40,137 Shares in PayPal Holdings, Inc. $PYPL Purchased by Heron Bay Capital Management

Heron Bay Capital Management bought a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) in the second quarter, Holdings Channel reports. The firm bought 40,137 shares of the credit services provider’s stock, valued at approximately $1,733,000.

Several other institutional investors also recently bought and sold shares of the company. Bard Associates Inc. purchased a new stake in PayPal during the fourth quarter worth about $25,000. Allied Private Wealth LLC purchased a new position in shares of PayPal in the second quarter valued at approximately $25,000. Robinswood Financial LLC purchased a new position in shares of PayPal in the first quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of PayPal by 15,233.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 460 shares of the credit services provider’s stock valued at $27,000 after purchasing an additional 457 shares in the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of PayPal in the second quarter valued at approximately $27,000. 68.32% of the stock is owned by institutional investors and hedge funds.

PayPal Price Performance

PYPL stock opened at $61.55 on Friday. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $52.65 billion, a P/E ratio of 11.64, a PEG ratio of 1.52 and a beta of 1.30. The business has a 50 day simple moving average of $52.13 and a 200-day simple moving average of $47.51. PayPal Holdings, Inc. has a twelve month low of $38.46 and a twelve month high of $79.21.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Tuesday, July 28th. The credit services provider reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. PayPal had a net margin of 14.36% and a return on equity of 24.39%. The company had revenue of $8.68 billion for the quarter, compared to analyst estimates of $8.47 billion. During the same period in the previous year, the business posted $1.40 earnings per share. PayPal’s quarterly revenue was up 4.8% on a year-over-year basis. As a group, equities analysts anticipate that PayPal Holdings, Inc. will post 5.38 EPS for the current year.

PayPal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, September 4th. PayPal’s payout ratio is 10.59%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on PYPL. Keefe, Bruyette & Woods upped their target price on shares of PayPal from $55.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. HSBC started coverage on shares of PayPal in a research report on Friday, July 24th. They issued a “buy” rating for the company. Citigroup upped their price objective on PayPal from $48.00 to $61.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Canaccord Genuity Group reiterated a “hold” rating and issued a $55.00 price objective on shares of PayPal in a research note on Wednesday, July 29th. Finally, The Goldman Sachs Group set a $50.00 target price on PayPal in a report on Tuesday, July 28th. Nine analysts have rated the stock with a Buy rating, thirty-four have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $56.28.

More PayPal News

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Venmo’s expansion into college tuition payments could increase transaction volume. PayPal and Venmo are now being integrated with Illumia, Nelnet Campus Commerce and TouchNet, allowing students and families at participating universities to pay tuition and fees through the digital wallets. The initiative adds a potentially recurring, higher-value use case, although transaction fees and adoption will vary by school. PayPal, Venmo connect to colleges
• Positive Sentiment: Agentic payments offer a longer-term growth narrative. PayPal is positioning its platform around AI-enabled commerce, digital identity and automated payments, potentially allowing software agents to complete transactions on behalf of consumers. The strategy could strengthen PayPal’s relevance as commerce evolves, but commercialization and competitive execution remain uncertain. PayPal Agentic Payments: Can They Reshape the Future of Commerce?
• Positive Sentiment: Technical momentum and investor interest remain supportive. PayPal has formed a bullish “golden cross,” while David Einhorn’s reported $61.5 million stake provides additional visibility and may reinforce the turnaround case. David Einhorn’s PayPal Bet Just Flashed a Golden Cross
• Neutral Sentiment: Takeover chatter is supporting the shares but remains unconfirmed. Reports have revived speculation about a potential sale process involving Stripe and Advent International. No offer or transaction has been announced, so any takeover premium is speculative. PayPal Stock Closes Higher Thursday
• Negative Sentiment: The recent rally has increased valuation and execution concerns. Investors are questioning whether PayPal can sustain momentum amid modest underlying revenue growth and intense competition in digital payments and buy-now-pay-later services. A director’s $253,716 sale under a pre-arranged Rule 10b5-1 plan adds a mild cautionary signal, though it is not necessarily an indication of deteriorating business prospects. PayPal Insider Selling

Insider Buying and Selling at PayPal

In other news, insider Frank Keller sold 732 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $58.10, for a total value of $42,529.20. Following the transaction, the insider owned 41,567 shares of the company’s stock, valued at approximately $2,415,042.70. The trade was a 1.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Chris Natali sold 1,337 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $58.10, for a total value of $77,679.70. Following the sale, the chief accounting officer owned 2,216 shares of the company’s stock, valued at $128,749.60. This trade represents a 37.63% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 14,774 shares of company stock valued at $738,249 in the last ninety days. Insiders own 0.63% of the company’s stock.

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.