Penserra Capital Management LLC Sells 10,906 Shares of PayPal Holdings, Inc. $PYPL

Penserra Capital Management LLC reduced its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 3.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 280,846 shares of the credit services provider’s stock after selling 10,906 shares during the quarter. Penserra Capital Management LLC’s holdings in PayPal were worth $20,872,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in PayPal by 15.2% in the 4th quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock valued at $596,000 after purchasing an additional 924 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in PayPal in the fourth quarter valued at approximately $248,000. Linden Thomas Advisory Services LLC lifted its position in shares of PayPal by 7.9% in the first quarter. Linden Thomas Advisory Services LLC now owns 7,414 shares of the credit services provider’s stock valued at $484,000 after buying an additional 546 shares during the last quarter. Alps Advisors Inc. boosted its stake in shares of PayPal by 13.4% during the 1st quarter. Alps Advisors Inc. now owns 17,564 shares of the credit services provider’s stock worth $1,146,000 after acquiring an additional 2,076 shares during the period. Finally, Clarity Wealth Advisors LLC increased its holdings in shares of PayPal by 2.5% during the 1st quarter. Clarity Wealth Advisors LLC now owns 7,689 shares of the credit services provider’s stock worth $502,000 after acquiring an additional 190 shares during the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

PayPal Price Performance

NASDAQ:PYPL opened at $66.22 on Friday. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. 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 firm’s 50-day simple moving average is $68.77 and its 200 day simple moving average is $70.30. The firm has a market cap of $61.96 billion, a price-to-earnings ratio of 13.27, a P/E/G ratio of 0.98 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last announced its 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. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The firm had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. During the same quarter in the prior year, the business posted $1.20 EPS. The business’s revenue was up 7.3% compared to the same quarter last year. 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, sell-side analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. The Goldman Sachs Group raised their price target on PayPal from $70.00 to $72.00 and gave the company a “sell” rating in a report on Wednesday, October 29th. Canaccord Genuity Group raised their target price on shares of PayPal from $96.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Keefe, Bruyette & Woods lifted their target price on shares of PayPal from $85.00 to $90.00 and gave the stock an “outperform” rating in a report on Wednesday, October 29th. Barclays reissued an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. Finally, Compass Point restated a “sell” rating and set a $66.00 price objective on shares of PayPal in a research report on Wednesday, October 29th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $83.03.

Insider Buying and Selling at PayPal

In related news, CAO Chris Natali sold 1,374 shares of the business’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $69.13, for a total value of $94,984.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $68.97, for a total transaction of $264,706.86. Following the sale, the executive vice president 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 26,874 shares of company stock valued at $1,856,968 in the last three months. Corporate insiders own 0.08% 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.