Nomura Asset Management Co. Ltd. grew its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 4.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 348,954 shares of the credit services provider’s stock after acquiring an additional 14,200 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in PayPal were worth $25,934,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently modified their holdings of the company. Brighton Jones LLC lifted its stake 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 in the last quarter. Revolve Wealth Partners LLC bought a new position in PayPal in the 4th quarter valued at about $248,000. Csenge Advisory Group boosted its stake in PayPal by 14.5% during the 1st quarter. Csenge Advisory Group now owns 5,916 shares of the credit services provider’s stock valued at $361,000 after purchasing an additional 750 shares during the last quarter. IFP Advisors Inc increased its holdings in PayPal by 119.7% during the 1st quarter. IFP Advisors Inc now owns 26,844 shares of the credit services provider’s stock worth $1,752,000 after purchasing an additional 14,624 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its holdings in PayPal by 126.3% during the 1st quarter. J.W. Cole Advisors Inc. now owns 24,856 shares of the credit services provider’s stock worth $1,622,000 after purchasing an additional 13,873 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors.
Insider Activity at PayPal
In other PayPal news, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $68.97, for a total value of $264,706.86. Following the sale, the executive vice president directly owned 16,989 shares in the company, valued at $1,171,731.33. The trade was a 18.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Suzan Kereere sold 12,500 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $68.87, for a total value of $860,875.00. Following the transaction, the insider directly owned 30,983 shares in the company, valued at $2,133,799.21. This represents a 28.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 31,994 shares of company stock worth $2,183,470. Company insiders own 0.08% of the company’s stock.
Analyst Ratings Changes
View Our Latest Stock Analysis on PYPL
PayPal Trading Down 1.9%
NASDAQ PYPL opened at $60.70 on Wednesday. The stock has a market capitalization of $56.79 billion, a price-to-earnings ratio of 12.16, a PEG ratio of 0.91 and a beta of 1.45. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34. The business’s fifty day moving average is $68.16 and its 200-day moving average is $70.36.
PayPal (NASDAQ:PYPL – Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.14. The company had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Equities research analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current year.
PayPal Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be paid a dividend of $0.14 per share. The ex-dividend date is Wednesday, November 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.9%.
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.
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