Cim Investment Management Inc. Purchases 8,708 Shares of PayPal Holdings, Inc. $PYPL

Cim Investment Management Inc. lifted its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 99.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,447 shares of the credit services provider’s stock after acquiring an additional 8,708 shares during the period. Cim Investment Management Inc.’s holdings in PayPal were worth $1,393,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Gordian Capital Singapore Pte Ltd raised its position in PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 138 shares in the last quarter. GSB Wealth Management LLC raised its holdings in shares of PayPal by 1.7% during the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after buying an additional 140 shares in the last quarter. CreativeOne Wealth LLC lifted its position in shares of PayPal by 1.5% during the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock worth $613,000 after buying an additional 142 shares during the last quarter. Pitti Group Wealth Management LLC lifted its position in shares of PayPal by 1.5% during the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock worth $761,000 after buying an additional 147 shares during the last quarter. Finally, Falcon Wealth Planning boosted its stake in PayPal by 2.5% in the second quarter. Falcon Wealth Planning now owns 6,295 shares of the credit services provider’s stock valued at $468,000 after buying an additional 156 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

Insider Activity

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $68.97, for a total transaction of $264,706.86. Following the completion of the transaction, the executive vice president owned 16,989 shares in the company, valued at approximately $1,171,731.33. This trade represents a 18.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Chris Natali sold 1,374 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 36,156 shares of company stock worth $2,432,524. 0.08% of the stock is owned by company insiders.

PayPal Price Performance

PYPL stock opened at $61.66 on Friday. The company has a market capitalization of $57.69 billion, a P/E ratio of 12.36, a PEG ratio of 0.84 and a beta of 1.43. The company has a fifty day moving average price of $65.89 and a 200-day moving average price of $69.15. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.25.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share 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 business had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. During the same period in the prior year, the business posted $1.20 earnings per share. PayPal’s quarterly revenue was up 7.3% on a year-over-year basis. 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, equities analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were issued a $0.14 dividend. The ex-dividend date was Wednesday, November 19th. This represents a $0.56 annualized dividend and a yield of 0.9%. PayPal’s dividend payout ratio is presently 11.22%.

Analysts Set New Price Targets

Several brokerages have commented on PYPL. JPMorgan Chase & Co. reissued a “neutral” rating and set a $70.00 target price (down previously from $85.00) on shares of PayPal in a research note on Thursday, December 4th. Cowen reiterated a “mixed” rating on shares of PayPal in a research report on Wednesday, October 29th. Macquarie increased their price objective on shares of PayPal from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, October 29th. HSBC boosted their target price on shares of PayPal from $86.00 to $93.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $66.00 price target (down from $83.00) on shares of PayPal in a research note on Friday. Twelve equities research analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, PayPal has a consensus rating of “Hold” and an average target price of $78.97.

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.