PayPal (NASDAQ:PYPL) Trading Down 1.3% After Insider Selling

Shares of PayPal Holdings, Inc. (NASDAQ:PYPL) were down 1.3% during mid-day trading on Monday following insider selling activity. The stock traded as low as $67.71 and last traded at $68.34. Approximately 14,521,937 shares were traded during mid-day trading, an increase of 20% from the average daily volume of 12,141,172 shares. The stock had previously closed at $69.27.

Specifically, CAO Chris Natali sold 1,374 shares of the business’s stock in a transaction dated 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 legal filing with the SEC, which can be accessed through the SEC website. Also, insider Suzan Kereere sold 5,000 shares of the business’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $69.52, for a total transaction of $347,600.00. Following the transaction, the insider owned 43,483 shares in the company, valued at approximately $3,022,938.16. This trade represents a 10.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In related news, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $68.97, for a total transaction of $264,706.86. Following the transaction, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,171,731.33. The trade was a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. JMP Securities cut their price target on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a report on Wednesday, July 30th. Canaccord Genuity Group boosted their target price on shares of PayPal from $96.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Wall Street Zen upgraded shares of PayPal from a “hold” rating to a “buy” rating in a research note on Saturday. Sanford C. Bernstein dropped their target price on shares of PayPal from $85.00 to $76.00 in a research note on Tuesday, October 21st. Finally, TD Cowen boosted their target price on shares of PayPal from $75.00 to $80.00 and gave the company a “hold” rating in a research note on Wednesday, October 29th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $83.00.

PayPal Trading Down 1.3%

The firm’s 50-day moving average price is $69.06 and its 200-day moving average price is $70.22. 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 company has a market cap of $63.94 billion, a P/E ratio of 13.70, a price-to-earnings-growth ratio of 1.02 and a beta of 1.44.

PayPal (NASDAQ:PYPL) last posted 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. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The company had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. During the same quarter in the previous year, the firm posted $1.20 earnings per share. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. 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 research analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The firm also recently declared 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. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.8%.

Institutional Trading of PayPal

Institutional investors and hedge funds have recently bought and sold shares of the company. Hilltop National Bank purchased a new stake in PayPal in the 2nd quarter worth approximately $27,000. MUFG Securities EMEA plc increased its holdings in shares of PayPal by 100.4% in the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after buying an additional 87,524 shares during the last quarter. Evermay Wealth Management LLC increased its holdings in shares of PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after buying an additional 363 shares during the last quarter. Cloud Capital Management LLC bought a new position in shares of PayPal in the 3rd quarter worth $30,000. Finally, Gordian Capital Singapore Pte Ltd increased its holdings in shares of PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after buying an additional 138 shares during the last quarter. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

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.