Quadrant Private Wealth Management LLC Reduces Stock Position in PayPal Holdings, Inc. $PYPL

Quadrant Private Wealth Management LLC lessened its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 5.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 55,899 shares of the credit services provider’s stock after selling 3,056 shares during the period. PayPal makes up about 0.9% of Quadrant Private Wealth Management LLC’s investment portfolio, making the stock its 27th biggest position. Quadrant Private Wealth Management LLC’s holdings in PayPal were worth $4,154,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in PYPL. Marco Investment Management LLC increased its stake in shares of PayPal by 6.1% in the 2nd quarter. Marco Investment Management LLC now owns 48,608 shares of the credit services provider’s stock worth $3,613,000 after acquiring an additional 2,800 shares during the last quarter. Wedbush Securities Inc. boosted its position in shares of PayPal by 7.3% during the 2nd quarter. Wedbush Securities Inc. now owns 22,044 shares of the credit services provider’s stock valued at $1,638,000 after acquiring an additional 1,509 shares during the last quarter. Bastion Asset Management Inc. purchased a new stake in shares of PayPal in the second quarter valued at about $17,321,000. Mcrae Capital Management Inc. increased its position in PayPal by 1.4% during the second quarter. Mcrae Capital Management Inc. now owns 188,290 shares of the credit services provider’s stock worth $13,994,000 after purchasing an additional 2,509 shares during the last quarter. Finally, OneAscent Wealth Management LLC acquired a new stake in PayPal during the second quarter worth about $213,000. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on PYPL. Needham & Company LLC reiterated a “hold” rating on shares of PayPal in a report on Tuesday, October 28th. KeyCorp reaffirmed a “hold” rating on shares of PayPal in a research report on Wednesday, October 22nd. TD Cowen upped their price objective on PayPal from $75.00 to $80.00 and gave the company a “hold” rating in a report on Wednesday, October 29th. Barclays reissued an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. Finally, Sanford C. Bernstein reduced their target price on PayPal from $85.00 to $76.00 in a research report on Tuesday, October 21st. Fifteen equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $83.03.

Insider Transactions at PayPal

In other PayPal news, CAO Chris Natali sold 1,374 shares of the stock in a transaction that occurred on 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 document filed with the SEC, which can be accessed through the SEC website. Also, insider Suzan Kereere sold 12,500 shares of PayPal stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $68.87, for a total value of $860,875.00. Following the completion of the transaction, the insider owned 30,983 shares of the company’s stock, valued at approximately $2,133,799.21. This trade represents a 28.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 26,874 shares of company stock valued at $1,856,968. 0.08% of the stock is currently owned by corporate insiders.

PayPal Stock Down 0.1%

PayPal stock opened at $66.22 on Friday. The company has a market capitalization of $61.96 billion, a PE ratio of 13.27, a price-to-earnings-growth ratio of 0.98 and a beta of 1.45. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. The firm has a 50 day moving average price of $68.77 and a 200 day moving average price of $70.30.

PayPal (NASDAQ:PYPL) last released its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, topping 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 company had revenue of $8.42 billion for the quarter, compared to analysts’ expectations of $8.21 billion. During the same period in the prior year, the firm earned $1.20 earnings per share. The firm’s 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. Research analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

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 dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, November 19th.

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.