PayPal Holdings, Inc. $PYPL Shares Sold by AXQ Capital LP

AXQ Capital LP cut its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 69.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,014 shares of the credit services provider’s stock after selling 7,015 shares during the period. AXQ Capital LP’s holdings in PayPal were worth $224,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. AQR Capital Management LLC boosted its holdings in shares of 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 worth $224,001,000 after purchasing an additional 476,763 shares during the period. Thompson Investment Management Inc. raised its holdings in PayPal by 2.8% during 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 bought a new position in PayPal during the second quarter valued at about $325,000. Allianz SE grew its holdings in PayPal by 281.8% during the first quarter. Allianz SE now owns 30,338 shares of the credit services provider’s stock valued at $1,980,000 after purchasing an additional 22,392 shares during the last quarter. Finally, Nuveen LLC bought a new stake in PayPal during the first quarter valued at about $529,264,000. 68.32% of the stock is owned by hedge funds and other institutional investors.

PayPal Trading Up 1.1%

Shares of PYPL stock opened at $61.22 on Wednesday. PayPal Holdings, Inc. has a twelve month low of $55.85 and a twelve month high of $93.66. The stock’s fifty day simple moving average is $67.50 and its 200 day simple moving average is $70.04. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $57.28 billion, a P/E ratio of 12.27, a P/E/G ratio of 0.82 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 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. The firm had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The business’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm 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. As a group, sell-side analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Dividend Announcement

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 paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.9%. PayPal’s dividend payout ratio (DPR) is presently 11.22%.

Insider Buying and Selling at PayPal

In other PayPal news, EVP Aaron Webster sold 9,282 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $66.29, for a total value of $615,303.78. Following the sale, the executive vice president owned 35,699 shares in the company, valued at approximately $2,366,486.71. The trade was a 20.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Diego Scotti sold 3,838 shares of the company’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 value of $264,706.86. Following the completion of the sale, the executive vice president owned 16,989 shares in the company, valued at $1,171,731.33. The trade was a 18.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 36,156 shares of company stock worth $2,432,524 in the last three months. 0.08% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Morgan Stanley reissued a “negative” rating on shares of PayPal in a report on Wednesday, October 29th. Wells Fargo & Company raised shares of PayPal to a “hold” rating in a report on Wednesday, October 22nd. UBS Group upped their target price on shares of PayPal from $75.00 to $80.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. BMO Capital Markets restated a “market perform” rating on shares of PayPal in a report on Tuesday, July 29th. Finally, Jefferies Financial Group dropped their price target on PayPal from $75.00 to $60.00 and set a “hold” rating for the company in a report on Monday. Sixteen analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, PayPal has an average rating of “Hold” and a consensus target price of $82.06.

About PayPal

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.