Perennial Investment Advisors LLC Buys 1,120 Shares of PayPal Holdings, Inc. $PYPL

Perennial Investment Advisors LLC grew its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 15.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,315 shares of the credit services provider’s stock after purchasing an additional 1,120 shares during the period. Perennial Investment Advisors LLC’s holdings in PayPal were worth $618,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of PYPL. AQR Capital Management LLC grew its stake in shares of PayPal by 15.8% in the 1st quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider’s stock worth $224,001,000 after buying an additional 476,763 shares during the last quarter. Thompson Investment Management Inc. raised its position in shares of PayPal by 2.8% in the 2nd quarter. Thompson Investment Management Inc. now owns 154,991 shares of the credit services provider’s stock worth $11,519,000 after purchasing an additional 4,165 shares during the last quarter. Kathmere Capital Management LLC purchased a new stake in PayPal during the 2nd quarter valued at about $325,000. Allianz SE raised its holdings in PayPal by 281.8% in the first quarter. Allianz SE now owns 30,338 shares of the credit services provider’s stock worth $1,980,000 after buying an additional 22,392 shares during the last quarter. Finally, Nuveen LLC bought a new stake in shares of PayPal during the first quarter valued at approximately $529,264,000. 68.32% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other PayPal news, insider Suzan Kereere sold 12,500 shares of PayPal 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 sale, the insider directly owned 30,983 shares in the company, valued at approximately $2,133,799.21. The trade was a 28.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 transaction of $264,706.86. Following the completion of the sale, the executive vice president owned 16,989 shares in the company, valued at approximately $1,171,731.33. The trade was a 18.43% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 31,994 shares of company stock worth $2,183,470. Company insiders own 0.08% of the company’s stock.

PayPal Stock Performance

NASDAQ:PYPL opened at $60.70 on Wednesday. The stock has a 50-day simple moving average of $68.16 and a two-hundred day simple moving average of $70.36. 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 has a market capitalization of $56.79 billion, a PE ratio of 12.16, a P/E/G ratio of 0.91 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, beating 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 company had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. During the same period in the previous year, the company posted $1.20 EPS. The firm’s 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. Analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be given 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%.

Analysts Set New Price Targets

PYPL has been the topic of several recent analyst reports. Keefe, Bruyette & Woods increased their price objective on PayPal from $85.00 to $90.00 and gave the company an “outperform” rating in a research report on Wednesday, October 29th. Barclays reaffirmed an “overweight” rating on shares of PayPal in a report on Tuesday, July 29th. Cowen reissued a “mixed” rating on shares of PayPal in a report 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, Mizuho set a $84.00 target price on shares of PayPal in a report on Thursday, October 30th. Fifteen analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $82.56.

About PayPal

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.