PayPal Holdings, Inc. $PYPL Shares Sold by King Luther Capital Management Corp

King Luther Capital Management Corp lessened its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 2.6% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 530,874 shares of the credit services provider’s stock after selling 14,233 shares during the quarter. King Luther Capital Management Corp owned 0.06% of PayPal worth $39,455,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the company. Evermay Wealth Management LLC raised its stake in shares of PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $27,000 after purchasing an additional 363 shares in the last quarter. Hilltop National Bank bought a new position in shares of PayPal in the second quarter worth $27,000. MUFG Securities EMEA plc raised its position in shares of PayPal by 100.4% during the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after buying an additional 87,524 shares in the last quarter. Gordian Capital Singapore Pte Ltd boosted its stake 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 valued at $31,000 after purchasing an additional 138 shares in the last quarter. Finally, American National Bank & Trust lifted its holdings in PayPal by 52.5% in the 2nd 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 during the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

PayPal Trading Down 0.1%

Shares of NASDAQ:PYPL opened at $66.22 on Friday. The company has a market capitalization of $61.96 billion, a P/E ratio of 13.27, a price-to-earnings-growth ratio of 0.98 and a beta of 1.45. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66. The company has a 50-day simple moving average of $68.77 and a 200 day simple moving average of $70.36.

PayPal (NASDAQ:PYPL) last announced its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, topping the consensus estimate of $1.20 by $0.14. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The company had revenue of $8.42 billion for the quarter, compared to analysts’ expectations of $8.21 billion. During the same period last year, the firm earned $1.20 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Dividend Announcement

The company 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 $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Wednesday, November 19th.

Insider Activity

In other PayPal news, CAO Chris Natali sold 1,374 shares of the stock in a transaction 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 filing with the SEC, which is accessible through this link. Also, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $68.97, for a total transaction of $264,706.86. Following the completion of the transaction, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,171,731.33. The trade was a 18.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 26,874 shares of company stock worth $1,856,968 over the last quarter. Insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Rothschild & Co Redburn upped their price target on shares of PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research report on Tuesday, September 16th. Macquarie boosted their price objective on shares of PayPal from $95.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. KeyCorp reiterated a “hold” rating on shares of PayPal in a research note on Wednesday, October 22nd. Jefferies Financial Group lifted their price target on shares of PayPal from $70.00 to $75.00 and gave the stock a “hold” rating in a research note on Wednesday, October 29th. Finally, Cowen reissued a “mixed” rating on shares of PayPal in a report on Wednesday, October 29th. Fifteen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $83.03.

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.