ABN Amro Investment Solutions Invests $850,000 in PayPal Holdings, Inc. $PYPL

ABN Amro Investment Solutions acquired a new stake in PayPal Holdings, Inc. (NASDAQ:PYPLFree Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 11,436 shares of the credit services provider’s stock, valued at approximately $850,000.

Other large investors also recently added to or reduced their stakes in the company. Evermay Wealth Management LLC grew its stake in shares of 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 last quarter. Hilltop National Bank bought a new stake in shares of PayPal in the 2nd quarter valued at about $27,000. MUFG Securities EMEA plc boosted its holdings in PayPal by 100.4% during the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock valued at $29,000 after acquiring an additional 87,524 shares during the period. Gordian Capital Singapore Pte Ltd grew its position in 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 acquiring an additional 138 shares during the last quarter. Finally, American National Bank & Trust increased its stake in 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. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on PYPL shares. Argus increased their price objective on PayPal from $81.00 to $87.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. JMP Securities dropped their target price on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating for the company in a report on Wednesday, July 30th. KeyCorp reissued a “hold” rating on shares of PayPal in a research note on Wednesday, October 22nd. TD Cowen increased their price objective on PayPal from $75.00 to $80.00 and gave the stock a “hold” rating in a report on Wednesday, October 29th. Finally, Mizuho set a $84.00 price objective on PayPal in a research report on Thursday, October 30th. Fifteen research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, PayPal has a consensus rating of “Hold” and an average price target of $82.56.

Get Our Latest Report on PYPL

Insider Buying and Selling at PayPal

In other news, EVP Diego Scotti sold 3,838 shares of PayPal 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 completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Suzan Kereere sold 12,500 shares of the business’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 completion of the sale, the insider directly owned 30,983 shares in the company, valued at approximately $2,133,799.21. This represents a 28.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 36,156 shares of company stock valued at $2,472,271. Insiders own 0.08% of the company’s stock.

PayPal Trading Down 3.9%

PYPL opened at $62.81 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 52 week low of $55.85 and a 52 week high of $93.66. The stock has a market cap of $58.77 billion, a PE ratio of 12.59, a PEG ratio of 0.96 and a beta of 1.45. The business has a 50 day moving average of $68.43 and a 200-day moving average of $70.37.

PayPal (NASDAQ:PYPLGet Free Report) last posted its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. The business had revenue of $8.42 billion during the quarter, compared to the consensus estimate of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior 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. Equities research analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 19th.

PayPal 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.

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Institutional Ownership by Quarter for PayPal (NASDAQ:PYPL)

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