Wedbush Securities Inc. Boosts Stock Position in PayPal Holdings, Inc. $PYPL

Wedbush Securities Inc. lifted its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 7.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,044 shares of the credit services provider’s stock after acquiring an additional 1,509 shares during the period. Wedbush Securities Inc.’s holdings in PayPal were worth $1,638,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Evermay Wealth Management LLC boosted its stake in PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after purchasing an additional 363 shares during the period. Hilltop National Bank purchased a new stake in shares of PayPal in the second quarter worth about $27,000. MUFG Securities EMEA plc boosted its position in shares of PayPal by 100.4% in the second quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock valued at $29,000 after acquiring an additional 87,524 shares during the period. Gordian Capital Singapore Pte Ltd boosted its position in shares of PayPal by 41.2% in the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after acquiring an additional 138 shares during the period. Finally, American National Bank & Trust grew its stake in PayPal by 52.5% during the second quarter. American National Bank & Trust now owns 610 shares of the credit services provider’s stock valued at $45,000 after acquiring an additional 210 shares in the last quarter. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Suzan Kereere sold 12,500 shares of the business’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 directly owned 30,983 shares in the company, valued at approximately $2,133,799.21. The trade was a 28.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Chris Natali sold 1,374 shares of the 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 26,874 shares of company stock valued at $1,856,968. 0.08% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have issued reports on PYPL. The Goldman Sachs Group increased their target price on shares of PayPal from $70.00 to $72.00 and gave the stock a “sell” rating in a research note on Wednesday, October 29th. Mizuho set a $84.00 price objective on PayPal in a research report on Thursday, October 30th. Wells Fargo & Company upgraded PayPal to a “hold” rating in a research report on Wednesday, October 22nd. Morgan Stanley restated a “negative” rating on shares of PayPal in a research note on Wednesday, October 29th. Finally, Jefferies Financial Group raised their price target on PayPal from $70.00 to $75.00 and gave the company a “hold” 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, PayPal currently has an average rating of “Hold” and an average target price of $83.03.

PayPal Trading Down 0.1%

NASDAQ PYPL opened at $66.22 on Friday. 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 stock’s 50-day simple moving average is $68.77 and its two-hundred day simple moving average is $70.36. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66. The company 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.

PayPal (NASDAQ:PYPL) last announced 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 firm 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%.The company’s revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the company 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. Research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Dividend Announcement

The firm also recently declared 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 of this dividend is Wednesday, November 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.8%.

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.