Fragasso Financial Advisors Inc Sells 20,458 Shares of PayPal Holdings, Inc. $PYPL

Fragasso Financial Advisors Inc reduced its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 73.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,400 shares of the credit services provider’s stock after selling 20,458 shares during the quarter. Fragasso Financial Advisors Inc’s holdings in PayPal were worth $512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Hilltop National Bank bought a new position in PayPal during the 2nd quarter valued at about $27,000. MUFG Securities EMEA plc raised its holdings in shares of PayPal by 100.4% during the second quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock valued at $29,000 after purchasing an additional 87,524 shares during the last quarter. Gordian Capital Singapore Pte Ltd lifted its position in PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 138 shares during the period. VSM Wealth Advisory LLC bought a new position in PayPal during the second quarter valued at approximately $36,000. Finally, Total Investment Management Inc. purchased a new stake in PayPal in the second quarter worth approximately $38,000. 68.32% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at PayPal

In other news, EVP Aaron Webster sold 9,282 shares of PayPal stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $66.29, for a total transaction of $615,303.78. Following the sale, the executive vice president owned 35,699 shares in the company, valued at $2,366,486.71. This trade represents a 20.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $59.84, for a total transaction of $249,054.08. Following the transaction, the insider owned 30,983 shares of the company’s stock, valued at approximately $1,854,022.72. This represents a 11.84% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 36,156 shares of company stock valued at $2,432,524. Corporate insiders own 0.08% of the company’s stock.

PayPal Stock Down 1.9%

PYPL opened at $60.18 on Thursday. The stock has a market cap of $56.31 billion, a price-to-earnings ratio of 12.06, a price-to-earnings-growth ratio of 0.83 and a beta of 1.43. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. The firm’s fifty day moving average is $65.10 and its 200 day moving average is $68.94. PayPal Holdings, Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $93.25.

PayPal (NASDAQ:PYPL) last posted 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 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 quarterly revenue was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $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. On average, sell-side analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th were issued 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 was Wednesday, November 19th. PayPal’s dividend payout ratio (DPR) is 11.22%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on PYPL. Evercore ISI decreased their target price on shares of PayPal from $75.00 to $65.00 and set an “in-line” rating for the company in a research note on Monday, December 8th. Deutsche Bank Aktiengesellschaft lowered their target price on PayPal from $75.00 to $65.00 and set a “hold” rating on the stock in a report on Friday, December 5th. Canaccord Genuity Group increased their price target on shares of PayPal from $96.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. HSBC lifted their price target on shares of PayPal from $86.00 to $93.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Finally, Argus raised their target price on PayPal from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Twelve investment analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $78.97.

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.