PayPal (NASDAQ:PYPL) Trading Down 1.3% After Insider Selling

PayPal Holdings, Inc. (NASDAQ:PYPLGet Free Report)’s share price dropped 1.3% on Monday following insider selling activity. The company traded as low as $67.71 and last traded at $68.34. Approximately 14,521,937 shares traded hands during trading, an increase of 20% from the average daily volume of 12,141,172 shares. The stock had previously closed at $69.27.

Specifically, CAO Chris Natali sold 1,374 shares of the stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total value of $94,984.62. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Suzan Kereere sold 5,000 shares of the stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $69.52, for a total transaction of $347,600.00. Following the completion of the transaction, the insider directly owned 43,483 shares in the company, valued at $3,022,938.16. The trade was a 10.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In other news, EVP Diego Scotti sold 3,838 shares of the stock in a transaction 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 transaction, the executive vice president owned 16,989 shares of the company’s stock, valued at $1,171,731.33. This represents a 18.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PYPL. Piper Sandler set a $74.00 price objective on shares of PayPal in a research note on Tuesday, July 29th. Rothschild & Co Redburn raised their price objective on PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, September 16th. Mizuho set a $84.00 price objective on PayPal in a report on Thursday. Compass Point restated a “sell” rating and set a $66.00 target price on shares of PayPal in a report on Wednesday, October 29th. Finally, Morgan Stanley restated a “negative” rating on shares of PayPal in a research report on Wednesday, October 29th. Fifteen analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $83.00.

View Our Latest Stock Report on PayPal

PayPal Stock Down 1.3%

The firm has a market cap of $63.94 billion, a PE ratio of 13.70, a PEG ratio of 1.02 and a beta of 1.44. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. The company’s 50-day simple moving average is $69.06 and its two-hundred day simple moving average is $70.22.

PayPal (NASDAQ:PYPLGet Free Report) last posted its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $8.21 billion. During the same period last year, the company posted $1.20 EPS. The company’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. On average, analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Dividend Announcement

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Gordian Capital Singapore Pte Ltd increased its stake in shares of PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 138 shares in the last quarter. GSB Wealth Management LLC increased its stake in shares of PayPal by 1.7% in the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after acquiring an additional 140 shares in the last quarter. CreativeOne Wealth LLC increased its stake in shares of PayPal by 1.5% in the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock worth $613,000 after acquiring an additional 142 shares in the last quarter. Wedmont Private Capital increased its stake in shares of PayPal by 1.6% in the 3rd quarter. Wedmont Private Capital now owns 9,157 shares of the credit services provider’s stock worth $614,000 after acquiring an additional 142 shares in the last quarter. Finally, Pitti Group Wealth Management LLC increased its stake in shares of PayPal by 1.5% in the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock worth $761,000 after acquiring an additional 147 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors.

PayPal Company Profile

(Get 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.

Further Reading

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