Greenwood Capital Associates LLC bought a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) during the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 51,678 shares of the credit services provider’s stock, valued at approximately $2,337,000.
Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of PayPal by 15.2% in the fourth quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock valued at $596,000 after buying an additional 924 shares during the period. Revolve Wealth Partners LLC acquired a new stake in PayPal in the 4th quarter valued at about $248,000. Sivia Capital Partners LLC boosted its position in shares of PayPal by 41.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,470 shares of the credit services provider’s stock valued at $332,000 after purchasing an additional 1,310 shares in the last quarter. United Bank grew its stake in shares of PayPal by 40.1% in the 2nd quarter. United Bank now owns 17,388 shares of the credit services provider’s stock worth $1,292,000 after purchasing an additional 4,974 shares during the last quarter. Finally, Federated Hermes Inc. raised its holdings in shares of PayPal by 17.9% in the 2nd quarter. Federated Hermes Inc. now owns 18,909 shares of the credit services provider’s stock worth $1,405,000 after purchasing an additional 2,865 shares in the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting PayPal
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: PayPal is leaning harder into buy now, pay later (BNPL) as part of its checkout strategy, with reports suggesting the service could help lift conversion rates and increase basket sizes for merchants. PayPal (PYPL) Is Making BNPL A Bigger Part Of Checkout Growth
- Positive Sentiment: Management is also highlighting an AI-driven savings target of $1.5 billion, which could free up capital for investment in checkout, Venmo, and platform improvements while potentially supporting longer-term earnings growth. PayPal AI Push: Will $1.5B Savings Drive Faster Growth Ahead?
- Neutral Sentiment: Recent articles note that investors are closely watching PayPal because the stock remains cheap relative to peers and has drawn renewed market interest, but the broader thesis is still dependent on execution. Investors Heavily Search PayPal Holdings, Inc. (PYPL): Here is What You Need to Know
- Negative Sentiment: Analyst coverage is still mixed, and at least one recent initiation came in on a bearish note, reflecting ongoing concern about PayPal’s growth outlook and competitive position. This PayPal Analyst Begins Coverage On A Bearish Note; Here Are Top 5 Initiations For Wednesday
- Negative Sentiment: Some commentary also points to a cautious 2026 outlook and compares PayPal unfavorably with stronger fintech peers, which may be limiting enthusiasm despite the valuation appeal. Mastercard Vs. Paypal: The Argument Over Which Undervalued Fintech To Buy Has a Clear Cut Answer
PayPal Trading Down 2.5%
PayPal (NASDAQ:PYPL – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The credit services provider reported $1.34 EPS for the quarter, topping the consensus estimate of $1.27 by $0.07. The business had revenue of $8.35 billion during the quarter, compared to analysts’ expectations of $8.05 billion. PayPal had a net margin of 15.00% and a return on equity of 25.02%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company posted $1.33 earnings per share. As a group, analysts predict that PayPal Holdings, Inc. will post 5.32 earnings per share for the current fiscal year.
PayPal Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 4th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Thursday, June 4th. PayPal’s dividend payout ratio (DPR) is currently 10.51%.
Insider Activity at PayPal
In other PayPal news, insider Frank Keller sold 4,612 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $42.54, for a total value of $196,194.48. Following the transaction, the insider owned 41,567 shares in the company, valued at $1,768,260.18. The trade was a 9.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Suzan Kereere sold 3,379 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $42.79, for a total value of $144,587.41. Following the sale, the insider directly owned 30,983 shares of the company’s stock, valued at $1,325,762.57. This trade represents a 9.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 20,612 shares of company stock valued at $966,623. Insiders own 0.63% of the company’s stock.
Wall Street Analyst Weigh In
PYPL has been the topic of several recent research reports. Zacks Research upgraded shares of PayPal from a “strong sell” rating to a “hold” rating in a research report on Friday, April 17th. Mizuho restated a “neutral” rating and issued a $50.00 target price (down from $60.00) on shares of PayPal in a report on Thursday, April 16th. Barclays assumed coverage on PayPal in a report on Tuesday. They set an “underweight” rating and a $42.00 target price for the company. Weiss Ratings restated a “hold (c-)” rating on shares of PayPal in a report on Friday, May 8th. Finally, Bank of America decreased their target price on shares of PayPal from $55.00 to $53.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Seven investment analysts have rated the stock with a Buy rating, thirty-two have issued a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat, PayPal presently has a consensus rating of “Hold” and a consensus target price of $53.72.
View Our Latest Stock Report on PayPal
PayPal Profile
PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.
Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.
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Want to see what other hedge funds are holding PYPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report).
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