PayPal (NASDAQ:PYPL) Shares Down 2.6% – Here’s Why

PayPal Holdings, Inc. (NASDAQ:PYPLGet Free Report) was down 2.6% during mid-day trading on Thursday . The company traded as low as $66.21 and last traded at $66.26. Approximately 11,408,581 shares changed hands during trading, a decline of 6% from the average daily volume of 12,182,520 shares. The stock had previously closed at $68.06.

Wall Street Analyst Weigh In

PYPL has been the topic of several analyst reports. Keefe, Bruyette & Woods increased their target price on shares of PayPal from $85.00 to $90.00 and gave the stock an “outperform” rating in a report on Wednesday, October 29th. Morgan Stanley reissued a “negative” rating on shares of PayPal in a report on Wednesday, October 29th. Needham & Company LLC restated a “hold” rating on shares of PayPal in a research report on Tuesday, October 28th. Argus lifted their target price on PayPal from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, Barclays reissued an “overweight” rating on shares of PayPal in a research note on Tuesday, July 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 has an average rating of “Hold” and a consensus target price of $83.03.

Read Our Latest Research Report on PYPL

PayPal Price Performance

The company has a 50 day simple moving average of $68.77 and a 200-day simple moving average of $70.30. The stock has a market cap of $61.96 billion, a price-to-earnings ratio of 13.27, a P/E/G ratio of 0.98 and a beta of 1.45. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPLGet Free Report) last posted its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. The business had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.PayPal’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period last year, the company earned $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be issued a dividend of $0.14 per share. The ex-dividend date is Wednesday, November 19th. This represents a $0.56 annualized dividend and a yield of 0.8%.

Insider Activity at PayPal

In other PayPal news, CAO Chris Natali sold 1,374 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $69.13, for a total transaction of $94,984.62. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Suzan Kereere sold 12,500 shares of the 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 completion of the sale, the insider owned 30,983 shares of the company’s stock, valued at approximately $2,133,799.21. This represents a 28.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 26,874 shares of company stock valued at $1,856,968. Corporate insiders own 0.08% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Gordian Capital Singapore Pte Ltd increased its position in PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after buying an additional 138 shares during the period. GSB Wealth Management LLC boosted its position in shares of PayPal by 1.7% in the second quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock valued at $606,000 after acquiring an additional 140 shares during the period. CreativeOne Wealth LLC grew its stake in shares of PayPal by 1.5% in the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock valued at $613,000 after acquiring an additional 142 shares in the last quarter. Wedmont Private Capital increased its position in PayPal by 1.6% during the third quarter. Wedmont Private Capital now owns 9,157 shares of the credit services provider’s stock worth $614,000 after acquiring an additional 142 shares during the period. Finally, Pitti Group Wealth Management LLC raised its stake in PayPal by 1.5% in the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock worth $761,000 after purchasing an additional 147 shares in the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.

PayPal Company Profile

(Get Free Report)

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.

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