Fragasso Financial Advisors Inc Sells 20,458 Shares of PayPal Holdings, Inc. $PYPL

Fragasso Financial Advisors Inc cut its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 73.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,400 shares of the credit services provider’s stock after selling 20,458 shares during the quarter. Fragasso Financial Advisors Inc’s holdings in PayPal were worth $512,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Hilltop National Bank purchased a new position in shares of PayPal in the 2nd quarter worth $27,000. MUFG Securities EMEA plc grew its position in PayPal by 100.4% in the second quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after acquiring an additional 87,524 shares in the last quarter. Gordian Capital Singapore Pte Ltd increased its stake 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 worth $31,000 after acquiring an additional 138 shares during the last quarter. VSM Wealth Advisory LLC purchased a new stake in PayPal during the second quarter valued at approximately $36,000. Finally, Total Investment Management Inc. purchased a new stake in PayPal during the second quarter valued at approximately $38,000. Hedge funds and other institutional investors own 68.32% of the company’s stock.

PayPal Trading Down 1.9%

NASDAQ PYPL opened at $60.18 on Thursday. The stock has a market cap of $56.31 billion, a PE ratio of 12.06, a PEG ratio of 0.83 and a beta of 1.43. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.25. The company’s 50-day moving average price is $65.10 and its 200-day moving average price is $68.94. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56.

PayPal (NASDAQ:PYPL) last announced 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. The company had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS and its FY 2025 guidance at 5.350-5.390 EPS. Equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

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

Insider Transactions at PayPal

In other PayPal news, insider Suzan Kereere sold 12,500 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $68.87, for a total transaction of $860,875.00. Following the transaction, the insider directly owned 30,983 shares in the company, valued at $2,133,799.21. This trade represents a 28.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Chris Natali sold 1,374 shares of the company’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $69.13, for a total value of $94,984.62. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 36,156 shares of company stock worth $2,432,524 in the last ninety days. 0.08% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

PYPL has been the topic of several analyst reports. Evercore ISI cut their target price on PayPal from $75.00 to $65.00 and set an “in-line” rating on the stock in a research report on Monday, December 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of PayPal in a research report on Wednesday, October 8th. Compass Point lowered their target price on shares of PayPal from $66.00 to $56.00 and set a “sell” rating for the company in a report on Tuesday, December 9th. Truist Financial lifted their price target on shares of PayPal from $65.00 to $66.00 and gave the stock a “sell” rating in a research note on Tuesday, November 4th. Finally, Morgan Stanley reissued a “negative” rating on shares of PayPal in a research report on Wednesday, October 29th. Twelve equities research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target 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.