PayPal Holdings, Inc. $PYPL Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. trimmed its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 51.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,283 shares of the credit services provider’s stock after selling 6,573 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in PayPal were worth $467,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PYPL. Bastion Asset Management Inc. acquired a new stake in PayPal in the 2nd quarter valued at $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. OneAscent Wealth Management LLC acquired a new stake in shares of PayPal in the second quarter valued at about $213,000. Soltis Investment Advisors LLC acquired a new stake in shares of PayPal in the second quarter valued at about $300,000. Finally, Souders Financial Advisors purchased a new stake in shares of PayPal during the 2nd quarter valued at about $207,000. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on PYPL. Morgan Stanley reaffirmed a “negative” rating on shares of PayPal in a research report on Wednesday, October 29th. TD Cowen upped their target price on shares of PayPal from $75.00 to $80.00 and gave the company a “hold” rating in a research note on Wednesday, October 29th. Macquarie raised their price target on shares of PayPal from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday, October 29th. Canaccord Genuity Group boosted their price objective on shares of PayPal from $96.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, HSBC upped their price objective on shares of PayPal from $86.00 to $93.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Fifteen research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $82.94.

Insiders Place Their Bets

In other news, insider Suzan Kereere sold 12,500 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $68.87, for a total value of $860,875.00. Following the transaction, the insider directly owned 30,983 shares in the company, valued at approximately $2,133,799.21. This trade represents a 28.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed 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 shares were sold at an average price of $68.97, for a total transaction of $264,706.86. Following the sale, the executive vice president directly owned 16,989 shares of the company’s stock, valued at approximately $1,171,731.33. This represents a 18.43% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 26,874 shares of company stock valued at $1,856,968. Company insiders own 0.08% of the company’s stock.

PayPal Stock Up 1.7%

Shares of PayPal stock opened at $67.40 on Wednesday. The business has a 50-day moving average price of $68.65 and a 200 day moving average price of $70.44. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The firm has a market cap of $63.06 billion, a P/E ratio of 13.51, a P/E/G ratio of 0.98 and a beta of 1.45. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL) last issued 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. The company had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The business’s revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. On average, sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Announces Dividend

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

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.