PayPal Holdings, Inc. $PYPL Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. trimmed its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 0.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 86,146,328 shares of the credit services provider’s stock after selling 75,521 shares during the period. Vanguard Group Inc. owned 9.02% of PayPal worth $6,402,395,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Deutsche Bank AG lifted its holdings in PayPal by 19.1% in the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after purchasing an additional 1,798,330 shares during the period. Invesco Ltd. increased its stake in PayPal by 14.9% during the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock valued at $620,924,000 after buying an additional 1,232,155 shares during the period. Goldman Sachs Group Inc. raised its position in shares of PayPal by 44.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock worth $558,499,000 after buying an additional 2,638,815 shares in the last quarter. Nuveen LLC bought a new stake in shares of PayPal during the 1st quarter worth about $529,264,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of PayPal by 2.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 7,848,019 shares of the credit services provider’s stock worth $512,083,000 after acquiring an additional 213,355 shares during the period. Institutional investors own 68.32% of the company’s stock.

PayPal Trading Down 1.9%

Shares of PYPL opened at $60.70 on Wednesday. The business’s 50-day moving average price is $68.16 and its 200 day moving average price is $70.36. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $56.79 billion, a P/E ratio of 12.16, a P/E/G ratio of 0.91 and a beta of 1.45. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66.

PayPal (NASDAQ:PYPL) last announced its earnings results 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. The company had revenue of $8.42 billion during 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 for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the company 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. Analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Dividend Announcement

The firm 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 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 19th.

Insider Activity at PayPal

In related news, CAO Chris Natali sold 1,374 shares of the firm’s 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 legal filing with the Securities & Exchange Commission, which is available through this link. 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 transaction of $860,875.00. Following the sale, the insider directly owned 30,983 shares of the company’s stock, valued at $2,133,799.21. This trade represents a 28.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 31,994 shares of company stock valued at $2,183,470 over the last ninety days. 0.08% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Mizuho set a $84.00 price objective on shares of PayPal in a research note on Thursday, October 30th. Canaccord Genuity Group increased their price target on PayPal from $96.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. HSBC boosted their price objective on PayPal from $86.00 to $93.00 and gave the stock a “buy” 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. Finally, The Goldman Sachs Group lifted their target price on PayPal from $70.00 to $72.00 and gave the stock a “sell” rating in a report on Wednesday, October 29th. Fifteen investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $82.56.

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.