PayPal Holdings, Inc. $PYPL Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC raised its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 47.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 76,000 shares of the credit services provider’s stock after buying an additional 24,332 shares during the quarter. International Assets Investment Management LLC’s holdings in PayPal were worth $3,992,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Parcion Private Wealth LLC increased its position in PayPal by 11.5% during the 3rd quarter. Parcion Private Wealth LLC now owns 11,967 shares of the credit services provider’s stock worth $629,000 after purchasing an additional 1,233 shares in the last quarter. Partners Wealth Management LLC purchased a new position in PayPal in the 3rd quarter valued at about $312,000. Soltis Investment Advisors LLC purchased a new position in PayPal in the 3rd quarter valued at about $276,000. United Asset Strategies Inc. boosted its stake in shares of PayPal by 2.1% during the 3rd quarter. United Asset Strategies Inc. now owns 33,185 shares of the credit services provider’s stock worth $1,743,000 after purchasing an additional 670 shares during the last quarter. Finally, Choreo LLC boosted its stake in shares of PayPal by 11.6% during the 3rd quarter. Choreo LLC now owns 18,843 shares of the credit services provider’s stock worth $990,000 after purchasing an additional 1,962 shares during the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Insider Buying and Selling at PayPal

In other PayPal news, insider Suzan Kereere sold 4,162 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $60.96, for a total transaction of $253,715.52. Following the completion of the sale, the insider directly owned 30,983 shares in the company, valued at $1,888,723.68. The trade was a 11.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $55.43, for a total transaction of $255,643.16. Following the completion of the sale, the insider directly owned 41,567 shares of the company’s stock, valued at $2,304,058.81. The trade was a 9.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 13,437 shares of company stock valued at $768,417 over the last ninety days. Corporate insiders own 0.63% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on PYPL shares. Susquehanna boosted their price objective on shares of PayPal from $63.00 to $67.00 and gave the company a “positive” rating in a research report on Wednesday, July 29th. BNP Paribas Exane raised their target price on shares of PayPal from $43.50 to $52.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Royal Bank Of Canada upped their target price on PayPal from $65.00 to $70.00 and gave the company an “outperform” rating in a research note on Monday, August 31st. HSBC assumed coverage on PayPal in a research report on Friday, July 24th. They set a “buy” rating on the stock. Finally, BTIG Research reissued a “neutral” rating on shares of PayPal in a research note on Tuesday, October 27th. Eight research analysts have rated the stock with a Buy rating, thirty-one have issued a Hold rating and six have assigned a Sell rating to the company’s stock. According to MarketBeat, PayPal presently has an average rating of “Hold” and an average target price of $55.94.

PayPal Stock Performance

PayPal stock opened at $57.01 on Monday. The stock’s 50-day moving average is $55.36 and its 200-day moving average is $50.04. The company has a market cap of $47.36 billion, a price-to-earnings ratio of 10.88, a price-to-earnings-growth ratio of 1.20 and a beta of 1.27. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.26 and a quick ratio of 1.26. PayPal Holdings, Inc. has a 12 month low of $38.46 and a 12 month high of $70.35.

PayPal (NASDAQ:PYPL) last issued its earnings results on Tuesday, October 27th. The credit services provider reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.14. PayPal had a return on equity of 24.39% and a net margin of 13.78%. The business had revenue of $8.58 billion during the quarter, compared to analysts’ expectations of $8.71 billion. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.34 EPS. Equities analysts anticipate that PayPal Holdings, Inc. will post 5.58 earnings per share for the current year.

PayPal Dividend Announcement

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

PayPal News Roundup

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.

PayPal Profile

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.