PayPal Holdings, Inc. $PYPL Shares Sold by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB cut its holdings in PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 95.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,575 shares of the credit services provider’s stock after selling 103,623 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in PayPal were worth $198,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of PYPL. Norges Bank acquired a new stake in shares of PayPal in the fourth quarter valued at about $949,758,000. Bank of America Corp DE lifted its position in shares of PayPal by 67.9% during the 1st quarter. Bank of America Corp DE now owns 25,614,720 shares of the credit services provider’s stock valued at $1,158,554,000 after acquiring an additional 10,356,256 shares during the period. Amundi lifted its position in shares of PayPal by 227.6% during 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 period. Vanguard Group Inc. boosted its stake in shares of PayPal by 6.5% during the 4th quarter. Vanguard Group Inc. now owns 90,376,927 shares of the credit services provider’s stock worth $5,276,205,000 after acquiring an additional 5,534,462 shares in the last quarter. Finally, SG Americas Securities LLC boosted its stake in shares of PayPal by 355.1% during the 1st quarter. SG Americas Securities LLC now owns 4,967,170 shares of the credit services provider’s stock worth $224,665,000 after acquiring an additional 3,875,688 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Insiders Place Their Bets

In other PayPal news, CAO Chris Natali sold 1,337 shares of PayPal stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $58.10, for a total value of $77,679.70. Following the completion of the sale, the chief accounting officer directly owned 2,216 shares of the company’s stock, valued at approximately $128,749.60. The trade was a 37.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 732 shares of the company’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $58.10, for a total value of $42,529.20. Following the completion of the transaction, the insider owned 41,567 shares of the company’s stock, valued at $2,415,042.70. The trade was a 1.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 10,612 shares of company stock valued at $484,534. Company insiders own 0.63% of the company’s stock.

More PayPal News

Here are the key news stories impacting PayPal this week:

  • Positive Sentiment: Potentially higher takeover offer: PayPal’s board reportedly rejected a $60.50-per-share proposal from Stripe and Advent International as too low. The stock remains below that level, leaving potential upside if the bidders return with an improved offer. PayPal Still Trades Below the $60.50 Bid Its Board Turned Down
  • Positive Sentiment: Analyst support: PayPal attracted an analyst upgrade, while Cantor Fitzgerald raised its price target to $60. These actions reinforce the view that the stock’s valuation may not fully reflect its earnings and cash-generation potential. PayPal Trading Up After Analyst Upgrade
  • Positive Sentiment: Operational improvement: PayPal exceeded second-quarter expectations with $8.68 billion in revenue and $1.38 in adjusted earnings per share, and raised its 2026 outlook. Investors are watching for progress in branded checkout, Venmo monetization and a return to profitable growth at Braintree. Acquisition Interest Is a Confirmation of How Undervalued This Resilient Company Is
  • Positive Sentiment: Greater business-line accountability: Management plans to establish revenue targets for its three core units for the first time, potentially giving investors clearer benchmarks for evaluating the turnaround. PayPal Sets First-Ever Revenue Targets
  • Neutral Sentiment: Valuation debate: PayPal screens as inexpensive after a steep multiyear decline, but Wall Street is taking a “prove it” approach. Investors need sustained growth and successful execution before assigning the company a higher valuation. PayPal Stock Looks Undervalued on Earnings but Weaker on Growth
  • Negative Sentiment: Growth and margin risks remain: Slower revenue growth, higher technology costs and pressure on consumer spending could limit margins and make it harder for PayPal to justify a materially higher share price.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on PYPL shares. Citigroup raised their price objective on PayPal from $48.00 to $61.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. upped their target price on PayPal from $46.00 to $65.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. TD Cowen raised their price target on PayPal from $48.00 to $59.00 and gave the company a “hold” rating in a research report on Wednesday, July 29th. Mizuho lifted their price target on PayPal from $50.00 to $60.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Finally, Canaccord Genuity Group reiterated a “hold” rating and issued a $55.00 price objective on shares of PayPal in a research report on Wednesday, July 29th. Nine equities research analysts have rated the stock with a Buy rating, thirty-four have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, PayPal presently has an average rating of “Hold” and a consensus price target of $55.72.

Read Our Latest Report on PYPL

PayPal Stock Up 3.2%

Shares of NASDAQ:PYPL opened at $59.78 on Friday. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $51.14 billion, a P/E ratio of 11.30, a P/E/G ratio of 1.41 and a beta of 1.30. PayPal Holdings, Inc. has a 52-week low of $38.46 and a 52-week high of $79.21. The stock’s fifty day simple moving average is $48.18 and its 200-day simple moving average is $47.07.

PayPal (NASDAQ:PYPLGet Free Report) last released its quarterly earnings results on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.10. The company had revenue of $8.68 billion for the quarter, compared to analysts’ expectations of $8.47 billion. PayPal had a net margin of 14.36% and a return on equity of 24.39%. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the company earned $1.40 EPS. As a group, equities research analysts forecast that PayPal Holdings, Inc. will post 5.37 earnings per share for the current fiscal year.

PayPal Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be given a dividend of $0.14 per share. The ex-dividend date is Friday, September 4th. This represents a $0.56 dividend on an annualized basis and a yield of 0.9%. PayPal’s dividend payout ratio (DPR) is 10.59%.

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.

See Also

Want to see what other hedge funds are holding PYPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PayPal Holdings, Inc. (NASDAQ:PYPLFree Report).

Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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