Sigma Planning Corp Sells 798 Shares of PayPal Holdings, Inc. $PYPL

Sigma Planning Corp trimmed its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 10.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,205 shares of the credit services provider’s stock after selling 798 shares during the period. Sigma Planning Corp’s holdings in PayPal were worth $535,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in PYPL. Brighton Jones LLC increased its position in shares of PayPal by 15.2% during the fourth quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock valued at $596,000 after buying an additional 924 shares during the period. Revolve Wealth Partners LLC purchased a new position in PayPal during the fourth quarter valued at approximately $248,000. Alps Advisors Inc. grew its stake in PayPal by 13.4% during the first quarter. Alps Advisors Inc. now owns 17,564 shares of the credit services provider’s stock valued at $1,146,000 after acquiring an additional 2,076 shares in the last quarter. Xponance Inc. increased its holdings in PayPal by 0.5% during the 1st quarter. Xponance Inc. now owns 149,901 shares of the credit services provider’s stock worth $9,781,000 after acquiring an additional 804 shares during the period. Finally, Realta Investment Advisors lifted its stake in PayPal by 106.3% in the 1st quarter. Realta Investment Advisors now owns 14,714 shares of the credit services provider’s stock worth $960,000 after purchasing an additional 7,582 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Argus boosted their price target on shares of PayPal from $81.00 to $87.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. BMO Capital Markets restated a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. TD Cowen upped their target price on PayPal from $75.00 to $80.00 and gave the stock a “hold” rating in a research note on Wednesday, October 29th. Truist Financial raised their price target on PayPal from $65.00 to $66.00 and gave the company a “sell” rating in a report on Tuesday, November 4th. Finally, UBS Group boosted their price objective on PayPal from $75.00 to $80.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Fifteen equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $83.03.

Insider Activity at PayPal

In related news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $68.97, for a total value of $264,706.86. Following the transaction, the executive vice president owned 16,989 shares in the company, valued at $1,171,731.33. This trade represents a 18.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Suzan Kereere sold 12,500 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $68.87, for a total transaction 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 represents a 28.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 26,874 shares of company stock valued at $1,856,968. Insiders own 0.08% of the company’s stock.

PayPal Trading Down 0.1%

Shares of PYPL stock opened at $66.22 on Friday. The business has a 50-day moving average price of $68.77 and a two-hundred day moving average price of $70.36. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. The firm has a market cap of $61.96 billion, a P/E ratio of 13.27, a price-to-earnings-growth ratio of 0.98 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last released its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates 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 previous year, the company posted $1.20 EPS. PayPal’s quarterly revenue was up 7.3% compared to the same quarter last year. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Equities analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Announces Dividend

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

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.