Souders Financial Advisors acquired a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,782 shares of the credit services provider’s stock, valued at approximately $207,000.
Several other large investors have also modified their holdings of the stock. Evermay Wealth Management LLC lifted its position in PayPal by 726.0% in the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $27,000 after acquiring an additional 363 shares during the last quarter. Hilltop National Bank purchased a new position in shares of PayPal during the second quarter worth about $27,000. MUFG Securities EMEA plc increased its position in shares of PayPal by 100.4% during the second quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after purchasing an additional 87,524 shares in the last quarter. Gordian Capital Singapore Pte Ltd lifted 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 valued at $31,000 after purchasing an additional 138 shares during the last quarter. Finally, Cornerstone Planning Group LLC boosted its position in shares of PayPal by 41.7% in the 1st quarter. Cornerstone Planning Group LLC now owns 666 shares of the credit services provider’s stock valued at $42,000 after purchasing an additional 196 shares during the period. Institutional investors and hedge funds own 68.32% of the company’s stock.
Insider Buying and Selling
In related news, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $68.97, for a total value of $264,706.86. Following the completion of the transaction, the executive vice president directly owned 16,989 shares of the company’s stock, valued at $1,171,731.33. This trade represents a 18.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Suzan Kereere sold 12,500 shares of PayPal stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $68.87, for a total value of $860,875.00. Following the transaction, the insider directly owned 30,983 shares of the company’s stock, valued at approximately $2,133,799.21. This represents a 28.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 26,874 shares of company stock valued at $1,856,968. Corporate insiders own 0.08% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on PayPal
PayPal Stock Performance
NASDAQ PYPL opened at $66.26 on Friday. The stock has a market capitalization of $62.00 billion, a price-to-earnings ratio of 13.28, a PEG ratio of 1.00 and a beta of 1.45. The business’s 50 day moving average is $68.85 and its two-hundred day moving average is $70.26. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56.
PayPal (NASDAQ:PYPL – Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $8.21 billion. During the same period in the previous year, the business earned $1.20 earnings per share. The company’s revenue for the quarter 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. Research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current year.
PayPal Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.56 dividend on an annualized basis and a yield of 0.8%.
PayPal Profile
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.
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