PayPal Holdings, Inc. $PYPL is Black Creek Investment Management Inc.’s 6th Largest Position

Black Creek Investment Management Inc. lowered its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 14.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,325,631 shares of the credit services provider’s stock after selling 398,422 shares during the quarter. PayPal comprises 8.0% of Black Creek Investment Management Inc.’s portfolio, making the stock its 6th largest position. Black Creek Investment Management Inc. owned approximately 0.24% of PayPal worth $172,841,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Nuveen LLC purchased a new stake in PayPal in the first quarter worth $529,264,000. Goldman Sachs Group Inc. lifted its position in PayPal by 44.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock valued at $558,499,000 after acquiring an additional 2,638,815 shares during the period. Deutsche Bank AG boosted its stake in PayPal by 19.1% during the first quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after acquiring an additional 1,798,330 shares in the last quarter. Invesco Ltd. grew its holdings in PayPal by 14.9% in the first quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after purchasing an additional 1,232,155 shares during the period. Finally, Jupiter Asset Management Ltd. increased its stake in shares of PayPal by 301.7% during the first quarter. Jupiter Asset Management Ltd. now owns 1,156,955 shares of the credit services provider’s stock valued at $75,491,000 after purchasing an additional 868,953 shares in the last quarter. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at PayPal

In related news, EVP Aaron Webster sold 9,282 shares of the business’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $66.29, for a total transaction of $615,303.78. Following the completion of the transaction, the executive vice president directly owned 35,699 shares of the company’s stock, valued at $2,366,486.71. The trade was a 20.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $68.97, for a total transaction of $264,706.86. Following the sale, the executive vice president owned 16,989 shares of the company’s stock, valued at $1,171,731.33. This represents a 18.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 31,994 shares of company stock valued at $2,183,470. Corporate insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Citigroup upgraded shares of PayPal to a “hold” rating in a research note on Thursday, October 23rd. BNP Paribas Exane lifted their target price on PayPal from $69.00 to $71.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. UBS Group upped their price target on PayPal from $75.00 to $80.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Needham & Company LLC reaffirmed a “hold” rating on shares of PayPal in a research note on Tuesday, October 28th. Finally, Compass Point reiterated a “sell” rating and issued a $66.00 price target on shares of PayPal in a research report on Wednesday, October 29th. Fifteen equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $82.56.

PayPal Price Performance

PayPal stock opened at $61.89 on Tuesday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56. The firm has a 50-day moving average price of $68.30 and a 200-day moving average price of $70.41. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The firm has a market capitalization of $57.91 billion, a PE ratio of 12.40, a price-to-earnings-growth ratio of 0.93 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. PayPal had a net margin of 14.96% and a return on equity of 25.64%. The company had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.21 billion. During the same quarter last year, the business posted $1.20 EPS. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. 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, equities research analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders 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 yield of 0.9%. The ex-dividend date of this dividend 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.