PayPal Holdings, Inc. $PYPL Position Lessened by ProShare Advisors LLC

ProShare Advisors LLC trimmed its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 20.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,231,761 shares of the credit services provider’s stock after selling 312,874 shares during the period. ProShare Advisors LLC’s holdings in PayPal were worth $82,602,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. MUFG Securities EMEA plc boosted its holdings in PayPal by 100.4% in the second 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 in the last quarter. Cloud Capital Management LLC bought a new stake in shares of PayPal during the 3rd quarter worth about $30,000. True Wealth Design LLC increased its holdings in shares of PayPal by 285.3% during the 3rd quarter. True Wealth Design LLC now owns 524 shares of the credit services provider’s stock valued at $35,000 after acquiring an additional 388 shares during the last quarter. VSM Wealth Advisory LLC acquired a new position in shares of PayPal during the 2nd quarter valued at about $36,000. Finally, Dagco Inc. raised its stake in shares of PayPal by 1,250.0% in the 3rd quarter. Dagco Inc. now owns 540 shares of the credit services provider’s stock valued at $36,000 after acquiring an additional 500 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on PYPL shares. Daiwa Securities Group lowered shares of PayPal from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $77.00 to $61.00 in a research note on Tuesday, January 13th. Truist Financial set a $58.00 price target on shares of PayPal in a report on Tuesday, January 20th. Citizens Jmp reiterated a “market perform” rating on shares of PayPal in a research note on Wednesday, February 4th. Royal Bank Of Canada cut their price objective on PayPal from $91.00 to $59.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Finally, The Goldman Sachs Group lowered their target price on PayPal from $64.00 to $41.00 and set a “sell” rating on the stock in a report on Wednesday, February 4th. Ten equities research analysts have rated the stock with a Buy rating, thirty have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $62.46.

Insider Buying and Selling at PayPal

In other PayPal news, insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $59.84, for a total value of $249,054.08. Following the sale, the insider directly owned 30,983 shares in the company, valued at $1,854,022.72. This represents a 11.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Frank Keller sold 3,478 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $40.20, for a total value of $139,815.60. Following the transaction, the executive vice president owned 51,567 shares of the company’s stock, valued at $2,072,993.40. This represents a 6.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.08% of the stock is owned by insiders.

PayPal Price Performance

Shares of PayPal stock opened at $41.15 on Tuesday. The firm has a market cap of $37.89 billion, a P/E ratio of 7.61, a price-to-earnings-growth ratio of 0.79 and a beta of 1.43. The firm’s 50-day simple moving average is $56.75 and its 200-day simple moving average is $64.01. PayPal Holdings, Inc. has a twelve month low of $38.88 and a twelve month high of $79.50. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.29 and a current ratio of 1.29.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings results on Tuesday, February 3rd. The credit services provider reported $1.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.29 by ($0.06). The business had revenue of $8.68 billion during the quarter, compared to analyst estimates of $8.82 billion. PayPal had a return on equity of 25.42% and a net margin of 15.77%.The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period last year, the company earned $1.19 EPS. As a group, research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, March 4th. PayPal’s dividend payout ratio (DPR) is 10.35%.

Trending Headlines about PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Several bullish pieces argue the stock is oversold and present buying opportunities, which can attract value‑oriented investors and short‑covering demand. Read More.
• Positive Sentiment: Another Seeking Alpha piece lays out why the recent sell‑off may be overextended and highlights what could drive a rebound, supporting short‑term buying interest. Read More.
• Neutral Sentiment: Zacks flags PYPL as a trending/most‑watched stock, which can boost trading volume but doesn’t change fundamentals. Read More.
• Neutral Sentiment: Argus trimmed its price target to $65 — a reduction but still above current levels; this is mixed news (smaller long‑term signal than the larger cuts below). Read More.
• Negative Sentiment: Sanford C. Bernstein slashed its price target to $45 and moved to Market Perform, reducing analyst support and adding downward pressure. Read More.
• Negative Sentiment: Cantor Fitzgerald cut its target to $42 and kept a Neutral rating, further trimming expectations and limiting near‑term upside. Read More.
• Negative Sentiment: PayPal is facing an active securities investigation announced by Levi & Korsinsky, which raises legal/financial risk and can prolong volatility. Read More.
• Negative Sentiment: An EVP, Frank Keller, sold ~3,478 shares (~6.3% reduction in his position) — insider selling can be read negatively even if not large relative to total float. Read More.
• Negative Sentiment: Critical commentary asks how PayPal can turn its business around, reflecting investor concern about execution and growth — a sentiment headwind. Read More.

About PayPal

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.