PayPal Holdings, Inc. $PYPL Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. cut its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 4.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 433,857 shares of the credit services provider’s stock after selling 22,396 shares during the period. Asset Management One Co. Ltd.’s holdings in PayPal were worth $29,094,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Thompson Investment Management Inc. increased its position in PayPal by 2.8% during the 2nd quarter. Thompson Investment Management Inc. now owns 154,991 shares of the credit services provider’s stock worth $11,519,000 after purchasing an additional 4,165 shares during the period. Kathmere Capital Management LLC purchased a new stake in shares of PayPal in the second quarter valued at approximately $325,000. Merit Financial Group LLC boosted its stake in shares of PayPal by 15.5% in the third quarter. Merit Financial Group LLC now owns 164,901 shares of the credit services provider’s stock valued at $11,058,000 after buying an additional 22,139 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in PayPal during the second quarter worth $3,513,000. Finally, Clearline Capital LP grew its holdings in PayPal by 179.8% during the first quarter. Clearline Capital LP now owns 300,340 shares of the credit services provider’s stock worth $19,597,000 after acquiring an additional 193,000 shares during the period. 68.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on PYPL shares. Rothschild & Co Redburn raised their target price on PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, September 16th. KGI Securities reduced their price objective on shares of PayPal from $85.00 to $80.00 in a research note on Monday, November 10th. TD Cowen upped their target price on shares of PayPal from $75.00 to $80.00 and gave the stock a “hold” rating in a research report on Wednesday, October 29th. KeyCorp reaffirmed a “hold” rating on shares of PayPal in a report on Wednesday, October 22nd. Finally, Royal Bank Of Canada lifted their price target on shares of PayPal from $88.00 to $91.00 and gave the company an “outperform” rating in a research report on Tuesday, October 28th. Fourteen 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 data from MarketBeat.com, PayPal currently has an average rating of “Hold” and a consensus price target of $78.29.

Insider Buying and Selling

In other PayPal news, EVP Aaron Webster sold 9,282 shares of the firm’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $66.29, for a total transaction of $615,303.78. Following the completion of the transaction, the executive vice president owned 35,699 shares of the company’s stock, valued at approximately $2,366,486.71. This trade represents a 20.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $68.97, for a total value of $264,706.86. Following the completion of the sale, the executive vice president owned 16,989 shares in the company, valued at $1,171,731.33. This represents a 18.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 36,156 shares of company stock worth $2,432,524. 0.08% of the stock is currently owned by corporate insiders.

PayPal Stock Performance

NASDAQ:PYPL opened at $58.14 on Monday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $54.40 billion, a P/E ratio of 11.65, a price-to-earnings-growth ratio of 0.72 and a beta of 1.42. The firm has a 50-day moving average price of $62.70 and a two-hundred day moving average price of $67.81. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.25.

PayPal (NASDAQ:PYPL) last announced 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 company had revenue of $8.42 billion for the quarter, compared to the consensus estimate of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The company’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 earned $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. As a group, research analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th were issued 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 was Wednesday, November 19th. PayPal’s dividend payout ratio is 11.22%.

About PayPal

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.