Acadian Asset Management LLC Purchases 277,642 Shares of PayPal Holdings, Inc. $PYPL

Acadian Asset Management LLC lifted its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 317.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 365,000 shares of the credit services provider’s stock after purchasing an additional 277,642 shares during the period. Acadian Asset Management LLC’s holdings in PayPal were worth $27,123,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of PYPL. AQR Capital Management LLC lifted its position in PayPal by 15.8% during the first quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider’s stock valued at $224,001,000 after purchasing an additional 476,763 shares during the period. Thompson Investment Management Inc. grew its position in 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 period. Kathmere Capital Management LLC purchased a new stake in PayPal during the 2nd quarter valued at $325,000. Allianz SE lifted its holdings in shares of PayPal by 281.8% during the 1st quarter. Allianz SE now owns 30,338 shares of the credit services provider’s stock valued at $1,980,000 after buying an additional 22,392 shares during the period. Finally, Nuveen LLC bought a new position in shares of PayPal during the 1st quarter valued at $529,264,000. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Insider Activity 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Suzan Kereere sold 12,500 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was 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 $2,133,799.21. This trade represents a 28.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 26,874 shares of company stock valued at $1,856,968. Insiders own 0.08% of the company’s stock.

Analyst Ratings Changes

PYPL has been the subject of several research analyst reports. The Goldman Sachs Group lifted their price objective on PayPal from $70.00 to $72.00 and gave the stock a “sell” rating in a report on Wednesday, October 29th. BMO Capital Markets reissued a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. Jefferies Financial Group upped their price target on shares of PayPal from $70.00 to $75.00 and gave the company a “hold” rating in a research report on Wednesday, October 29th. Wells Fargo & Company raised shares of PayPal to a “hold” rating in a report on Wednesday, October 22nd. Finally, 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 report on Tuesday, October 28th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $82.94.

PayPal Trading Up 0.0%

PYPL stock opened at $66.25 on Tuesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34. The business has a 50 day simple moving average of $68.69 and a two-hundred day simple moving average of $70.43. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.66. The company has a market capitalization of $61.99 billion, a price-to-earnings ratio of 13.28, a PEG ratio of 0.98 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings results 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 company had revenue of $8.42 billion for the quarter, compared to the consensus estimate of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. PayPal’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous 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. Research analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Dividend Announcement

The company 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 $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Wednesday, November 19th.

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.