PayPal Holdings, Inc. $PYPL Shares Sold by Flossbach Von Storch SE

Flossbach Von Storch SE lowered its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 30.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 341,868 shares of the credit services provider’s stock after selling 150,325 shares during the period. Flossbach Von Storch SE’s holdings in PayPal were worth $25,408,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. DJE Kapital AG raised its stake in shares of PayPal by 29.1% during the second quarter. DJE Kapital AG now owns 109,401 shares of the credit services provider’s stock valued at $8,115,000 after purchasing an additional 24,649 shares in the last quarter. Acadian Asset Management LLC increased its stake in PayPal by 317.8% during the 2nd quarter. Acadian Asset Management LLC now owns 365,000 shares of the credit services provider’s stock valued at $27,123,000 after buying an additional 277,642 shares during the period. Global Wealth Management Investment Advisory Inc. raised its position in shares of PayPal by 2.9% during the 2nd quarter. Global Wealth Management Investment Advisory Inc. now owns 30,857 shares of the credit services provider’s stock worth $2,293,000 after buying an additional 875 shares in the last quarter. CSM Advisors LLC lifted its stake in shares of PayPal by 4.9% in the 2nd quarter. CSM Advisors LLC now owns 252,861 shares of the credit services provider’s stock worth $18,788,000 after acquiring an additional 11,880 shares during the period. Finally, Sound View Wealth Advisors Group LLC acquired a new stake in shares of PayPal in the 2nd quarter worth approximately $220,000. Institutional investors own 68.32% of the company’s stock.

Wall Street Analysts Forecast Growth

PYPL has been the topic of several recent analyst reports. Jefferies Financial Group boosted their target price on PayPal from $70.00 to $75.00 and gave the stock a “hold” rating in a report on Wednesday, October 29th. BNP Paribas Exane lifted their price target on PayPal from $69.00 to $71.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Robert W. Baird set a $83.00 price objective on PayPal in a report on Wednesday, October 29th. Compass Point reaffirmed a “sell” rating and set a $66.00 target price on shares of PayPal in a research note on Wednesday, October 29th. Finally, Cowen reiterated a “mixed” rating on shares of PayPal in a research report on Wednesday, October 29th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $83.03.

Insider Activity

In related news, insider Suzan Kereere sold 12,500 shares of the company’s stock in a transaction that occurred 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 owned 30,983 shares in the company, valued at approximately $2,133,799.21. This represents a 28.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 26,874 shares of company stock worth $1,856,968 over the last 90 days. 0.08% of the stock is owned by company insiders.

PayPal Stock Performance

Shares of NASDAQ PYPL opened at $66.22 on Friday. The stock’s fifty day simple moving average is $68.77 and its 200 day simple moving average is $70.36. The stock has a market capitalization of $61.96 billion, a price-to-earnings ratio of 13.27, a PEG 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 Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66.

PayPal (NASDAQ:PYPL) last released its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. The business 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%.PayPal’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the company posted $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. As a group, sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Announces Dividend

The company 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 $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.

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.