Frank Rimerman Advisors LLC Has $941,000 Position in PayPal Holdings, Inc. $PYPL

Frank Rimerman Advisors LLC raised its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 10.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,665 shares of the credit services provider’s stock after purchasing an additional 1,202 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in PayPal were worth $941,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PYPL. Evermay Wealth Management LLC raised its position in shares of PayPal by 726.0% in the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $27,000 after purchasing an additional 363 shares during the period. Hilltop National Bank acquired a new position in PayPal in the 2nd quarter valued at about $27,000. MUFG Securities EMEA plc raised its holdings in PayPal by 100.4% in the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock valued at $29,000 after acquiring an additional 87,524 shares during the period. Gordian Capital Singapore Pte Ltd lifted its position in PayPal by 41.2% during the first 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 during the last quarter. Finally, American National Bank & Trust boosted its holdings in shares of PayPal by 52.5% during the second 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 during the period. 68.32% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $68.97, for a total value of $264,706.86. Following the transaction, the executive vice president owned 16,989 shares in the company, valued at approximately $1,171,731.33. This trade represents a 18.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Chris Natali sold 1,374 shares of the business’s 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. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 31,994 shares of company stock valued at $2,183,470. 0.08% of the stock is owned by insiders.

PayPal Stock Performance

PYPL opened at $60.70 on Wednesday. The firm has a market cap of $56.79 billion, a P/E ratio of 12.16, a price-to-earnings-growth ratio of 0.91 and a beta of 1.45. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-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. The business’s fifty day moving average is $68.16 and its 200-day moving average is $70.36.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. The business had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.PayPal’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Sell-side analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 19th.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on PYPL shares. Argus increased their target price on PayPal from $81.00 to $87.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Canaccord Genuity Group increased their price objective on PayPal from $96.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Barclays reissued an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. JMP Securities reduced their target price on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a research report on Wednesday, July 30th. Finally, BNP Paribas Exane raised their price target on shares of PayPal from $69.00 to $71.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Fifteen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $82.56.

PayPal 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.