Meridian Management Co. Buys 2,740 Shares of PayPal Holdings, Inc. $PYPL

Meridian Management Co. lifted its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 3.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,989 shares of the credit services provider’s stock after acquiring an additional 2,740 shares during the period. PayPal makes up about 1.5% of Meridian Management Co.’s investment portfolio, making the stock its 22nd largest holding. Meridian Management Co.’s holdings in PayPal were worth $5,500,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Gordian Capital Singapore Pte Ltd increased its position in shares of 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 in the last quarter. GSB Wealth Management LLC increased its position in shares of PayPal by 1.7% during the second quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after acquiring an additional 140 shares in the last quarter. CreativeOne Wealth LLC increased its position in shares of PayPal by 1.5% during the first quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock worth $613,000 after acquiring an additional 142 shares in the last quarter. Pitti Group Wealth Management LLC increased its position in shares of PayPal by 1.5% during the second quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock worth $761,000 after acquiring an additional 147 shares in the last quarter. Finally, MONECO Advisors LLC increased its position in shares of PayPal by 0.8% during the first quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock worth $1,334,000 after acquiring an additional 154 shares in the last quarter. Institutional investors own 68.32% of the company’s stock.

PayPal Stock Performance

Shares of PYPL opened at $69.27 on Friday. The firm has a 50-day moving average of $69.06 and a 200-day moving average of $70.15. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The company has a market cap of $64.81 billion, a PE ratio of 13.88, a price-to-earnings-growth ratio of 1.02 and a beta of 1.44. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.33.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The company had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. During the same quarter last year, the firm posted $1.20 EPS. The company’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. FY 2025 guidance at 5.350-5.390 EPS. As a group, equities 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 will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, November 19th.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on PYPL. UBS Group increased their price objective on shares of PayPal from $75.00 to $80.00 and gave the stock a “neutral” rating in a research report on Wednesday. Citigroup raised shares of PayPal to a “hold” rating in a research report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft set a $75.00 target price on shares of PayPal in a research report on Tuesday, July 29th. Morgan Stanley reaffirmed a “negative” rating on shares of PayPal in a research report on Wednesday. Finally, Cowen reaffirmed a “mixed” rating on shares of PayPal in a research report on Wednesday. Fifteen research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, PayPal presently has an average rating of “Hold” and a consensus price target of $83.10.

Insider Activity

In other news, CAO Chris Natali sold 1,374 shares of PayPal stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $69.13, for a total value of $94,984.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Suzan Kereere sold 5,000 shares of PayPal stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $69.52, for a total transaction of $347,600.00. Following the completion of the transaction, the insider directly owned 43,483 shares of the company’s stock, valued at approximately $3,022,938.16. This trade represents a 10.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 14,374 shares of company stock valued at $996,093 in the last quarter. Company insiders own 0.08% of the company’s stock.

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.