Amundi Sells 428,590 Shares of PayPal Holdings, Inc. $PYPL

Amundi trimmed its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 4.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 8,360,474 shares of the credit services provider’s stock after selling 428,590 shares during the period. Amundi owned approximately 0.88% of PayPal worth $637,988,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. M Holdings Securities Inc. raised its stake in PayPal by 32.2% during the second quarter. M Holdings Securities Inc. now owns 45,313 shares of the credit services provider’s stock valued at $3,355,000 after buying an additional 11,046 shares during the last quarter. First Trust Advisors LP grew its stake in shares of PayPal by 2.9% in the second quarter. First Trust Advisors LP now owns 3,760,467 shares of the credit services provider’s stock worth $279,478,000 after acquiring an additional 107,231 shares during the last quarter. Guggenheim Capital LLC increased its holdings in shares of PayPal by 23.2% during the second quarter. Guggenheim Capital LLC now owns 257,559 shares of the credit services provider’s stock valued at $19,142,000 after acquiring an additional 48,507 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of PayPal by 45.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,357 shares of the credit services provider’s stock worth $547,000 after purchasing an additional 2,304 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of PayPal by 5.5% in the 2nd quarter. Invesco Ltd. now owns 10,038,584 shares of the credit services provider’s stock worth $746,068,000 after purchasing an additional 522,514 shares during the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Macquarie increased their price objective on shares of PayPal from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, October 29th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $70.00 target price (down previously from $85.00) on shares of PayPal in a research note on Thursday. Needham & Company LLC reiterated a “hold” rating on shares of PayPal in a report on Tuesday, October 28th. Truist Financial raised their price target on shares of PayPal from $65.00 to $66.00 and gave the company a “sell” rating in a research report on Tuesday, November 4th. Finally, Dbs Bank lowered their price objective on PayPal from $75.00 to $70.00 and set a “hold” rating on the stock in a research report on Thursday, November 13th. Fifteen equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, PayPal presently has a consensus rating of “Hold” and an average price target of $81.67.

Insider Buying and Selling at PayPal

In related news, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $59.84, for a total value of $249,054.08. Following the transaction, the insider directly owned 30,983 shares of the company’s stock, valued at approximately $1,854,022.72. This trade represents a 11.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $68.97, for a total value of $264,706.86. Following the sale, the executive vice president directly owned 16,989 shares of the company’s stock, valued at $1,171,731.33. This represents a 18.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 36,156 shares of company stock valued at $2,432,524 in the last ninety days. Corporate insiders own 0.08% of the company’s stock.

PayPal Stock Performance

Shares of PYPL opened at $61.73 on Friday. The firm has a market capitalization of $57.76 billion, a P/E ratio of 12.37, a PEG ratio of 0.83 and a beta of 1.43. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34. PayPal Holdings, Inc. has a one year low of $55.85 and a one year high of $93.66. The business has a fifty day moving average of $66.70 and a 200 day moving average of $69.58.

PayPal (NASDAQ:PYPL) last announced its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.14. The business had revenue of $8.42 billion for the quarter, compared to analysts’ expectations 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 and its FY 2025 guidance at 5.350-5.390 EPS. As a group, sell-side analysts anticipate that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Announces Dividend

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

PayPal 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.