Chapin Davis Inc. Sells 13,000 Shares of PayPal Holdings, Inc. $PYPL

Chapin Davis Inc. decreased its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 53.7% during the second quarter, HoldingsChannel reports. The firm owned 11,216 shares of the credit services provider’s stock after selling 13,000 shares during the quarter. Chapin Davis Inc.’s holdings in PayPal were worth $484,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Canandaigua National Bank & Trust Co. purchased a new position in shares of PayPal during the 2nd quarter worth approximately $1,159,000. CGN Advisors LLC lifted its stake in shares of PayPal by 32.5% in the 2nd quarter. CGN Advisors LLC now owns 36,773 shares of the credit services provider’s stock valued at $1,588,000 after purchasing an additional 9,020 shares during the period. Versant Capital Management Inc lifted its stake in shares of PayPal by 12.0% in the 2nd quarter. Versant Capital Management Inc now owns 7,245 shares of the credit services provider’s stock valued at $313,000 after purchasing an additional 775 shares during the period. Sapient Capital LLC boosted its position in shares of PayPal by 14.2% during the first quarter. Sapient Capital LLC now owns 9,197 shares of the credit services provider’s stock valued at $416,000 after purchasing an additional 1,144 shares in the last quarter. Finally, Shariaportfolio Inc. boosted its position in shares of PayPal by 44.8% during the first quarter. Shariaportfolio Inc. now owns 77,369 shares of the credit services provider’s stock valued at $3,499,000 after purchasing an additional 23,921 shares in the last quarter. Institutional investors own 68.32% of the company’s stock.

Insider Buying and Selling

In related news, CAO Chris Natali sold 1,337 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $58.10, for a total transaction of $77,679.70. Following the sale, the chief accounting officer directly owned 2,216 shares of the company’s stock, valued at approximately $128,749.60. This represents a 37.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 4,612 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $42.54, for a total transaction of $196,194.48. Following the sale, the insider owned 41,567 shares of the company’s stock, valued at approximately $1,768,260.18. This represents a 9.99% 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. Insiders have sold a total of 10,612 shares of company stock worth $484,534 in the last quarter. Corporate insiders own 0.63% of the company’s stock.

PayPal Stock Down 1.0%

PYPL stock opened at $57.93 on Thursday. The business has a 50 day moving average of $47.88 and a 200 day moving average of $47.05. The firm has a market cap of $49.56 billion, a PE ratio of 10.95, a price-to-earnings-growth ratio of 1.43 and a beta of 1.30. PayPal Holdings, Inc. has a twelve month low of $38.46 and a twelve month high of $79.21. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.55.

PayPal (NASDAQ:PYPL) last released its earnings results on Tuesday, July 28th. The credit services provider reported $1.38 EPS for the quarter, topping the consensus estimate of $1.28 by $0.10. PayPal had a return on equity of 24.39% and a net margin of 14.36%.The business had revenue of $8.68 billion for the quarter, compared to the consensus estimate of $8.47 billion. During the same period in the previous year, the company posted $1.40 earnings per share. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. On average, research analysts forecast that PayPal Holdings, Inc. will post 5.36 EPS for the current fiscal year.

PayPal Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be paid a $0.14 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.56 dividend on an annualized basis and a yield of 1.0%. PayPal’s payout ratio is presently 10.59%.

PayPal News Summary

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Quarterly beat and higher guidance: PayPal reported $8.68 billion in revenue and $1.38 in non-GAAP EPS, exceeding analyst expectations. The company also raised its 2026 outlook, supporting the view that its checkout, Venmo and Braintree initiatives are gaining traction. PayPal acquisition interest article
• Positive Sentiment: Acquisition interest highlights valuation: Reports that Stripe has made a buyout proposal have reinforced arguments that PayPal is undervalued. Commentary suggests PayPal’s response and recent performance imply that any offer near $60 per share may not adequately reflect the company’s earnings potential. PayPal to Stripe: The Offer Is Too Low
• Positive Sentiment: Analyst support: Cantor Fitzgerald raised its PayPal price target to $60, while a related report cited an analyst upgrade. The target provides modest upside from recent trading levels and may help investor sentiment. Cantor Fitzgerald raises PayPal price target
• Positive Sentiment: Stablecoin opportunity: PayPal’s stablecoin activities position it to participate in expanding digital-payment and blockchain transaction volumes, although the financial contribution remains uncertain. Stablecoin market article
• Neutral Sentiment: New business-unit targets: PayPal plans to establish revenue targets for its three core units for the first time. The move could improve transparency and accountability, but investors will look for the specific targets and evidence of execution. PayPal sets revenue targets
• Negative Sentiment: Industry margin risks: Rising technology costs and pressure on consumer spending could offset cross-border-payment growth and strategic expansion, creating concerns about future margins across the payments sector. Financial transaction stocks in focus
• Negative Sentiment: Insider selling: PayPal’s chief accounting officer sold 38% of his directly held shares. While the sale does not necessarily indicate deteriorating fundamentals, it can weigh on sentiment after the stock’s recent rebound. PayPal insider share sale

Wall Street Analyst Weigh In

PYPL has been the subject of a number of research reports. Clear Str upgraded PayPal to a “hold” rating in a report on Thursday, July 16th. Needham & Company LLC restated a “hold” rating on shares of PayPal in a report on Tuesday, May 5th. Argus set a $70.00 target price on shares of PayPal in a research report on Wednesday, July 29th. BNP Paribas Exane increased their price target on shares of PayPal from $43.50 to $52.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Finally, Truist Financial set a $59.00 price target on shares of PayPal in a research note on Wednesday. Nine equities research analysts have rated the stock with a Buy rating, thirty-four have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $55.72.

PayPal Company 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.