Plato Investment Management Ltd purchased a new position in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 12,728 shares of the credit services provider’s stock, valued at approximately $546,000.
Several other institutional investors also recently bought and sold shares of PYPL. Bard Associates Inc. purchased a new position in shares of PayPal in the 4th quarter valued at $25,000. Allied Private Wealth LLC purchased a new position in PayPal in the second quarter valued at about $25,000. Robinswood Financial LLC bought a new position in PayPal in the first quarter worth about $26,000. Caitong International Asset Management Co. Ltd lifted its position in shares of PayPal by 15,233.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 460 shares of the credit services provider’s stock valued at $27,000 after buying an additional 457 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of PayPal during the fourth quarter valued at about $28,000. 68.32% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research analysts recently commented on PYPL shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of PayPal in a research note on Wednesday, August 5th. William Blair reaffirmed a “market perform” rating on shares of PayPal in a research report on Wednesday, July 15th. Daiwa Securities Group upgraded PayPal from a “hold” rating to an “outperform” rating in a research note on Wednesday, May 6th. BTIG Research reiterated a “neutral” rating on shares of PayPal in a research note on Wednesday, July 15th. Finally, JPMorgan Chase & Co. boosted their price target on PayPal from $46.00 to $65.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating, thirty-four have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $56.19.
Insider Activity
In other PayPal news, insider Frank Keller sold 732 shares of the firm’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $58.10, for a total value of $42,529.20. Following the transaction, the insider owned 41,567 shares in the company, valued at approximately $2,415,042.70. This trade represents a 1.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible 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 PayPal stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $42.79, for a total transaction of $144,587.41. Following the sale, the insider directly owned 30,983 shares in the company, valued at approximately $1,325,762.57. This trade represents a 9.83% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 10,612 shares of company stock worth $484,534 over the last 90 days. 0.63% of the stock is currently owned by company insiders.
Key PayPal News
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: Takeover interest supports valuation. PayPal is reportedly in renewed sale discussions with a consortium involving Stripe and Advent International. The group previously submitted a bid of approximately $60.50 per share, while one analysis suggested a potential sale value of $70–$80 per share. PayPal reportedly in sale talks with consortium including Stripe and Advent PayPal Could Be Sold For $70-$80/Share
- Positive Sentiment: Analysts see potential beyond PayPal’s checkout business. Piper Sandler raised its price target by more than 40% to $59, citing value in PayPal’s broader platform, although it retained a Neutral rating. Piper Sandler sees value beyond checkout
- Positive Sentiment: Operating trends remain mixed but constructive. Recent coverage points to total payment volume and Venmo growth, while PayPal’s latest reported quarter exceeded consensus estimates for earnings and revenue. Should You Buy, Sell or Hold PayPal Stock
- Neutral Sentiment: BNPL weakness has not materially spread to PayPal. Klarna’s outlook reduction triggered a sharp selloff in its shares, but PayPal and Affirm were described as largely shrugging off the news, suggesting limited immediate read-through for PayPal. Klarna craters on guidance cut while Affirm and PayPal shrug it off
- Negative Sentiment: Core checkout growth and competition remain concerns. Analysts cautioned that weak checkout expansion and pressure from rivals could undermine the turnaround, tempering the bullish impact of takeover rumors. TikTok’s exploration of peer-to-peer payments also highlights growing competition for digital-payment activity. TikTok explores peer-to-peer payments via direct messages
PayPal Trading Down 0.1%
Shares of PayPal stock opened at $60.43 on Wednesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.29 and a current ratio of 1.29. PayPal Holdings, Inc. has a fifty-two week low of $38.46 and a fifty-two week high of $79.21. The firm has a 50-day simple moving average of $50.89 and a two-hundred day simple moving average of $47.29. The company has a market cap of $51.70 billion, a P/E ratio of 11.42, a price-to-earnings-growth ratio of 1.51 and a beta of 1.29.
PayPal (NASDAQ:PYPL – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The credit services provider reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. The business had revenue of $8.68 billion during the quarter, compared to analysts’ expectations of $8.47 billion. PayPal had a return on equity of 24.39% and a net margin of 14.36%.The business’s revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.40 earnings per share. As a group, equities analysts predict that PayPal Holdings, Inc. will post 5.37 earnings per share for the current fiscal year.
PayPal Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, September 4th. PayPal’s dividend payout ratio (DPR) is presently 10.59%.
PayPal Profile
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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