Money Concepts Capital Corp Has $1.82 Million Stock Holdings in PayPal Holdings, Inc. $PYPL

Money Concepts Capital Corp raised its stake in PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 564.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,173 shares of the credit services provider’s stock after buying an additional 26,484 shares during the quarter. Money Concepts Capital Corp’s holdings in PayPal were worth $1,820,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in PYPL. Maia Wealth LLC increased its stake in shares of PayPal by 2.5% during the 3rd quarter. Maia Wealth LLC now owns 6,404 shares of the credit services provider’s stock worth $424,000 after purchasing an additional 155 shares during the last quarter. Transatlantique Private Wealth LLC increased its stake in shares of PayPal by 2.9% during the 3rd quarter. Transatlantique Private Wealth LLC now owns 5,698 shares of the credit services provider’s stock worth $382,000 after purchasing an additional 159 shares during the last quarter. Martin & Co. Inc. TN increased its stake in shares of PayPal by 0.3% during the 3rd quarter. Martin & Co. Inc. TN now owns 56,934 shares of the credit services provider’s stock worth $3,818,000 after purchasing an additional 175 shares during the last quarter. RWA Wealth Partners LLC increased its stake in shares of PayPal by 0.7% during the 3rd quarter. RWA Wealth Partners LLC now owns 25,043 shares of the credit services provider’s stock worth $1,679,000 after purchasing an additional 184 shares during the last quarter. Finally, Waldron Private Wealth LLC increased its stake in shares of PayPal by 6.5% during the 3rd quarter. Waldron Private Wealth LLC now owns 3,040 shares of the credit services provider’s stock worth $204,000 after purchasing an additional 186 shares during the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on PYPL shares. Wall Street Zen lowered shares of PayPal from a “buy” rating to a “hold” rating in a research note on Sunday, January 18th. Susquehanna dropped their price target on shares of PayPal from $90.00 to $63.00 and set a “positive” rating on the stock in a research note on Wednesday, February 4th. Truist Financial decreased their price objective on shares of PayPal from $45.00 to $44.00 and set a “sell” rating for the company in a report on Tuesday. The Goldman Sachs Group decreased their price objective on shares of PayPal from $41.00 to $40.00 in a report on Wednesday, May 6th. Finally, Wells Fargo & Company decreased their price objective on shares of PayPal from $67.00 to $48.00 and set an “equal weight” rating for the company in a report on Wednesday, February 4th. Eight equities research analysts have rated the stock with a Buy rating, thirty-two have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat, PayPal has a consensus rating of “Hold” and a consensus price target of $55.85.

Check Out Our Latest Research Report on PYPL

Insider Buying and Selling

In related news, CAO Chris Natali sold 2,208 shares of PayPal stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $44.73, for a total transaction of $98,763.84. Following the transaction, the chief accounting officer owned 1,140 shares of the company’s stock, valued at $50,992.20. This trade represents a 65.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Suzan Kereere sold 37,613 shares of PayPal stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $41.49, for a total transaction of $1,560,563.37. Following the completion of the transaction, the insider directly owned 30,983 shares in the company, valued at approximately $1,285,484.67. The trade was a 54.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 96,199 shares of company stock valued at $4,294,018 in the last 90 days. 0.63% of the stock is owned by insiders.

More PayPal News

Here are the key news stories impacting PayPal this week:

  • Positive Sentiment: PayPal announced a multi-year partnership with the Seattle Seahawks, making it the team’s official fan-to-fan payments and digital ticket processing partner. The deal adds ticketing integration, Venmo connectivity, and fan perks, which could help boost usage and engagement across PayPal’s ecosystem. Article Title
  • Positive Sentiment: Venmo is rolling out a major app overhaul and privacy update that sets new users’ transactions to “friends only” by default. While framed as a privacy fix, the redesign also shows PayPal is investing in Venmo as a broader social and financial-services platform, which may support longer-term user growth. Article Title
  • Neutral Sentiment: PayPal shares are drawing continued investor attention after recent results, with some commentators arguing the stock could be a value opportunity following the post-earnings pullback. This reflects interest in the valuation, but it does not change the near-term operating picture. Article Title
  • Negative Sentiment: Truist cut its price target on PayPal to $44 from $45 and kept a Sell rating, citing weakness in cross-border volume. That added to a cautious analyst tone that may be weighing on the stock. Article Title
  • Negative Sentiment: The Wall Street Journal reported that PayPal reached a $30 million settlement with the Justice Department over minority funding issues, adding an overhang from regulatory and legal scrutiny. Article Title

PayPal Price Performance

NASDAQ:PYPL opened at $45.44 on Wednesday. The company has a market capitalization of $40.08 billion, a price-to-earnings ratio of 8.53, a PEG ratio of 1.13 and a beta of 1.39. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.26 and a current ratio of 1.26. The company has a 50-day moving average of $46.69 and a 200-day moving average of $53.49. PayPal Holdings, Inc. has a 52 week low of $38.46 and a 52 week high of $79.50.

PayPal (NASDAQ:PYPLGet Free Report) last announced its earnings results on Tuesday, May 5th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the company posted $1.33 EPS. As a group, equities research analysts anticipate that PayPal Holdings, Inc. will post 5.31 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be given a dividend of $0.14 per share. The ex-dividend date is Thursday, June 4th. This represents a $0.56 annualized dividend and a dividend yield of 1.2%. PayPal’s payout ratio is currently 10.51%.

About PayPal

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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