Cambridge Financial Group Inc. Sells 19,250 Shares of PayPal Holdings, Inc. $PYPL

Cambridge Financial Group Inc. lowered its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 23.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,515 shares of the credit services provider’s stock after selling 19,250 shares during the quarter. PayPal makes up 2.3% of Cambridge Financial Group Inc.’s portfolio, making the stock its 26th biggest holding. Cambridge Financial Group Inc.’s holdings in PayPal were worth $4,572,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Nuveen LLC bought a new stake in shares of PayPal during the first quarter valued at approximately $529,264,000. Goldman Sachs Group Inc. grew its stake in PayPal by 44.6% during the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after acquiring an additional 2,638,815 shares in the last quarter. Deutsche Bank AG increased its holdings in PayPal by 19.1% in the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after acquiring an additional 1,798,330 shares during the last quarter. Invesco Ltd. lifted its stake in PayPal by 14.9% in the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after purchasing an additional 1,232,155 shares in the last quarter. Finally, Jupiter Asset Management Ltd. boosted its holdings in shares of PayPal by 301.7% during the 1st quarter. Jupiter Asset Management Ltd. now owns 1,156,955 shares of the credit services provider’s stock valued at $75,491,000 after purchasing an additional 868,953 shares during the last quarter. 68.32% of the stock is owned by hedge funds and other institutional investors.

PayPal Stock Performance

NASDAQ:PYPL opened at $66.22 on Monday. The firm has a market capitalization of $61.96 billion, a PE ratio of 13.27, a PEG ratio of 0.98 and a beta of 1.45. The stock’s fifty day moving average is $68.77 and its 200 day moving average is $70.42. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66. 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 (NASDAQ:PYPL) last posted 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 analysts’ expectations of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The business’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. On average, sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

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

Analyst Ratings Changes

A number of research firms recently commented on PYPL. KeyCorp reiterated a “hold” rating on shares of PayPal in a research report on Wednesday, October 22nd. The Goldman Sachs Group lifted their price objective on PayPal from $70.00 to $72.00 and gave the stock a “sell” rating in a research note on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on PayPal in a report on Tuesday, July 29th. Keefe, Bruyette & Woods raised their target price on shares of PayPal from $85.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday, October 29th. Finally, TD Cowen upped their price target on shares of PayPal from $75.00 to $80.00 and gave the company a “hold” rating in a research note on Wednesday, October 29th. Fifteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, PayPal presently has a consensus rating of “Hold” and a consensus 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 that occurred 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 approximately $2,133,799.21. This represents a 28.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Chris Natali sold 1,374 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $69.13, for a total value of $94,984.62. The SEC filing for this sale provides additional information. Insiders sold 26,874 shares of company stock worth $1,856,968 over the last 90 days. Company insiders own 0.08% of the company’s stock.

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.