PayPal (NASDAQ:PYPL) Stock Price Down 3.3% – Time to Sell?

Shares of PayPal Holdings, Inc. (NASDAQ:PYPL) fell 3.3% during trading on Thursday . The stock traded as low as $58.00 and last traded at $58.11. 20,765,445 shares were traded during mid-day trading, an increase of 68% from the average session volume of 12,380,355 shares. The stock had previously closed at $60.11.

Analyst Ratings Changes

PYPL has been the subject of several research reports. Argus lifted their target price on shares of PayPal from $81.00 to $87.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft set a $75.00 price target on PayPal in a research report on Tuesday, July 29th. Robert W. Baird set a $83.00 price objective on PayPal in a report on Wednesday, October 29th. TD Cowen raised their target price on PayPal from $75.00 to $80.00 and gave the company a “hold” rating in a report on Wednesday, October 29th. Finally, Rothschild & Co Redburn boosted their price target on shares of PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 16th. Fifteen investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $82.56.

PayPal Stock Down 3.3%

The firm has a market cap of $54.36 billion, a PE ratio of 11.64, a PEG ratio of 0.82 and a beta of 1.45. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56. The firm has a 50 day moving average price of $68.05 and a 200-day moving average price of $70.29.

PayPal (NASDAQ:PYPL) last released its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The firm had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. During the same period in the prior year, the firm earned $1.20 earnings per share. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. 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 EPS 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 given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, November 19th.

Insiders Place Their Bets

In other PayPal news, CAO Chris Natali sold 1,374 shares of the firm’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $69.13, for a total value of $94,984.62. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $68.97, for a total value of $264,706.86. Following the sale, the executive vice president directly owned 16,989 shares of the company’s stock, valued at $1,171,731.33. This trade represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 31,994 shares of company stock worth $2,183,470. 0.08% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On PayPal

Several hedge funds have recently added to or reduced their stakes in PYPL. Vanguard Group Inc. boosted its holdings in shares of PayPal by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock valued at $5,625,976,000 after buying an additional 276,339 shares in the last quarter. Capital Research Global Investors lifted its position in PayPal by 2.3% in the third quarter. Capital Research Global Investors now owns 27,953,803 shares of the credit services provider’s stock valued at $1,874,637,000 after acquiring an additional 636,441 shares during the last quarter. Norges Bank acquired a new position in PayPal in the second quarter valued at $921,570,000. Artisan Partners Limited Partnership boosted its stake in PayPal by 1.6% in the second quarter. Artisan Partners Limited Partnership now owns 11,992,031 shares of the credit services provider’s stock valued at $891,248,000 after acquiring an additional 184,014 shares in the last quarter. Finally, Deutsche Bank AG grew its holdings in shares of PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after purchasing an additional 1,798,330 shares during the last quarter. 68.32% of the stock is currently owned by hedge funds and other 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.