PayPal Holdings, Inc. $PYPL Shares Acquired by United Asset Strategies Inc.

United Asset Strategies Inc. lifted its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 3.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,573 shares of the credit services provider’s stock after purchasing an additional 1,562 shares during the period. United Asset Strategies Inc.’s holdings in PayPal were worth $3,536,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Gordian Capital Singapore Pte Ltd grew its holdings in shares of PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 138 shares during the last quarter. GSB Wealth Management LLC grew its stake in shares of PayPal by 1.7% during the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after purchasing an additional 140 shares during the period. CreativeOne Wealth LLC lifted its position in shares of PayPal by 1.5% during the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock valued at $613,000 after acquiring an additional 142 shares during the period. Pitti Group Wealth Management LLC grew its holdings in PayPal by 1.5% in the second quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock valued at $761,000 after purchasing an additional 147 shares during the last quarter. Finally, MONECO Advisors LLC lifted its holdings in shares of PayPal by 0.8% in the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock valued at $1,334,000 after purchasing an additional 154 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors and hedge funds.

PayPal Trading Up 1.7%

NASDAQ PYPL opened at $67.40 on Wednesday. The company has a market capitalization of $63.06 billion, a PE ratio of 13.51, a price-to-earnings-growth ratio of 0.98 and a beta of 1.45. The firm’s fifty day simple moving average is $68.65 and its 200-day simple moving average is $70.44. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL) last released its quarterly 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. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The company had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. During the same quarter in the prior year, the company posted $1.20 EPS. The firm’s revenue was up 7.3% on a year-over-year basis. 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, sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The firm also recently announced 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 0.8%. The ex-dividend date is Wednesday, November 19th.

Insider Buying and Selling

In other news, EVP Diego Scotti sold 3,838 shares of the stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $68.97, for a total transaction of $264,706.86. Following the sale, the executive vice president owned 16,989 shares in the company, valued at approximately $1,171,731.33. This represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Suzan Kereere sold 12,500 shares of PayPal stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $68.87, for a total value of $860,875.00. Following the completion of the sale, the insider directly owned 30,983 shares of the company’s stock, valued at $2,133,799.21. This trade represents a 28.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 26,874 shares of company stock valued at $1,856,968 over the last quarter. Corporate insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on PYPL. Wall Street Zen raised shares of PayPal from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. BMO Capital Markets reiterated a “market perform” rating on shares of PayPal in a research note on Tuesday, July 29th. Truist Financial raised their target price on PayPal from $65.00 to $66.00 and gave the company a “sell” rating in a report on Tuesday, November 4th. Needham & Company LLC reiterated a “hold” rating on shares of PayPal in a report on Tuesday, October 28th. Finally, Canaccord Genuity Group lifted their price target on shares of PayPal from $96.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Fifteen research 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $82.94.

PayPal Company 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.