Readystate Asset Management LP Buys New Shares in PayPal Holdings, Inc. $PYPL

Readystate Asset Management LP purchased a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 98,245 shares of the credit services provider’s stock, valued at approximately $4,444,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of PYPL. Bard Associates Inc. purchased a new position in shares of PayPal during the 4th quarter valued at about $25,000. Caitong International Asset Management Co. Ltd increased its holdings in PayPal by 15,233.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 460 shares of the credit services provider’s stock worth $27,000 after acquiring an additional 457 shares in the last quarter. Safe Harbor Fiduciary LLC purchased a new stake in PayPal in the 4th quarter worth approximately $28,000. Kelleher Financial Advisors bought a new stake in PayPal during the 3rd quarter worth approximately $30,000. Finally, Advocate Investing Services LLC bought a new stake in PayPal during the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 68.32% of the company’s stock.

PayPal News Roundup

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Q2 results exceeded expectations: Adjusted earnings reached $1.38 per share versus the $1.28 consensus, while revenue rose 4.8% year over year to $8.68 billion, ahead of the $8.47 billion estimate. PayPal’s Q2 Earnings Beat Estimates on TPV & Revenue Growth
• Positive Sentiment: Payment activity remained healthy: Total payment volume increased 10% to $486.4 billion, payment transactions rose 8% to 6.8 billion, and growth at Venmo and Braintree supported the quarter. PayPal also generated $1.8 billion in free cash flow and repurchased approximately 33 million shares. PayPal Q2 revenue rises 5% to $8.7 billion
• Positive Sentiment: Full-year outlook was raised: PayPal now expects 2026 adjusted EPS of approximately $5.38, improving investor confidence that cost reductions and the turnaround under CEO Enrique Lores are beginning to take hold. PayPal presses with turnaround as sale questions linger
• Neutral Sentiment: Takeover speculation remains a catalyst: Management provided no definitive update on reported interest from Stripe and Advent International. PayPal appears open to a higher offer than the reported roughly $53 billion proposal, leaving potential deal-related upside but also uncertainty. PayPal leaves the door open to a higher takeover offer
• Negative Sentiment: Profitability and near-term growth remain concerns: Higher investments weighed on margins, GAAP net income declined year over year, and branded checkout growth was only about 2%. Investors also viewed third-quarter guidance as soft, while analysts maintained Hold ratings pending stronger checkout momentum and evidence that cost savings can offset competitive pressure. PayPal delivers Q2 earnings beat but soft Q3 guidance

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on PYPL shares. The Goldman Sachs Group set a $50.00 price objective on shares of PayPal in a research note on Tuesday. Loop Capital initiated coverage on shares of PayPal in a research note on Tuesday, March 31st. They set a “hold” rating and a $46.00 target price on the stock. BMO Capital Markets assumed coverage on PayPal in a research note on Tuesday, April 21st. They issued a “market perform” rating and a $52.00 price target for the company. Canaccord Genuity Group raised their price target on PayPal from $42.00 to $55.00 and gave the company a “hold” rating in a report on Thursday, July 16th. Finally, Citigroup upgraded PayPal from a “neutral” rating to a “hold” rating in a research report on Monday. Ten equities research analysts have rated the stock with a Buy rating, thirty-three have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $55.01.

PayPal Stock Performance

NASDAQ PYPL opened at $58.32 on Wednesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.26 and a quick ratio of 1.26. The stock’s 50 day simple moving average is $46.22 and its 200-day simple moving average is $47.02. The company has a market cap of $51.44 billion, a PE ratio of 10.94, a price-to-earnings-growth ratio of 1.40 and a beta of 1.33. PayPal Holdings, Inc. has a 1-year low of $38.46 and a 1-year high of $79.21.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. PayPal had a return on equity of 25.02% and a net margin of 15.00%.The company had revenue of $8.68 billion for the quarter, compared to analyst estimates of $8.47 billion. During the same quarter last year, the firm posted $1.40 EPS. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. As a group, equities research analysts anticipate that PayPal Holdings, Inc. will post 5.32 EPS for the current fiscal year.

PayPal Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, June 4th. PayPal’s dividend payout ratio (DPR) is currently 10.51%.

Insider Transactions at PayPal

In other PayPal news, insider Suzan Kereere sold 3,379 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $42.79, for a total value of $144,587.41. Following the completion of the sale, the insider owned 30,983 shares in the company, valued at approximately $1,325,762.57. This represents a 9.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 that occurred on Wednesday, June 3rd. The stock was sold at an average price of $42.54, for a total transaction of $196,194.48. Following the completion of the transaction, the insider directly owned 41,567 shares in the company, valued at $1,768,260.18. This trade 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 8,543 shares of company stock worth $364,325 over the last 90 days. 0.63% of the stock is currently owned by company insiders.

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.