PayPal (NASDAQ:PYPL) Shares Down 2.8% Following Insider Selling

Shares of PayPal Holdings, Inc. (NASDAQ:PYPL) were down 2.8% during mid-day trading on Thursday after an insider sold shares in the company. The stock traded as low as $65.15 and last traded at $65.33. Approximately 13,046,436 shares traded hands during trading, an increase of 7% from the average daily volume of 12,150,589 shares. The stock had previously closed at $67.20.

Specifically, EVP Aaron Webster sold 9,282 shares of the firm’s stock in a transaction that occurred on 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 transaction, 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Wall Street Analyst Weigh In

PYPL has been the subject of a number of research analyst reports. Citigroup upgraded shares of PayPal to a “hold” rating in a report on Thursday, October 23rd. Canaccord Genuity Group lifted their price target on PayPal from $96.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Needham & Company LLC reissued a “hold” rating on shares of PayPal in a research note on Tuesday, October 28th. Mizuho set a $84.00 target price on PayPal in a report on Thursday, October 30th. Finally, 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 report on Tuesday, September 16th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, PayPal presently has a consensus rating of “Hold” and a consensus price target of $82.94.

PayPal Price Performance

The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34. The firm has a market capitalization of $61.13 billion, a price-to-earnings ratio of 13.09, a PEG ratio of 0.99 and a beta of 1.45. The company’s 50-day moving average is $68.60 and its 200-day moving average is $70.42.

PayPal (NASDAQ:PYPL) last issued its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share 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 the consensus estimate of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The company’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the business 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. On average, research analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.9%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in PayPal during the second quarter worth $921,570,000. Nuveen LLC acquired a new stake in shares of PayPal during the first quarter worth approximately $529,264,000. Goldman Sachs Group Inc. raised its position 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 valued at $558,499,000 after purchasing an additional 2,638,815 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in PayPal by 35.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 8,177,536 shares of the credit services provider’s stock valued at $548,520,000 after buying an additional 2,160,227 shares during the last quarter. Finally, Lazard Asset Management LLC grew its holdings in PayPal by 1,066.0% during the 2nd quarter. Lazard Asset Management LLC now owns 2,106,215 shares of the credit services provider’s stock worth $156,532,000 after acquiring an additional 1,925,583 shares during the period. 68.32% of the stock is owned by hedge funds and other institutional investors.

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.