Headlands Technologies LLC Sells 44,457 Shares of PayPal Holdings, Inc. $PYPL

Headlands Technologies LLC lowered its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 34.5% during the second quarter, HoldingsChannel.com reports. The fund owned 84,499 shares of the credit services provider’s stock after selling 44,457 shares during the period. PayPal accounts for 0.8% of Headlands Technologies LLC’s portfolio, making the stock its 26th largest holding. Headlands Technologies LLC’s holdings in PayPal were worth $6,280,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of PayPal in the 2nd quarter valued at approximately $921,570,000. Lazard Asset Management LLC boosted its stake in PayPal by 1,066.0% in the 2nd quarter. Lazard Asset Management LLC now owns 2,106,215 shares of the credit services provider’s stock valued at $156,532,000 after buying an additional 1,925,583 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in PayPal by 45.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 3,569,023 shares of the credit services provider’s stock valued at $265,250,000 after acquiring an additional 1,107,202 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in PayPal by 15.2% during the second quarter. Robeco Institutional Asset Management B.V. now owns 5,726,695 shares of the credit services provider’s stock worth $425,608,000 after acquiring an additional 756,058 shares in the last quarter. Finally, Epoch Investment Partners Inc. bought a new stake in shares of PayPal in the 1st quarter worth about $46,103,000. Institutional investors and hedge funds own 68.32% of the company’s stock.

Insider Buying and Selling at PayPal

In other PayPal news, 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 transaction of $94,984.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $59.84, for a total transaction of $249,054.08. Following the sale, the insider owned 30,983 shares of the company’s stock, valued at $1,854,022.72. The trade was a 11.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 36,156 shares of company stock worth $2,432,524 in the last 90 days. Corporate insiders own 0.08% of the company’s stock.

PayPal Stock Down 0.0%

Shares of PYPL opened at $61.66 on Friday. The business’s fifty day moving average price is $65.89 and its two-hundred day moving average price is $69.15. The firm has a market capitalization of $57.69 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 0.84 and a beta of 1.43. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.25. 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 (NASDAQ:PYPL) last issued its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.14. The business had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS and its FY 2025 guidance at 5.350-5.390 EPS. On average, analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Jefferies Financial Group cut their price target on shares of PayPal from $75.00 to $60.00 and set a “hold” rating for the company in a report on Monday, November 24th. Evercore ISI reduced their target price on PayPal from $75.00 to $65.00 and set an “in-line” rating on the stock in a report on Monday, December 8th. Truist Financial raised their price target on PayPal from $65.00 to $66.00 and gave the company a “sell” rating in a report on Tuesday, November 4th. The Goldman Sachs Group boosted their price objective on PayPal from $70.00 to $72.00 and gave the stock a “sell” rating in a research note on Wednesday, October 29th. Finally, KeyCorp restated a “hold” rating on shares of PayPal in a report on Wednesday, October 22nd. Twelve research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, PayPal has an average 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.