,801.18.

PayPal Price Performance

NASDAQ:PYPL traded down $2.26 during trading hours on Tuesday, hitting $66.08. The stock had a trading volume of 19,598,579 shares, compared to its average volume of 12,178,754. The company has a 50 day simple moving average of $69.04 and a two-hundred day simple moving average of $70.27. 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 Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The firm has a market capitalization of $61.83 billion, a price-to-earnings ratio of 13.24, a P/E/G ratio of 1.02 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last announced its earnings results 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 during the quarter, compared to analyst estimates of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the business 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. Research analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders 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 dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, November 19th.

Analysts Set New Price Targets

Several equities research analysts have commented on PYPL shares. BMO Capital Markets reissued a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. BNP Paribas Exane increased their price target on shares of PayPal from $69.00 to $71.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Macquarie raised their price objective on shares of PayPal from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, October 29th. Wall Street Zen upgraded shares of PayPal from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, HSBC lifted their price target on shares of PayPal from $86.00 to $93.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Fifteen equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $83.03.

Institutional Trading of PayPal

Institutional investors and hedge funds have recently made changes to their positions in the company. Evermay Wealth Management LLC increased its position in PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $27,000 after purchasing an additional 363 shares during the period. Hilltop National Bank purchased a new stake in shares of PayPal in the 2nd quarter worth approximately $27,000. MUFG Securities EMEA plc boosted its stake 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 purchasing an additional 87,524 shares in the last quarter. Cloud Capital Management LLC purchased a new position in PayPal during the third quarter valued at approximately $30,000. Finally, Gordian Capital Singapore Pte Ltd increased its holdings in 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 period. 68.32% of the stock is currently owned by institutional investors.

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.