AXQ Capital LP Acquires 12,318 Shares of PayPal Holdings, Inc. $PYPL

AXQ Capital LP raised its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 212.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,112 shares of the credit services provider’s stock after purchasing an additional 12,318 shares during the period. AXQ Capital LP’s holdings in PayPal were worth $1,057,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of PYPL. Vanguard Group Inc. increased its position in PayPal by 6.5% during the 4th quarter. Vanguard Group Inc. now owns 90,376,927 shares of the credit services provider’s stock worth $5,276,205,000 after purchasing an additional 5,534,462 shares in the last quarter. Capital Research Global Investors increased its position in PayPal by 2.3% during the 3rd quarter. Capital Research Global Investors now owns 27,953,803 shares of the credit services provider’s stock worth $1,874,637,000 after purchasing an additional 636,441 shares in the last quarter. Norges Bank acquired a new position in PayPal during the 4th quarter worth approximately $949,758,000. Invesco Ltd. increased its position in PayPal by 10.9% during the 3rd quarter. Invesco Ltd. now owns 11,131,949 shares of the credit services provider’s stock worth $746,508,000 after purchasing an additional 1,093,365 shares in the last quarter. Finally, Amundi increased its position in PayPal by 1.6% during the 3rd quarter. Amundi now owns 8,493,311 shares of the credit services provider’s stock worth $605,488,000 after purchasing an additional 132,837 shares in the last quarter. Institutional investors own 68.32% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Evercore decreased their price target on shares of PayPal from $65.00 to $40.00 and set an “in-line” rating for the company in a research report on Tuesday, February 3rd. Zacks Research upgraded shares of PayPal from a “strong sell” rating to a “hold” rating in a research report on Friday, April 17th. Truist Financial decreased their price target on shares of PayPal from $45.00 to $44.00 and set a “sell” rating for the company in a research report on Tuesday, May 12th. William Blair restated a “market perform” rating on shares of PayPal in a research report on Tuesday, February 3rd. Finally, Canaccord Genuity Group reaffirmed a “hold” rating and issued a $42.00 price objective on shares of PayPal in a research note on Wednesday, May 20th. Eight investment analysts have rated the stock with a Buy rating, thirty-two have given a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $55.85.

PayPal Stock Performance

Shares of PYPL stock opened at $44.53 on Wednesday. The firm has a 50-day moving average of $46.34 and a 200-day moving average of $51.12. The company has a market cap of $39.28 billion, a P/E ratio of 8.35, a P/E/G ratio of 1.13 and a beta of 1.34. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.26 and a quick ratio of 1.26. PayPal Holdings, Inc. has a one year low of $38.46 and a one year high of $79.50.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Tuesday, May 5th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.07. PayPal had a net margin of 15.00% and a return on equity of 25.02%. The business had revenue of $8.35 billion during the quarter, compared to the consensus estimate of $8.05 billion. During the same quarter last year, the company posted $1.33 earnings per share. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. Equities research analysts forecast that PayPal Holdings, Inc. will post 5.3 EPS for the current fiscal year.

PayPal Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, June 4th. PayPal’s dividend payout ratio (DPR) is 10.51%.

Trending Headlines about PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal is drawing bullish attention after a rating upgrade suggested its business reset could start rewarding patient investors, which may be helping sentiment around the stock. PayPal’s Reset Could Finally Reward Patient Buyers (Rating Upgrade)
• Positive Sentiment: Michael Burry disclosed a significant bet on PayPal, which can boost investor confidence by signaling that a well-known value investor sees upside in the shares. Michael Burry Bets On PayPal Stock As It Trades Over 80% Down From 2021 Highs
• Positive Sentiment: PayPal and Hey Savi launched the UK’s first agentic commerce platform with in-app checkout, highlighting PayPal’s push into AI-driven shopping and new checkout experiences. Hey Savi and PayPal Launch UK’s First Agentic Commerce Platform with In-App Checkout; Debenhams Group Joins as First Retail Adopter
• Neutral Sentiment: PayPal is being discussed heavily across investor sites, but the article mainly reflects heightened attention rather than a new fundamental development. Investors Heavily Search PayPal Holdings, Inc. (PYPL): Here is What You Need to Know
• Neutral Sentiment: A story about Apple’s possible bill-splitting feature notes pressure on PayPal and Block, but it is still only a prospective product and not an immediate earnings driver. Apple Plans iPhone Bill Splitting as PayPal, Block Pare Gains
• Neutral Sentiment: Coverage on PayPal CEO leadership and the company’s AI efforts adds background context, but the headline alone does not indicate a major new financial catalyst. PayPal CEO leans on AI chief
• Negative Sentiment: Apple’s rumored bill-splitting tool could increase competition in consumer payments and checkout, potentially pressuring PayPal’s growth narrative over time. Apple Plans iPhone Bill Splitting as PayPal, Block Pare Gains

Insider Activity

In other news, CAO Chris Natali sold 1,337 shares of PayPal stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $49.46, for a total value of $66,128.02. Following the completion of the transaction, the chief accounting officer owned 1,586 shares in the company, valued at $78,443.56. This trade represents a 45.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 10,732 shares of PayPal stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $49.96, for a total transaction of $536,170.72. Following the completion of the transaction, the insider owned 41,567 shares of the company’s stock, valued at $2,076,687.32. The trade was a 20.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.63% of the stock is owned by company insiders.

PayPal Company Profile

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.