Flagship Harbor Advisors LLC Lowers Holdings in PayPal Holdings, Inc. $PYPL

Flagship Harbor Advisors LLC trimmed its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 4.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,059 shares of the credit services provider’s stock after selling 894 shares during the period. Flagship Harbor Advisors LLC’s holdings in PayPal were worth $1,491,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Evermay Wealth Management LLC raised its position 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 acquiring an additional 363 shares in the last quarter. Hilltop National Bank bought a new position in shares of PayPal in the 2nd quarter worth $27,000. Gordian Capital Singapore Pte Ltd raised its position 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 acquiring an additional 138 shares in the last quarter. Cornerstone Planning Group LLC raised 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 worth $42,000 after acquiring an additional 196 shares in the last quarter. Finally, American National Bank & Trust raised its position in shares of PayPal by 52.5% in the 2nd quarter. American National Bank & Trust now owns 610 shares of the credit services provider’s stock worth $45,000 after acquiring an additional 210 shares in the last quarter. 68.32% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on PYPL shares. KeyCorp reaffirmed a “hold” rating on shares of PayPal in a research report on Wednesday, October 22nd. Rothschild & Co Redburn upped their target price on PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research report on Tuesday, September 16th. The Goldman Sachs Group upped their target price on PayPal from $70.00 to $72.00 and gave the company a “sell” rating in a research report on Wednesday. Argus upped their target price on PayPal from $81.00 to $87.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, UBS Group upped their target price on PayPal from $75.00 to $80.00 and gave the company a “neutral” rating in a research report on Wednesday. Sixteen research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $83.29.

PayPal Stock Down 4.6%

Shares of PYPL stock opened at $69.68 on Thursday. The stock’s 50-day simple moving average is $69.07 and its 200-day simple moving average is $70.06. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.34. The firm has a market capitalization of $66.57 billion, a PE ratio of 13.96, a P/E/G ratio of 1.10 and a beta of 1.44. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data 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. The business had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The company’s revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Equities analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

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

Insider Buying and Selling

In related news, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total transaction of $288,801.18. Following the sale, the insider directly owned 48,483 shares of the company’s stock, valued at $3,364,235.37. This trade represents a 7.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.08% of the stock is currently owned by company insiders.

PayPal Company 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.