Wedbush Securities Inc. Has $1.64 Million Holdings in PayPal Holdings, Inc. $PYPL

Wedbush Securities Inc. lifted its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 7.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,044 shares of the credit services provider’s stock after purchasing an additional 1,509 shares during the quarter. Wedbush Securities Inc.’s holdings in PayPal were worth $1,638,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of PYPL. Bastion Asset Management Inc. bought a new position in shares of PayPal in the second quarter valued at $17,321,000. Mcrae Capital Management Inc. raised its holdings in shares of PayPal by 1.4% in the 2nd quarter. Mcrae Capital Management Inc. now owns 188,290 shares of the credit services provider’s stock worth $13,994,000 after acquiring an additional 2,509 shares during the last quarter. OneAscent Wealth Management LLC bought a new position in PayPal in the 2nd quarter valued at about $213,000. Soltis Investment Advisors LLC acquired a new position in PayPal during the 2nd quarter valued at about $300,000. Finally, Souders Financial Advisors acquired a new position in PayPal during the 2nd quarter valued at about $207,000. 68.32% of the stock is currently owned by institutional investors.

PayPal Price Performance

PYPL opened at $66.22 on Friday. 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 of $68.77 and a 200 day moving average of $70.36. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market cap of $61.96 billion, a P/E ratio of 13.27, a PEG ratio of 0.98 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, topping 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 business 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 revenue for the quarter was up 7.3% on a year-over-year basis. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. On average, research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders 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.

Analysts Set New Price Targets

PYPL has been the topic of a number of recent research reports. Needham & Company LLC restated a “hold” rating on shares of PayPal in a report on Tuesday, October 28th. Canaccord Genuity Group raised their price objective on PayPal from $96.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Mizuho set a $84.00 price objective on shares of PayPal in a report on Thursday, October 30th. Macquarie increased their target price on shares of PayPal from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday, October 29th. Finally, KeyCorp reissued a “hold” rating on shares of PayPal in a research report on Wednesday, October 22nd. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, PayPal currently has a consensus rating of “Hold” and an average target price of $83.03.

Insider Buying and Selling at PayPal

In other news, insider Suzan Kereere sold 12,500 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $68.87, for a total transaction of $860,875.00. Following the transaction, the insider owned 30,983 shares of the company’s stock, valued at $2,133,799.21. This represents a 28.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Chris Natali sold 1,374 shares of the stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $69.13, for a total value of $94,984.62. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 26,874 shares of company stock valued at $1,856,968. Company insiders own 0.08% of the company’s stock.

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.