PayPal (NASDAQ:PYPL) Trading Down 1.2% – Here’s What Happened

PayPal Holdings, Inc. (NASDAQ:PYPL)’s stock price traded down 1.2% during mid-day trading on Thursday . The company traded as low as $58.92 and last traded at $59.44. 23,526,021 shares were traded during trading, an increase of 87% from the average session volume of 12,600,109 shares. The stock had previously closed at $60.18.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Morgan Stanley reissued a “negative” rating on shares of PayPal in a research note on Wednesday, October 29th. Cowen reiterated a “mixed” rating on shares of PayPal in a report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of PayPal from $75.00 to $65.00 and set a “hold” rating for the company in a research report on Friday, December 5th. Compass Point cut their price objective on PayPal from $66.00 to $56.00 and set a “sell” rating on the stock in a research report on Tuesday, December 9th. Finally, Argus lifted their target price on PayPal from $81.00 to $87.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Twelve equities research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $78.97.

PayPal Trading Down 1.2%

The stock has a market cap of $55.62 billion, a price-to-earnings ratio of 11.91, a P/E/G ratio of 0.83 and a beta of 1.43. The business’s 50 day moving average is $65.10 and its 200 day moving average is $68.94. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings results 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. The company had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.PayPal’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS and its FY 2025 guidance at 5.350-5.390 EPS. As a group, equities analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, November 19th. PayPal’s dividend payout ratio is 11.22%.

Insider Activity at PayPal

In related news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $59.84, for a total transaction of $249,054.08. Following the sale, the insider directly owned 30,983 shares in the company, valued at $1,854,022.72. This trade represents a 11.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Aaron Webster sold 9,282 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $66.29, for a total transaction of $615,303.78. Following the completion of the sale, the executive vice president directly owned 35,699 shares of the company’s stock, valued at approximately $2,366,486.71. This trade represents a 20.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 36,156 shares of company stock worth $2,432,524 in the last ninety days. Company insiders own 0.08% of the company’s stock.

Institutional Trading of PayPal

A number of hedge funds and other institutional investors have recently made changes to their positions in PYPL. AIA Group Ltd grew its stake in PayPal by 742.4% during the 3rd quarter. AIA Group Ltd now owns 27,244 shares of the credit services provider’s stock worth $1,827,000 after buying an additional 24,010 shares during the last quarter. Hudson Bay Capital Management LP boosted its holdings in shares of PayPal by 9.1% in the third quarter. Hudson Bay Capital Management LP now owns 11,980 shares of the credit services provider’s stock valued at $803,000 after acquiring an additional 1,001 shares during the period. Saranac Partners Ltd purchased a new position in shares of PayPal during the third quarter worth approximately $67,000. IFP Advisors Inc grew its position in shares of PayPal by 3.9% during the third quarter. IFP Advisors Inc now owns 49,166 shares of the credit services provider’s stock worth $3,297,000 after acquiring an additional 1,833 shares during the last quarter. Finally, Swiss Life Asset Management Ltd increased its holdings in shares of PayPal by 7.0% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 225,198 shares of the credit services provider’s stock valued at $15,102,000 after acquiring an additional 14,746 shares during the period. Institutional investors and hedge funds own 68.32% of the company’s stock.

PayPal Company 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.