PayPal (NASDAQ:PYPL) Shares Down 1.3% Following Insider Selling

PayPal Holdings, Inc. (NASDAQ:PYPL) shares fell 1.3% during mid-day trading on Monday after an insider sold shares in the company. The stock traded as low as $67.71 and last traded at $68.34. 14,521,937 shares were traded during mid-day trading, an increase of 20% from the average session volume of 12,141,172 shares. The stock had previously closed at $69.27.

Specifically, CAO Chris Natali sold 1,374 shares of the company’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $69.13, for a total value of $94,984.62. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Suzan Kereere sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $69.52, for a total transaction of $347,600.00. Following the transaction, the insider directly owned 43,483 shares in the company, valued at approximately $3,022,938.16. This trade represents a 10.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In other 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 transaction, the executive vice president directly owned 16,989 shares of the company’s stock, valued at approximately $1,171,731.33. This trade represents a 18.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Analysts Set New Price Targets

A number of brokerages have recently commented on PYPL. Compass Point reaffirmed a “sell” rating and set a $66.00 target price on shares of PayPal in a research report on Wednesday, October 29th. Cowen reaffirmed a “mixed” rating on shares of PayPal in a research report on Wednesday, October 29th. Morgan Stanley reaffirmed a “negative” rating on shares of PayPal in a research report on Wednesday, October 29th. Wall Street Zen raised shares of PayPal from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of PayPal in a research report on Wednesday, October 8th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, PayPal presently has an average rating of “Hold” and an average target price of $83.00.

PayPal Trading Down 1.3%

The company has a market capitalization of $63.94 billion, a PE ratio of 13.70, a price-to-earnings-growth ratio of 1.02 and a beta of 1.45. The company’s fifty day moving average is $69.04 and its 200-day moving average is $70.27. 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 (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 the consensus estimate of $1.20 by $0.14. The company had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. PayPal’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the company posted $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. On average, analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be given a dividend of $0.14 per share. 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%.

Hedge Funds Weigh In On PayPal

A number of large investors have recently made changes to their positions in PYPL. Norges Bank acquired a new position in shares of PayPal during the second quarter worth $921,570,000. Nuveen LLC acquired a new position in shares of PayPal during the first quarter worth $529,264,000. Goldman Sachs Group Inc. increased its position in shares of PayPal by 44.6% during the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock worth $558,499,000 after purchasing an additional 2,638,815 shares in the last quarter. Lazard Asset Management LLC increased its position in shares of PayPal by 1,066.0% during the second quarter. Lazard Asset Management LLC now owns 2,106,215 shares of the credit services provider’s stock worth $156,532,000 after purchasing an additional 1,925,583 shares in the last quarter. Finally, Deutsche Bank AG grew its holdings in shares of PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after buying an additional 1,798,330 shares during the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.

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.