Matrix Asset Advisors Inc. NY boosted its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 6.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 267,919 shares of the credit services provider’s stock after acquiring an additional 16,429 shares during the quarter. Matrix Asset Advisors Inc. NY’s holdings in PayPal were worth $15,641,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Cloud Capital Management LLC purchased a new stake in PayPal in the third quarter worth $30,000. Kelleher Financial Advisors purchased a new stake in shares of PayPal during the third quarter valued at $30,000. True Wealth Design LLC boosted its stake in shares of PayPal by 285.3% during the third quarter. True Wealth Design LLC now owns 524 shares of the credit services provider’s stock valued at $35,000 after purchasing an additional 388 shares during the period. Dagco Inc. grew its holdings in shares of PayPal by 1,250.0% in the third quarter. Dagco Inc. now owns 540 shares of the credit services provider’s stock worth $36,000 after purchasing an additional 500 shares during the last quarter. Finally, Total Investment Management Inc. bought a new position in shares of PayPal in the second quarter worth about $38,000. Institutional investors own 68.32% of the company’s stock.
More PayPal News
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: Expanded European merchant access — PayPal deepened its partnership with Nexi to integrate PayPal’s wallet and checkout across Nexi’s merchant platform, which can help drive European merchant adoption and revenue upside over time. PayPal Nexi Tie Up Tests Growth Story As Shares Lag
- Neutral Sentiment: New coverage from Loop Capital sets a “hold” rating and $46 PT, effectively signaling limited near-term upside from current levels. PayPal Receives Neutral Rating From Loop Capital
- Negative Sentiment: Securities‑fraud lawsuits and a surprise CEO exit have become focal points—plaintiffs allege misleading statements about growth and the company withdrew long‑term targets, raising legal, reputational and oversight risks that can pressure valuation. PayPal Lawsuits And CEO Shakeup Put Focus On Valuation Gap
- Negative Sentiment: Multiple law firms (Glancy Prongay, Rosen, Hagens Berman, Levi & Korsinsky, etc.) have filed or solicited lead‑plaintiff motions in securities class actions tied to the same February 2025–February 2026 class period, increasing the probability of costly litigation and settlements. Glancy PR: Shareholders Opportunity to Lead Securities Fraud Lawsuit
- Negative Sentiment: Several additional firm notices and alerts (Rosen, Hagens Berman, Bernstein Liebhard, Levi & Korsinsky) reinforce litigation momentum and note potential individual liability for senior executives, which can amplify settlement exposure and governance scrutiny. Rosen Law: Lead Plaintiff Deadline Reminder
- Negative Sentiment: Analyst caution and downgrade narratives (Seeking Alpha coverage) flag checkout business weakness and expected near‑term earnings declines, limiting upside until execution and growth visibility improve. PayPal Undervalued, But Checkout Weakness Limits Upside
PayPal Stock Down 1.3%
PayPal (NASDAQ:PYPL – Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The credit services provider reported $1.23 EPS for the quarter, missing the consensus estimate of $1.29 by ($0.06). The company had revenue of $8.68 billion during the quarter, compared to the consensus estimate of $8.82 billion. PayPal had a return on equity of 25.42% and a net margin of 15.77%.The company’s revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.19 earnings per share. As a group, analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.
PayPal Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th were issued a $0.14 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $0.56 dividend on an annualized basis and a yield of 1.3%. PayPal’s payout ratio is currently 10.35%.
Insiders Place Their Bets
In other 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 value 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. The trade was a 65.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Frank Keller sold 29,581 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $46.02, for a total transaction of $1,361,317.62. Following the transaction, the executive vice president owned 51,567 shares of the company’s stock, valued at approximately $2,373,113.34. This trade represents a 36.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 87,608 shares of company stock worth $3,831,535. 0.08% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on PYPL. Sanford C. Bernstein reiterated a “market perform” rating on shares of PayPal in a report on Tuesday, February 24th. Citigroup dropped their target price on shares of PayPal from $60.00 to $42.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 4th. Piper Sandler reduced their target price on shares of PayPal from $76.00 to $74.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 14th. Rothschild & Co Redburn decreased their price target on shares of PayPal from $50.00 to $32.00 and set a “sell” rating for the company in a research note on Wednesday, February 11th. Finally, Monness Crespi & Hardt lowered PayPal from a “buy” rating to a “neutral” rating in a report on Monday, January 5th. Eight research analysts have rated the stock with a Buy rating, thirty-one have given a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, PayPal presently has a consensus rating of “Hold” and an average target price of $58.11.
Read Our Latest Research Report on PayPal
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.
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