Baird Financial Group Inc. Sells 11,708 Shares of PayPal Holdings, Inc. $PYPL

Baird Financial Group Inc. cut its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 9.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 114,322 shares of the credit services provider’s stock after selling 11,708 shares during the quarter. Baird Financial Group Inc.’s holdings in PayPal were worth $8,496,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of PayPal by 15.2% during the fourth quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock worth $596,000 after buying an additional 924 shares in the last quarter. Revolve Wealth Partners LLC bought a new stake in PayPal during the 4th quarter worth $248,000. Savvy Advisors Inc. increased its holdings in PayPal by 6.6% in the 1st quarter. Savvy Advisors Inc. now owns 3,756 shares of the credit services provider’s stock worth $245,000 after purchasing an additional 232 shares in the last quarter. Townsquare Capital LLC raised its position in PayPal by 19.7% in the first quarter. Townsquare Capital LLC now owns 57,558 shares of the credit services provider’s stock valued at $3,756,000 after purchasing an additional 9,486 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its stake in shares of PayPal by 4.8% during the first quarter. Benjamin Edwards Inc. now owns 30,547 shares of the credit services provider’s stock valued at $1,993,000 after purchasing an additional 1,398 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on PYPL shares. Truist Financial raised their price objective on shares of PayPal from $65.00 to $66.00 and gave the company a “sell” rating in a report on Tuesday, November 4th. Argus raised their price target on shares of PayPal from $81.00 to $87.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Dbs Bank reduced their price objective on shares of PayPal from $75.00 to $70.00 and set a “hold” rating on the stock in a research note on Thursday, November 13th. The Goldman Sachs Group increased their price objective on PayPal from $70.00 to $72.00 and gave the company a “sell” rating in a report on Wednesday, October 29th. Finally, KeyCorp reaffirmed a “hold” rating on shares of PayPal in a report on Wednesday, October 22nd. Fifteen analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, PayPal presently has an average rating of “Hold” and a consensus target price of $81.39.

PayPal Price Performance

PYPL stock opened at $61.12 on Tuesday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. The firm has a market cap of $57.19 billion, a price-to-earnings ratio of 12.25, a PEG ratio of 0.84 and a beta of 1.43. The company’s fifty day simple moving average is $66.42 and its 200 day simple moving average is $69.40. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.14. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The firm had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.21 billion. During the same period last year, the company posted $1.20 EPS. The business’s quarterly revenue was up 7.3% on a year-over-year basis. 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 expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Dividend Announcement

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

Insider Activity at PayPal

In related news, CAO Chris Natali sold 1,374 shares of the business’s 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 filing with the SEC, which is available at this hyperlink. Also, 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 sale, the executive vice president owned 35,699 shares of the company’s stock, valued at $2,366,486.71. The trade was a 20.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 36,156 shares of company stock worth $2,432,524. 0.08% of the stock is owned by insiders.

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.