Step Capital Management Pte. Ltd. Acquires Shares of 105,000 PayPal Holdings, Inc. $PYPL

Step Capital Management Pte. Ltd. acquired a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) in the 4th quarter, HoldingsChannel reports. The fund acquired 105,000 shares of the credit services provider’s stock, valued at approximately $6,130,000. PayPal comprises about 2.8% of Step Capital Management Pte. Ltd.’s holdings, making the stock its 7th biggest holding.

Other institutional investors also recently modified their holdings of the company. Kelleher Financial Advisors bought a new stake in shares of PayPal in the third quarter worth about $30,000. Cloud Capital Management LLC bought a new position in PayPal during the 3rd quarter valued at approximately $30,000. Total Investment Management Inc. purchased a new stake in PayPal in the 2nd quarter worth approximately $38,000. True Wealth Design LLC lifted its holdings in PayPal by 285.3% in the 3rd quarter. True Wealth Design LLC now owns 524 shares of the credit services provider’s stock worth $35,000 after buying an additional 388 shares during the period. Finally, Dagco Inc. grew its position in shares of PayPal by 1,250.0% in the 3rd quarter. Dagco Inc. now owns 540 shares of the credit services provider’s stock worth $36,000 after buying an additional 500 shares during the last quarter. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

PayPal Stock Performance

PYPL opened at $45.34 on Monday. The stock has a market cap of $41.74 billion, a PE ratio of 8.38, a PEG ratio of 1.35 and a beta of 1.40. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.49. The business has a 50 day moving average of $45.16 and a 200-day moving average of $57.20. PayPal Holdings, Inc. has a 52 week low of $38.46 and a 52 week high of $79.50.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings results on Tuesday, February 3rd. The credit services provider reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.29 by ($0.06). The firm had revenue of $8.68 billion during the quarter, compared to analysts’ expectations of $8.82 billion. PayPal had a return on equity of 25.42% and a net margin of 15.77%.PayPal’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.19 earnings per share. Equities research analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th were given a $0.14 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.2%. PayPal’s dividend payout ratio is currently 10.35%.

Trending Headlines about PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal said it is investing aggressively to revive branded checkout growth (reported as a $400M push and product/monetization focus), which could support revenue recovery if execution improves. PayPal (PYPL) Invests $400M to Revive Checkout Growth
• Positive Sentiment: PayPal remains active in stablecoin and cross-border payments initiatives — a strategic area with regulatory complexity but meaningful long-term upside if it captures flows. Stablecoins roll on as rules evolve
• Neutral Sentiment: Loop Capital initiated coverage with a Hold and a $46 target, flagging execution risks and margin pressure — a middling analyst view that may cap upside until results/stability improve. Loop Capital initiates coverage of PayPal (PYPL) with hold recommendation
• Negative Sentiment: Multiple plaintiff law firms (Bragar Eagel & Squire, Howard G. Smith, Schall Law, Rosen, Pomerantz and Labaton Keller Sucharow) have publicized securities class-action filings and lead-plaintiff deadlines related to PayPal, increasing legal costs, uncertainty and potential settlements. Bragar Eagel & Squire reminder Rosen Law Firm reminder Labaton Keller Sucharow expanded filing
• Negative Sentiment: Press coverage highlights operational struggles: branded checkout slowdown, intensifying competition from Apple/Google, and leadership turnover — factors that heighten execution risk and weigh on sentiment. LA Times: PayPal transformed digital payments…
• Negative Sentiment: Aggregated market commentary and data highlight insider selling and large institutional reductions (e.g., UBS, Clearbridge), suggesting diminished confidence among some major holders and potential supply pressure. Quiver Quant summary
• Negative Sentiment: Analyst/commentary pieces tie weak Q4 results and prior guidance/execution issues to the new lawsuits and board/management changes, reinforcing short-term downside risk until clarity on execution and legal exposure is provided. TipRanks: Why PYPL stock is crashing

Insider Transactions at PayPal

In related news, insider Suzan Kereere sold 13,515 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $46.02, for a total transaction of $621,960.30. Following the sale, the insider owned 30,983 shares of the company’s stock, valued at $1,425,837.66. The trade was a 30.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Chris Natali sold 2,208 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $44.73, for a total transaction of $98,763.84. Following the completion of the sale, the chief accounting officer owned 1,140 shares in the company, valued at approximately $50,992.20. This trade represents a 65.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 87,608 shares of company stock valued at $3,831,535 in the last three months. 0.08% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

PYPL has been the topic of several research analyst reports. Sanford C. Bernstein reissued a “market perform” rating on shares of PayPal in a research note on Tuesday, February 24th. Robert W. Baird set a $52.00 price target on PayPal in a research note on Wednesday, February 4th. Wall Street Zen cut shares of PayPal from a “buy” rating to a “hold” rating in a report on Sunday, January 18th. Daiwa Securities Group reduced their price objective on shares of PayPal from $61.00 to $42.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 10th. Finally, Rothschild & Co Redburn decreased their price objective on shares of PayPal from $50.00 to $32.00 and set a “sell” rating for the company in a report on Wednesday, February 11th. Eight research analysts have rated the stock with a Buy rating, thirty-one have assigned a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $58.11.

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.