S&T Bank PA Sells 992 Shares of PayPal Holdings, Inc. $PYPL

S&T Bank PA lessened its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 3.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,933 shares of the credit services provider’s stock after selling 992 shares during the period. S&T Bank PA’s holdings in PayPal were worth $1,853,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in PYPL. Gordian Capital Singapore Pte Ltd increased its holdings in shares of PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after buying an additional 138 shares in the last quarter. GSB Wealth Management LLC grew its position in PayPal by 1.7% during the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after acquiring an additional 140 shares during the last quarter. CreativeOne Wealth LLC grew its position in PayPal by 1.5% during the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock worth $613,000 after acquiring an additional 142 shares during the last quarter. Pitti Group Wealth Management LLC raised its position in PayPal by 1.5% in the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock valued at $761,000 after purchasing an additional 147 shares during the last quarter. Finally, MONECO Advisors LLC raised its position in PayPal by 0.8% in the 1st quarter. MONECO Advisors LLC now owns 20,450 shares of the credit services provider’s stock valued at $1,334,000 after purchasing an additional 154 shares during the last quarter. 68.32% of the stock is owned by institutional investors.

PayPal Stock Performance

Shares of PYPL stock opened at $66.26 on Friday. The stock has a market cap of $62.00 billion, a PE ratio of 13.28, a price-to-earnings-growth ratio of 1.00 and a beta of 1.45. The stock has a 50-day moving average of $68.85 and a 200-day moving average of $70.26. 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 Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66.

PayPal (NASDAQ:PYPL) last issued 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. The firm had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.20 earnings per share. 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 expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

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

Analysts Set New Price Targets

PYPL has been the topic of several research analyst reports. Robert W. Baird set a $83.00 target price on PayPal in a report on Wednesday, October 29th. Citigroup raised shares of PayPal to a “hold” rating in a research note on Thursday, October 23rd. HSBC upped their target price on shares of PayPal from $86.00 to $93.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. KeyCorp restated a “hold” rating on shares of PayPal in a research report on Wednesday, October 22nd. Finally, Piper Sandler set a $74.00 price objective on PayPal in a research report on Tuesday, July 29th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $83.03.

Insider Activity at PayPal

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $68.97, for a total transaction of $264,706.86. Following the sale, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,171,731.33. This trade represents a 18.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Chris Natali sold 1,374 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 26,874 shares of company stock worth $1,856,968. 0.08% of the stock is owned by company insiders.

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.