Metis Global Partners LLC Lowers Stock Position in PayPal Holdings, Inc. $PYPL

Metis Global Partners LLC reduced its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 8.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 49,355 shares of the credit services provider’s stock after selling 4,329 shares during the quarter. Metis Global Partners LLC’s holdings in PayPal were worth $3,668,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Marco Investment Management LLC grew its stake in PayPal by 6.1% during the second quarter. Marco Investment Management LLC now owns 48,608 shares of the credit services provider’s stock worth $3,613,000 after buying an additional 2,800 shares during the period. Wedbush Securities Inc. increased its holdings in PayPal by 7.3% in the 2nd quarter. Wedbush Securities Inc. now owns 22,044 shares of the credit services provider’s stock valued at $1,638,000 after purchasing an additional 1,509 shares in the last quarter. Bastion Asset Management Inc. acquired a new position in shares of PayPal during the second quarter worth about $17,321,000. Mcrae Capital Management Inc. boosted its position in shares of PayPal by 1.4% in the second quarter. Mcrae Capital Management Inc. now owns 188,290 shares of the credit services provider’s stock worth $13,994,000 after buying an additional 2,509 shares during the period. Finally, OneAscent Wealth Management LLC acquired a new stake in shares of PayPal in the second quarter valued at about $213,000. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other PayPal news, insider Suzan Kereere sold 12,500 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $68.87, for a total transaction of $860,875.00. Following the transaction, the insider directly owned 30,983 shares of the company’s stock, valued at $2,133,799.21. This represents a 28.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the business’s 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 completion of the sale, the executive vice president directly 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 disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 26,874 shares of company stock worth $1,856,968. Corporate insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on PYPL shares. HSBC boosted their price target on PayPal from $86.00 to $93.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Cowen reissued a “mixed” rating on shares of PayPal in a research report on Wednesday, October 29th. TD Cowen upped their price target on shares of PayPal from $75.00 to $80.00 and gave the company a “hold” rating in a report on Wednesday, October 29th. Argus raised their price objective on shares of PayPal from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, Wells Fargo & Company raised shares of PayPal to a “hold” rating in a research report on Wednesday, October 22nd. 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, PayPal has an average rating of “Hold” and a consensus price target of $83.03.

PayPal Stock Down 0.1%

Shares of PayPal stock opened at $66.22 on Friday. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The company has a market cap of $61.96 billion, a P/E ratio of 13.27, a P/E/G ratio of 0.98 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 stock has a 50-day moving average price of $68.77 and a 200 day moving average price of $70.36.

PayPal (NASDAQ:PYPL) last announced 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. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The business had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.21 billion. During the same period last year, the company earned $1.20 earnings per share. PayPal’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. As a group, analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Dividend Announcement

The firm 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 $0.14 dividend. 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.

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.