AXQ Capital LP Buys 12,318 Shares of PayPal Holdings, Inc. $PYPL

AXQ Capital LP raised its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 212.6% in the 4th quarter, HoldingsChannel reports. The firm owned 18,112 shares of the credit services provider’s stock after purchasing an additional 12,318 shares during the period. AXQ Capital LP’s holdings in PayPal were worth $1,057,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of PYPL. Kelleher Financial Advisors bought a new stake in PayPal during the third quarter valued at approximately $30,000. Torren Management LLC bought a new stake in PayPal during the fourth quarter valued at approximately $31,000. Strategic Advocates LLC bought a new stake in PayPal during the third quarter valued at approximately $38,000. Steph & Co. lifted its position in PayPal by 103.1% during the fourth quarter. Steph & Co. now owns 656 shares of the credit services provider’s stock valued at $38,000 after purchasing an additional 333 shares during the last quarter. Finally, Garner Asset Management Corp bought a new stake in PayPal during the fourth quarter valued at approximately $39,000. 68.32% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other PayPal news, CAO Chris Natali sold 1,337 shares of the business’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $49.46, for a total transaction of $66,128.02. Following the transaction, the chief accounting officer directly owned 1,586 shares of the company’s stock, valued at approximately $78,443.56. The trade was a 45.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 10,732 shares of the business’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $49.96, for a total transaction of $536,170.72. Following the sale, the insider owned 41,567 shares in the company, valued at approximately $2,076,687.32. This trade represents a 20.52% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.63% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on PYPL shares. Raymond James Financial reiterated a “market perform” rating on shares of PayPal in a research report on Monday, February 23rd. Wells Fargo & Company decreased their price target on shares of PayPal from $67.00 to $48.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 4th. HSBC downgraded shares of PayPal from a “buy” rating to a “hold” rating and set a $47.00 price target on the stock. in a research note on Wednesday, February 4th. BNP Paribas Exane lifted their price target on shares of PayPal from $41.00 to $43.50 and gave the stock a “neutral” rating in a research note on Friday, April 10th. Finally, Wolfe Research reissued a “sell” rating on shares of PayPal in a research note on Monday, February 23rd. Eight analysts have rated the stock with a Buy rating, thirty-two have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $55.85.

PayPal Stock Down 1.5%

Shares of NASDAQ PYPL opened at $44.53 on Wednesday. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.47. PayPal Holdings, Inc. has a 52 week low of $38.46 and a 52 week high of $79.50. The firm’s fifty day moving average is $46.34 and its 200 day moving average is $51.12. The company has a market cap of $39.28 billion, a price-to-earnings ratio of 8.35, a PEG ratio of 1.13 and a beta of 1.34.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data on Tuesday, May 5th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.07. The business had revenue of $8.35 billion for the quarter, compared to the consensus estimate of $8.05 billion. PayPal had a net margin of 15.00% and a return on equity of 25.02%. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.33 EPS. On average, equities research analysts expect that PayPal Holdings, Inc. will post 5.3 earnings per share for the current year.

PayPal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, June 4th. PayPal’s payout ratio is presently 10.51%.

PayPal News Summary

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal is drawing bullish attention after a rating upgrade suggested its business reset could start rewarding patient investors, which may be helping sentiment around the stock. PayPal’s Reset Could Finally Reward Patient Buyers (Rating Upgrade)
• Positive Sentiment: Michael Burry disclosed a significant bet on PayPal, which can boost investor confidence by signaling that a well-known value investor sees upside in the shares. Michael Burry Bets On PayPal Stock As It Trades Over 80% Down From 2021 Highs
• Positive Sentiment: PayPal and Hey Savi launched the UK’s first agentic commerce platform with in-app checkout, highlighting PayPal’s push into AI-driven shopping and new checkout experiences. Hey Savi and PayPal Launch UK’s First Agentic Commerce Platform with In-App Checkout; Debenhams Group Joins as First Retail Adopter
• Neutral Sentiment: PayPal is being discussed heavily across investor sites, but the article mainly reflects heightened attention rather than a new fundamental development. Investors Heavily Search PayPal Holdings, Inc. (PYPL): Here is What You Need to Know
• Neutral Sentiment: A story about Apple’s possible bill-splitting feature notes pressure on PayPal and Block, but it is still only a prospective product and not an immediate earnings driver. Apple Plans iPhone Bill Splitting as PayPal, Block Pare Gains
• Neutral Sentiment: Coverage on PayPal CEO leadership and the company’s AI efforts adds background context, but the headline alone does not indicate a major new financial catalyst. PayPal CEO leans on AI chief
• Negative Sentiment: Apple’s rumored bill-splitting tool could increase competition in consumer payments and checkout, potentially pressuring PayPal’s growth narrative over time. Apple Plans iPhone Bill Splitting as PayPal, Block Pare Gains

About PayPal

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.