PayPal (NASDAQ:PYPL) CAO Sells $23,542.80 in Stock

PayPal Holdings, Inc. (NASDAQ:PYPLGet Free Report) CAO Chris Natali sold 552 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $42.65, for a total transaction of $23,542.80. Following the completion of the transaction, the chief accounting officer directly owned 1,770 shares in the company, valued at $75,490.50. The trade was a 23.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Chris Natali also recently made the following trade(s):

  • On Wednesday, April 29th, Chris Natali sold 1,337 shares of PayPal stock. The stock was sold at an average price of $49.46, for a total transaction of $66,128.02.

PayPal Price Performance

Shares of NASDAQ:PYPL opened at $41.29 on Friday. The company’s fifty day moving average price is $46.20 and its 200-day moving average price is $50.59. The firm has a market capitalization of $36.42 billion, a price-to-earnings ratio of 7.75, a PEG ratio of 1.03 and a beta of 1.34. PayPal Holdings, Inc. has a one year low of $38.46 and a one year high of $79.50. 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 (NASDAQ:PYPLGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The credit services provider reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.07. The firm had revenue of $8.35 billion for the quarter, compared to analyst estimates of $8.05 billion. PayPal had a net margin of 15.00% and a return on equity of 25.02%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.33 EPS. On average, equities research analysts anticipate that PayPal Holdings, Inc. will post 5.3 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $0.56 annualized dividend and a dividend yield of 1.4%. PayPal’s dividend payout ratio (DPR) is currently 10.51%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on PYPL shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $59.00 target price on shares of PayPal in a report on Wednesday, May 6th. Wolfe Research reaffirmed a “sell” rating on shares of PayPal in a report on Monday, February 23rd. Citigroup increased their target price on shares of PayPal from $42.00 to $48.00 and gave the company a “neutral” rating in a report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of PayPal from $50.00 to $45.00 in a report on Monday, May 11th. Finally, UBS Group increased their target price on shares of PayPal from $44.00 to $48.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Eight equities research analysts have rated the stock with a Buy rating, thirty-two have assigned a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $55.85.

View Our Latest Analysis on PayPal

Institutional Investors Weigh In On PayPal

A number of large investors have recently added to or reduced their stakes in the company. Maia Wealth LLC grew its holdings in PayPal by 2.5% in the 3rd quarter. Maia Wealth LLC now owns 6,404 shares of the credit services provider’s stock worth $424,000 after acquiring an additional 155 shares during the last quarter. Transatlantique Private Wealth LLC grew its holdings in PayPal by 2.9% in the 3rd quarter. Transatlantique Private Wealth LLC now owns 5,698 shares of the credit services provider’s stock worth $382,000 after acquiring an additional 159 shares during the last quarter. Martin & Co. Inc. TN grew its holdings in PayPal by 0.3% in the 3rd quarter. Martin & Co. Inc. TN now owns 56,934 shares of the credit services provider’s stock worth $3,818,000 after acquiring an additional 175 shares during the last quarter. RWA Wealth Partners LLC grew its holdings in PayPal by 0.7% in the 3rd quarter. RWA Wealth Partners LLC now owns 25,043 shares of the credit services provider’s stock worth $1,679,000 after acquiring an additional 184 shares during the last quarter. Finally, GeoWealth Management LLC grew its holdings in PayPal by 6.2% in the 3rd quarter. GeoWealth Management LLC now owns 3,214 shares of the credit services provider’s stock worth $216,000 after acquiring an additional 188 shares during the last quarter. Institutional investors own 68.32% of the company’s stock.

More PayPal News

Here are the key news stories impacting PayPal this week:

PayPal Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for PayPal (NASDAQ:PYPL)

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