Sanders Morris Harris LLC Invests $808,000 in PayPal Holdings, Inc. $PYPL

Sanders Morris Harris LLC acquired a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 12,046 shares of the credit services provider’s stock, valued at approximately $808,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of PYPL. Brighton Jones LLC raised 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 worth $596,000 after purchasing an additional 924 shares in the last quarter. Revolve Wealth Partners LLC bought a new position in PayPal during the 4th quarter worth approximately $248,000. Raymond James Financial Inc. lifted its position in shares of PayPal by 1.7% during the 1st quarter. Raymond James Financial Inc. now owns 1,614,432 shares of the credit services provider’s stock valued at $105,341,000 after acquiring an additional 26,419 shares during the period. Brooklyn Investment Group increased its holdings in PayPal by 7.5% during the 1st quarter. Brooklyn Investment Group now owns 5,102 shares of the credit services provider’s stock worth $333,000 after purchasing an additional 357 shares in the last quarter. Finally, Aptus Capital Advisors LLC lifted its position in shares of PayPal by 10.8% during the first quarter. Aptus Capital Advisors LLC now owns 13,012 shares of the credit services provider’s stock valued at $849,000 after purchasing an additional 1,266 shares in the last quarter. Institutional investors own 68.32% of the company’s stock.

Insider Transactions at PayPal

In other PayPal news, CAO Chris Natali sold 1,374 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $69.13, for a total transaction of $94,984.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 16,989 shares of the company’s stock, valued at $1,171,731.33. This trade represents a 18.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 36,156 shares of company stock valued at $2,432,524. 0.08% of the stock is owned by company insiders.

PayPal Price Performance

Shares of PayPal stock opened at $61.33 on Wednesday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. The firm has a market cap of $57.38 billion, a PE ratio of 12.29, a P/E/G ratio of 0.82 and a beta of 1.43. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.25. The business has a 50-day moving average price of $65.42 and a 200 day moving average price of $69.00.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 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 firm had revenue of $8.42 billion for the quarter, compared to the consensus estimate of $8.21 billion. During the same quarter last year, the business posted $1.20 earnings per share. The firm’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 and its FY 2025 guidance at 5.350-5.390 EPS. Sell-side analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Dividend Announcement

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

Wall Street Analysts Forecast Growth

PYPL has been the topic of a number of recent research reports. Wall Street Zen cut shares of PayPal from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. Canaccord Genuity Group increased their price target 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. Royal Bank Of Canada boosted their target price on shares of PayPal from $88.00 to $91.00 and gave the company an “outperform” rating in a research note on Tuesday, October 28th. Evercore ISI cut their price target on PayPal from $75.00 to $65.00 and set an “in-line” rating for the company in a research note on Monday, December 8th. Finally, The Goldman Sachs Group increased their price objective on shares of PayPal from $70.00 to $72.00 and gave the company a “sell” rating in a research report on Wednesday, October 29th. Twelve research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $78.97.

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.