PayPal (NASDAQ:PYPL) Insider Frank Keller Sells 732 Shares of Company Stock

PayPal Holdings, Inc. (NASDAQ:PYPL) insider Frank Keller sold 732 shares of PayPal stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $55.37, for a total value of $40,530.84. Following the completion of the sale, the insider owned 41,567 shares of the company’s stock, valued at approximately $2,301,564.79. The trade was a 1.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Frank Keller also recently made the following trade(s):

• On Thursday, September 3rd, Frank Keller sold 4,612 shares of PayPal stock. The shares were sold at an average price of $55.43, for a total value of $255,643.16.

PayPal Price Performance

PayPal stock opened at $57.01 on Friday. The stock has a market capitalization of $47.36 billion, a price-to-earnings ratio of 10.55, a PEG ratio of 1.20 and a beta of 1.27. PayPal Holdings, Inc. has a 52-week low of $38.46 and a 52-week high of $70.35. The stock’s 50 day moving average price is $55.36 and its two-hundred day moving average price is $50.04. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.29 and a current ratio of 1.26.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, October 27th. The credit services provider reported $1.45 EPS for the quarter, topping the consensus estimate of $1.31 by $0.14. The company had revenue of $8.58 billion during the quarter, compared to the consensus estimate of $8.71 billion. PayPal had a net margin of 13.78% and a return on equity of 24.39%. The company’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.34 EPS. On average, equities analysts predict that PayPal Holdings, Inc. will post 5.58 earnings per share for the current year.

PayPal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 24th. Shareholders of record on Friday, December 4th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, December 4th. PayPal’s dividend payout ratio (DPR) is presently 10.69%.

Trending Headlines about PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal’s earnings-call commentary highlighted progress in diversifying beyond its traditional checkout business, including growth in financial services, strong Venmo engagement, product expansion and continued cost discipline. These developments suggest improving operating execution and helped support the stock. The 5 most interesting analyst questions from PayPal’s Q3 earnings call
• Positive Sentiment: PayPal remains viewed as a potentially attractive value stock: commentary points to ongoing revenue growth, robust free cash flow and substantial share-repurchase capacity. Its relatively low valuation could provide downside support if the turnaround gains traction. Is PayPal Stock a Value or a Value Trap?
• Neutral Sentiment: KeyCorp raised its 2027 EPS forecasts for the first and third quarters but lowered its fourth-quarter estimate, leaving the overall earnings outlook mixed rather than materially changed.
• Neutral Sentiment: PayPal is included among financial-transaction companies that could benefit from resilient consumer spending, cross-border payments and strategic acquisitions. However, rising technology costs and inflation remain industry-wide risks. 5 Financial Transaction Stocks to Watch Amid Cost and Inflation Pressure
• Negative Sentiment: Barclays downgraded PayPal to Underweight and cut its price target to $53 from $56, citing slowing growth in core checkout, secular pressure on the branded button and a lower likelihood of a takeover. Barclays lowers PayPal stock to Underweight on slowing fundamentals
• Negative Sentiment: Several firms, including Canaccord Genuity, Needham, BTIG and Bernstein, maintained Hold or Neutral views, while Citigroup lowered its expectations. The broad lack of bullish analyst conviction continues to weigh on sentiment.

Institutional Trading of PayPal

A number of hedge funds and other institutional investors have recently bought and sold shares of PYPL. Covestor Ltd raised its position in PayPal by 35.8% in the third quarter. Covestor Ltd now owns 3,949 shares of the credit services provider’s stock worth $207,000 after acquiring an additional 1,040 shares during the period. Rakuten Investment Management Inc. grew its position in shares of PayPal by 7.4% during the 3rd quarter. Rakuten Investment Management Inc. now owns 226,620 shares of the credit services provider’s stock valued at $12,213,000 after acquiring an additional 15,668 shares during the period. First Nebraska Trust Co bought a new position in shares of PayPal during the 3rd quarter valued at approximately $1,690,000. VCI Wealth Management LLC purchased a new stake in shares of PayPal during the 3rd quarter worth approximately $1,144,000. Finally, Greenfield Seitz Capital Management LLC purchased a new stake in shares of PayPal during the 3rd quarter worth approximately $216,000. Institutional investors own 68.32% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Mizuho set a $51.00 price objective on shares of PayPal in a report on Friday, August 28th. The Goldman Sachs Group set a $50.00 target price on PayPal in a research note on Tuesday, July 28th. HSBC started coverage on PayPal in a research note on Friday, July 24th. They issued a “buy” rating for the company. Keefe, Bruyette & Woods boosted their target price on PayPal from $55.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of PayPal in a research note on Tuesday. Eight equities research analysts have rated the stock with a Buy rating, thirty-one have given a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $55.94.

About PayPal

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and businesses to send, receive, and manage money online and through mobile devices. Its services support online checkout, peer-to-peer payments, money transfers, payment processing, invoicing, and other commerce-related transactions.

The company’s portfolio includes the PayPal and Venmo brands, Braintree’s payment processing technology, and Xoom’s international money transfer service. PayPal also offers merchant tools, digital wallets, payment solutions, and consumer financing products through its platform and related services.

PayPal traces its origins to 1998 and became an independent publicly traded company after separating from eBay in 2015.