SBI Securities Co. Ltd. Cuts Stock Position in PayPal Holdings, Inc. $PYPL

SBI Securities Co. Ltd. lessened its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 6.9% in the second quarter, Holdings Channel reports. The firm owned 47,091 shares of the credit services provider’s stock after selling 3,510 shares during the period. SBI Securities Co. Ltd.’s holdings in PayPal were worth $3,500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in PYPL. Evermay Wealth Management LLC grew its position in PayPal by 726.0% during the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $27,000 after buying an additional 363 shares during the period. Hilltop National Bank bought a new position in shares of PayPal during the 2nd quarter valued at approximately $27,000. MUFG Securities EMEA plc increased its stake in shares of PayPal by 100.4% during the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after purchasing an additional 87,524 shares during the last quarter. Gordian Capital Singapore Pte Ltd increased its stake in shares of PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 138 shares during the last quarter. Finally, American National Bank & Trust raised its holdings in shares of PayPal by 52.5% in the 2nd quarter. American National Bank & Trust now owns 610 shares of the credit services provider’s stock worth $45,000 after purchasing an additional 210 shares during the period. 68.32% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

PYPL has been the subject of a number of research reports. JMP Securities cut their target price on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a research report on Wednesday, July 30th. Robert W. Baird set a $83.00 target price on PayPal in a research report on Wednesday, October 29th. Piper Sandler set a $74.00 price target on PayPal in a report on Tuesday, July 29th. Rothschild & Co Redburn boosted their price objective on PayPal from $66.00 to $70.00 and gave the company a “neutral” rating in a research note on Tuesday, September 16th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 target price on PayPal in a research note on Tuesday, July 29th. Fifteen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $82.94.

Insider Activity at PayPal

In other news, CAO Chris Natali sold 1,374 shares of PayPal stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Diego Scotti sold 3,838 shares of the stock in a transaction on Thursday, October 30th. The shares were 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 in the company, valued at approximately $1,171,731.33. This represents a 18.43% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 36,156 shares of company stock worth $2,472,271. Corporate insiders own 0.08% of the company’s stock.

PayPal Price Performance

NASDAQ:PYPL opened at $67.20 on Thursday. PayPal Holdings, Inc. has a 52-week low of $55.85 and a 52-week high of $93.66. The stock has a fifty day moving average of $68.60 and a 200 day moving average of $70.42. 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 $62.88 billion, a price-to-earnings ratio of 13.47, a P/E/G ratio of 0.99 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last released 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 firm had revenue of $8.42 billion for the quarter, compared to analysts’ expectations of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The company’s revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. On average, research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal 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 issued a $0.14 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%.

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.