Cambridge Financial Group Inc. Lowers Holdings in PayPal Holdings, Inc. $PYPL

Cambridge Financial Group Inc. lowered its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 23.8% during the 2nd quarter, Holdings Channel reports. The firm owned 61,515 shares of the credit services provider’s stock after selling 19,250 shares during the quarter. PayPal comprises approximately 2.3% of Cambridge Financial Group Inc.’s investment portfolio, making the stock its 26th largest holding. Cambridge Financial Group Inc.’s holdings in PayPal were worth $4,572,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of PYPL. Evermay Wealth Management LLC grew its position in shares of PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after buying an additional 363 shares in the last quarter. Hilltop National Bank bought a new stake in shares of PayPal in the 2nd quarter valued at about $27,000. MUFG Securities EMEA plc lifted its position in shares of PayPal by 100.4% in the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after purchasing an additional 87,524 shares during the period. Gordian Capital Singapore Pte Ltd lifted its position in shares of PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 138 shares during the period. Finally, American National Bank & Trust boosted its stake in shares of 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 purchasing an additional 210 shares in the last quarter. 68.32% of the stock is owned by institutional investors.

PayPal Trading Down 0.1%

Shares of NASDAQ:PYPL opened at $66.22 on Monday. The business’s 50-day moving average is $68.77 and its 200 day moving average is $70.42. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The firm has a market capitalization of $61.96 billion, a P/E ratio of 13.27, a P/E/G ratio of 0.98 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last issued its quarterly 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 business had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. During the same quarter in the previous year, the firm earned $1.20 earnings per share. The company’s revenue was up 7.3% on a year-over-year basis. 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 predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal 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 paid a dividend of $0.14 per share. The ex-dividend date is Wednesday, November 19th. This represents a $0.56 dividend on an annualized basis and a yield of 0.8%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on PYPL. Citigroup raised shares of PayPal to a “hold” rating in a research note on Thursday, October 23rd. Rothschild & Co Redburn boosted their price target on PayPal from $66.00 to $70.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 16th. Royal Bank Of Canada raised their price objective on PayPal from $88.00 to $91.00 and gave the company an “outperform” rating in a research report on Tuesday, October 28th. Piper Sandler set a $74.00 target price on PayPal in a research note on Tuesday, July 29th. Finally, Morgan Stanley reissued a “negative” rating on shares of PayPal in a research report on Wednesday, October 29th. Fifteen research 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. According to MarketBeat.com, PayPal presently has an average rating of “Hold” and an average target price of $83.03.

Insiders Place Their Bets

In other news, CAO Chris Natali sold 1,374 shares of PayPal 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Suzan Kereere sold 12,500 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $68.87, for a total transaction of $860,875.00. Following the sale, the insider directly owned 30,983 shares in the company, valued at $2,133,799.21. This trade represents a 28.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 26,874 shares of company stock valued at $1,856,968. Insiders own 0.08% of the company’s stock.

PayPal 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.