Allworth Financial LP Boosts Stock Position in PayPal Holdings, Inc. $PYPL

Allworth Financial LP raised its holdings in PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) by 103.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,230 shares of the credit services provider’s stock after buying an additional 17,385 shares during the period. Allworth Financial LP’s holdings in PayPal were worth $2,544,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. AQR Capital Management LLC raised its stake in shares of PayPal by 15.8% during the 1st quarter. AQR Capital Management LLC now owns 3,501,936 shares of the credit services provider’s stock worth $224,001,000 after buying an additional 476,763 shares in the last quarter. Thompson Investment Management Inc. boosted its stake in shares of PayPal by 2.8% in the second quarter. Thompson Investment Management Inc. now owns 154,991 shares of the credit services provider’s stock valued at $11,519,000 after buying an additional 4,165 shares in the last quarter. Kathmere Capital Management LLC acquired a new position in PayPal during the second quarter worth $325,000. Allianz SE raised its position in PayPal by 281.8% in the first quarter. Allianz SE now owns 30,338 shares of the credit services provider’s stock worth $1,980,000 after acquiring an additional 22,392 shares in the last quarter. Finally, Nuveen LLC purchased a new position in PayPal in the first quarter worth $529,264,000. 68.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on PYPL shares. Mizuho set a $84.00 price target on shares of PayPal in a research note on Thursday, October 30th. The Goldman Sachs Group upped their target price on shares of PayPal from $70.00 to $72.00 and gave the stock a “sell” rating in a research report on Wednesday, October 29th. Barclays reiterated an “overweight” rating on shares of PayPal in a research report on Tuesday, July 29th. Weiss Ratings restated a “hold (c)” rating on shares of PayPal in a report on Wednesday, October 8th. Finally, TD Cowen raised their price objective on PayPal from $75.00 to $80.00 and gave the company a “hold” rating in a research note on Wednesday, October 29th. Fifteen investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $82.94.

Read Our Latest Stock Analysis on PayPal

Insider Transactions at PayPal

In other PayPal news, CAO Chris Natali sold 1,374 shares of the company’s stock in a transaction dated 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 available through this link. Also, insider Suzan Kereere sold 12,500 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $68.87, for a total value of $860,875.00. Following the completion of the transaction, the insider owned 30,983 shares in the company, valued at approximately $2,133,799.21. This trade represents a 28.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 36,156 shares of company stock valued at $2,472,271. Corporate insiders own 0.08% of the company’s stock.

PayPal Stock Down 0.3%

Shares of NASDAQ PYPL opened at $67.20 on Thursday. The firm has a market cap of $62.88 billion, a P/E ratio of 13.47, a price-to-earnings-growth ratio of 0.99 and a beta of 1.45. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The firm’s 50 day moving average price is $68.60 and its 200 day moving average price is $70.42.

PayPal (NASDAQ:PYPLGet Free Report) last released its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $8.21 billion. During the same period in the prior year, the firm posted $1.20 earnings per share. The business’s quarterly 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. FY 2025 guidance at 5.350-5.390 EPS. As a group, sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Dividend Announcement

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

PayPal Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding PYPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PayPal Holdings, Inc. (NASDAQ:PYPLFree Report).

Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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