Bull Harbor Capital LLC Acquires Shares of 14,591 PayPal Holdings, Inc. $PYPL

Bull Harbor Capital LLC acquired a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 14,591 shares of the credit services provider’s stock, valued at approximately $660,000.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its stake in PayPal by 6.5% in the fourth quarter. Vanguard Group Inc. now owns 90,376,927 shares of the credit services provider’s stock worth $5,276,205,000 after purchasing an additional 5,534,462 shares in the last quarter. Norges Bank bought a new stake in shares of PayPal in the 4th quarter valued at approximately $949,758,000. Amundi increased its holdings in shares of PayPal by 227.6% in the 1st quarter. Amundi now owns 13,804,208 shares of the credit services provider’s stock valued at $624,364,000 after acquiring an additional 9,590,488 shares during the last quarter. Invesco Ltd. raised its position in shares of PayPal by 9.7% during the 4th quarter. Invesco Ltd. now owns 12,215,792 shares of the credit services provider’s stock valued at $713,158,000 after acquiring an additional 1,083,843 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in PayPal by 4.3% during the first quarter. Dimensional Fund Advisors LP now owns 9,179,771 shares of the credit services provider’s stock worth $415,192,000 after purchasing an additional 376,530 shares during the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

Trending Headlines about PayPal

Here are the key news stories impacting PayPal this week:

  • Positive Sentiment: PayPal reported second-quarter revenue of $8.68 billion and adjusted EPS of $1.38, exceeding estimates of $8.47 billion and $1.28, respectively. Management also raised its full-year profit outlook, citing improving branded checkout, Venmo growth and cost savings. PayPal’s Q2 Earnings Call Focuses on Checkout Stability
  • Positive Sentiment: Several analysts lifted their price targets following the results, including JPMorgan to $65, Mizuho to $60, Citi to $61 and Keefe, Bruyette & Woods to $70, with KBW upgrading the shares to outperform. Analysts Boost PayPal Forecasts
  • Positive Sentiment: PayPal is joining Binance’s bStocks initiative, potentially expanding access to tokenized equities for crypto users and creating additional payment or financial-services opportunities. PayPal Joins Binance bStocks
  • Neutral Sentiment: Reports say Stripe and Advent International recently offered about $60.50 per share for PayPal. The board reportedly viewed the bid as too low, while CEO discussions indicated openness to potential deals but continued preference for an independent recovery. The speculation may provide valuation support but also highlights strategic uncertainty. PayPal CEO Signals Deal Openness
  • Neutral Sentiment: PayPal declared a quarterly dividend of $0.14 per share, payable September 25 to shareholders of record September 4, offering an annualized yield of roughly 1%.
  • Negative Sentiment: Wall Street remains divided: Wells Fargo, TD Cowen, Baird, Canaccord and Wolfe Research retained neutral or hold ratings, while Goldman Sachs reportedly warned that stronger results have not resolved PayPal’s core branded-checkout and competitive-positioning challenges. Wall Street Divided on PayPal
  • Negative Sentiment: Two insiders sold shares under pre-arranged Rule 10b5-1 plans: Frank Keller sold 732 shares and Chief Accounting Officer Chris Natali sold 1,337 shares. Because the transactions were scheduled in advance, they are a limited—but still potentially negative—signal.

PayPal Trading Down 1.2%

PayPal stock opened at $57.65 on Friday. PayPal Holdings, Inc. has a 52-week low of $38.46 and a 52-week high of $79.21. The company has a quick ratio of 1.26, a current ratio of 1.29 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $50.85 billion, a price-to-earnings ratio of 10.90, a PEG ratio of 1.45 and a beta of 1.33. The firm has a 50-day moving average price of $46.77 and a two-hundred day moving average price of $47.02.

PayPal (NASDAQ:PYPLGet Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The credit services provider reported $1.38 EPS for the quarter, beating the consensus estimate of $1.28 by $0.10. The company had revenue of $8.68 billion for the quarter, compared to analyst estimates of $8.47 billion. PayPal had a net margin of 14.36% and a return on equity of 24.39%. PayPal’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.40 earnings per share. Sell-side analysts expect that PayPal Holdings, Inc. will post 5.32 earnings per share for the current year.

PayPal Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.56 annualized dividend and a yield of 1.0%. PayPal’s payout ratio is presently 10.59%.

Wall Street Analyst Weigh In

Several research firms have weighed in on PYPL. Keefe, Bruyette & Woods boosted their target price on shares of PayPal from $55.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday. Barclays lifted their price target on shares of PayPal from $55.00 to $57.00 and gave the company an “equal weight” rating in a report on Wednesday. TD Cowen boosted their price objective on shares of PayPal from $48.00 to $59.00 and gave the company a “hold” rating in a research report on Wednesday. Susquehanna increased their price objective on shares of PayPal from $63.00 to $67.00 and gave the stock a “positive” rating in a research note on Wednesday. Finally, Mizuho raised their target price on shares of PayPal from $50.00 to $60.00 and gave the stock a “neutral” rating in a report on Wednesday. Nine investment analysts have rated the stock with a Buy rating, thirty-four have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $55.50.

Get Our Latest Research Report on PayPal

Insiders Place Their Bets

In related news, insider Frank Keller sold 4,612 shares of PayPal stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $42.54, for a total transaction of $196,194.48. Following the sale, the insider directly owned 41,567 shares in the company, valued at $1,768,260.18. The trade was a 9.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Suzan Kereere sold 3,379 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $42.79, for a total transaction of $144,587.41. Following the completion of the sale, the insider directly owned 30,983 shares of the company’s stock, valued at $1,325,762.57. The trade was a 9.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 10,612 shares of company stock worth $484,534. 0.63% of the stock is owned by company insiders.

PayPal Profile

(Free Report)

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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