PayPal Holdings, Inc. $PYPL Shares Sold by Forsta AP Fonden

Forsta AP Fonden cut its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 3.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 186,600 shares of the credit services provider’s stock after selling 7,300 shares during the quarter. Forsta AP Fonden’s holdings in PayPal were worth $13,868,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in PayPal by 0.3% during 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 purchasing an additional 276,339 shares during the last quarter. Deutsche Bank AG lifted 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 period. Invesco Ltd. boosted its position in PayPal by 14.9% in the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock valued at $620,924,000 after buying an additional 1,232,155 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in PayPal by 44.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock worth $558,499,000 after buying an additional 2,638,815 shares during the period. Finally, Nuveen LLC purchased a new position in PayPal during the 1st quarter worth approximately $529,264,000. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Insider Activity at PayPal

In other PayPal news, CAO Chris Natali sold 1,374 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Aaron Webster sold 9,282 shares of PayPal stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $66.29, for a total transaction of $615,303.78. Following the completion of the sale, the executive vice president owned 35,699 shares in the company, valued at approximately $2,366,486.71. This trade represents a 20.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 36,156 shares of company stock valued at $2,472,271. Insiders own 0.08% of the company’s stock.

PayPal Price Performance

NASDAQ:PYPL opened at $67.20 on Thursday. 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 Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The stock’s 50-day moving average price is $68.60 and its 200-day moving average price is $70.42. The stock has a market capitalization of $62.88 billion, a PE ratio of 13.47, a price-to-earnings-growth ratio of 0.99 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating the consensus estimate of $1.20 by $0.14. The company had revenue of $8.42 billion for 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%.PayPal’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period last year, the company earned $1.20 earnings per share. 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, equities analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Dividend Announcement

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

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Canaccord Genuity Group upped their price objective on shares of PayPal from $96.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. BMO Capital Markets reaffirmed a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. The Goldman Sachs Group lifted their price objective on PayPal from $70.00 to $72.00 and gave the company a “sell” rating in a research note on Wednesday, October 29th. Wall Street Zen upgraded PayPal from a “hold” rating to a “buy” rating in a research note on Saturday, November 1st. Finally, Mizuho set a $84.00 target price on PayPal in a report on Thursday, October 30th. 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 company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $82.94.

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.