Econ Financial Services Corp Has $2.13 Million Stock Position in PayPal Holdings, Inc. $PYPL

Econ Financial Services Corp increased its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL) by 43.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,710 shares of the credit services provider’s stock after acquiring an additional 9,547 shares during the period. Econ Financial Services Corp’s holdings in PayPal were worth $2,126,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. SteelPeak Wealth LLC boosted its holdings in shares of PayPal by 84.5% during the third quarter. SteelPeak Wealth LLC now owns 5,770 shares of the credit services provider’s stock worth $387,000 after purchasing an additional 2,643 shares during the period. Relyea Zuckerberg Hanson LLC lifted its position in PayPal by 18.1% in the 3rd quarter. Relyea Zuckerberg Hanson LLC now owns 7,380 shares of the credit services provider’s stock worth $495,000 after buying an additional 1,133 shares in the last quarter. Silver Oak Securities Incorporated grew its holdings in shares of PayPal by 139.5% during the 3rd quarter. Silver Oak Securities Incorporated now owns 5,427 shares of the credit services provider’s stock valued at $364,000 after acquiring an additional 3,161 shares in the last quarter. Generali Asset Management SPA SGR grew its holdings in shares of PayPal by 1.5% during the 3rd quarter. Generali Asset Management SPA SGR now owns 114,808 shares of the credit services provider’s stock valued at $7,699,000 after acquiring an additional 1,682 shares in the last quarter. Finally, True Wealth Design LLC increased its stake in shares of PayPal by 285.3% in the third quarter. True Wealth Design LLC now owns 524 shares of the credit services provider’s stock worth $35,000 after acquiring an additional 388 shares during the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Insiders Place Their Bets

In related news, insider Suzan Kereere sold 12,500 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $68.87, for a total transaction of $860,875.00. Following the completion of the sale, the insider owned 30,983 shares in the company, valued at $2,133,799.21. This represents a 28.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Aaron Webster sold 9,282 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $66.29, for a total value of $615,303.78. Following the completion of the sale, the executive vice president directly owned 35,699 shares in the company, valued at $2,366,486.71. This trade represents a 20.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 36,156 shares of company stock worth $2,432,524 over the last quarter. 0.08% of the stock is currently owned by company insiders.

PayPal Stock Down 1.2%

Shares of PayPal stock opened at $58.38 on Friday. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.25. 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 stock has a 50 day moving average price of $62.93 and a two-hundred day moving average price of $67.94. The stock has a market capitalization of $54.62 billion, a P/E ratio of 11.70, a PEG ratio of 0.79 and a beta of 1.42.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, topping 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 business had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.21 billion. During the same period in the previous year, the company earned $1.20 earnings per share. PayPal’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 and its FY 2025 guidance at 5.350-5.390 EPS. Equities analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were paid a $0.14 dividend. The ex-dividend date was Wednesday, November 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.0%. PayPal’s payout ratio is presently 11.22%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. UBS Group lowered their target price on PayPal from $80.00 to $65.00 in a research note on Wednesday, December 24th. Cowen reiterated a “mixed” rating on shares of PayPal in a report on Wednesday, October 29th. Bank of America restated a “neutral” rating and issued a $68.00 price objective (down previously from $93.00) on shares of PayPal in a report on Thursday, December 11th. Canaccord Genuity Group lifted their target price on shares of PayPal from $96.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Royal Bank Of Canada boosted their target price on shares of PayPal from $88.00 to $91.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 28th. Fourteen analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $78.29.

PayPal Profile

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.