Montag A & Associates Inc. Sells 36,300 Shares of PayPal Holdings, Inc. $PYPL

Montag A & Associates Inc. trimmed its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 55.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,805 shares of the credit services provider’s stock after selling 36,300 shares during the quarter. Montag A & Associates Inc.’s holdings in PayPal were worth $2,141,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in PYPL. Evermay Wealth Management LLC lifted its stake in shares of PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $27,000 after acquiring an additional 363 shares during the last quarter. Hilltop National Bank acquired a new position in PayPal in the 2nd quarter worth about $27,000. MUFG Securities EMEA plc increased its holdings in PayPal by 100.4% in the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after purchasing an additional 87,524 shares in the last quarter. Gordian Capital Singapore Pte Ltd raised its position in PayPal by 41.2% in the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 138 shares during the last quarter. Finally, American National Bank & Trust boosted its stake in shares of PayPal by 52.5% during the second quarter. American National Bank & Trust now owns 610 shares of the credit services provider’s stock valued at $45,000 after purchasing an additional 210 shares in the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

PayPal Trading Up 1.7%

Shares of PYPL opened at $67.40 on Wednesday. The firm has a market cap of $63.06 billion, a P/E ratio of 13.51, a price-to-earnings-growth ratio of 0.98 and a beta of 1.45. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. The business has a 50-day moving average of $68.65 and a 200 day moving average of $70.44. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.66.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The business had revenue of $8.42 billion for the quarter, compared to analysts’ expectations of $8.21 billion. During the same quarter in the prior year, the firm posted $1.20 EPS. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. As a group, research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, November 19th.

Insider Activity at PayPal

In other news, insider Suzan Kereere sold 12,500 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $68.87, for a total transaction of $860,875.00. Following the transaction, the insider directly owned 30,983 shares of the company’s stock, valued at approximately $2,133,799.21. This trade represents a 28.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $68.97, for a total value of $264,706.86. Following the completion of the transaction, the executive vice president owned 16,989 shares in the company, valued at approximately $1,171,731.33. This represents a 18.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 26,874 shares of company stock valued at $1,856,968. Insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on PYPL. Truist Financial boosted their price objective on shares of PayPal from $65.00 to $66.00 and gave the stock a “sell” rating in a research note on Tuesday, November 4th. UBS Group upped their price target on PayPal from $75.00 to $80.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. 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. BMO Capital Markets restated a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. Finally, KGI Securities cut their price objective on PayPal from $85.00 to $80.00 in a research note on Monday. Fifteen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, PayPal presently has a consensus rating of “Hold” and an average price target of $82.94.

PayPal Profile

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.