Westerkirk Capital Inc. Purchases Shares of 17,400 PayPal Holdings, Inc. $PYPL

Westerkirk Capital Inc. acquired a new position in PayPal Holdings, Inc. (NASDAQ:PYPL) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 17,400 shares of the credit services provider’s stock, valued at approximately $1,293,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Hilltop National Bank purchased a new position in PayPal in the 2nd quarter worth approximately $27,000. MUFG Securities EMEA plc grew its holdings in shares of 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 during the last quarter. Gordian Capital Singapore Pte Ltd grew its holdings in shares of PayPal by 41.2% in the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 138 shares during the last quarter. VSM Wealth Advisory LLC purchased a new position in shares of PayPal in the second quarter worth $36,000. Finally, American National Bank & Trust raised its holdings in PayPal by 52.5% during the 2nd quarter. American National Bank & Trust now owns 610 shares of the credit services provider’s stock valued at $45,000 after buying an additional 210 shares during the last quarter. Institutional investors own 68.32% of the company’s stock.

Insider Buying and Selling at PayPal

In related news, EVP Aaron Webster sold 9,282 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $66.29, for a total transaction of $615,303.78. Following the completion of the transaction, the executive vice president owned 35,699 shares of the company’s stock, valued at $2,366,486.71. This trade represents a 20.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Chris Natali sold 1,374 shares of PayPal stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total value of $94,984.62. The disclosure for this sale is available in the SEC filing. Insiders sold 36,156 shares of company stock valued at $2,432,524 over the last 90 days. 0.08% of the stock is owned by corporate insiders.

PayPal Stock Performance

PayPal stock opened at $62.90 on Wednesday. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The stock’s 50 day simple moving average is $66.93 and its two-hundred day simple moving average is $69.69. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. The stock has a market cap of $58.85 billion, a price-to-earnings ratio of 12.61, a PEG ratio of 0.84 and a beta of 1.43.

PayPal (NASDAQ:PYPL) last released its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The company had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.21 billion. During the same quarter last year, the business posted $1.20 EPS. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS and its FY 2025 guidance at 5.350-5.390 EPS. As a group, analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Wednesday, November 19th. PayPal’s payout ratio is 11.22%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on PYPL shares. Citigroup raised shares of PayPal to a “hold” rating in a report on Thursday, October 23rd. Sanford C. Bernstein cut their target price on PayPal from $85.00 to $76.00 in a research note on Tuesday, October 21st. The Goldman Sachs Group boosted their price target on PayPal from $70.00 to $72.00 and gave the company a “sell” rating in a report on Wednesday, October 29th. Argus upped their price target on PayPal from $81.00 to $87.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Finally, Mizuho set a $84.00 price objective on PayPal in a research report on Thursday, October 30th. Sixteen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, PayPal currently has a consensus rating of “Hold” and a consensus price target of $82.00.

About PayPal

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.