Altfest L J & Co. Inc. Takes $700,000 Position in PayPal Holdings, Inc. $PYPL

Altfest L J & Co. Inc. purchased a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 10,434 shares of the credit services provider’s stock, valued at approximately $700,000.

Several other institutional investors also recently added to or reduced their stakes in the company. GSB Wealth Management LLC grew its position in shares of PayPal by 1.7% during the second quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock worth $606,000 after acquiring an additional 140 shares during the last quarter. Wedmont Private Capital boosted its stake in PayPal by 1.6% during the 3rd quarter. Wedmont Private Capital now owns 9,157 shares of the credit services provider’s stock worth $614,000 after purchasing an additional 142 shares during the period. Pitti Group Wealth Management LLC grew its position in PayPal by 1.5% during the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock worth $761,000 after purchasing an additional 147 shares during the last quarter. Dakota Community Bank & Trust NA increased its stake in PayPal by 8.7% in the second quarter. Dakota Community Bank & Trust NA now owns 1,840 shares of the credit services provider’s stock valued at $137,000 after purchasing an additional 147 shares during the period. Finally, Falcon Wealth Planning raised its holdings in shares of PayPal by 2.5% in the second quarter. Falcon Wealth Planning now owns 6,295 shares of the credit services provider’s stock valued at $468,000 after buying an additional 156 shares during the last quarter. Institutional investors and hedge funds own 68.32% of the company’s stock.

Insider Buying and Selling at PayPal

In related news, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $68.97, for a total transaction of $264,706.86. Following the completion of the sale, the executive vice president owned 16,989 shares in the company, valued at approximately $1,171,731.33. This trade represents a 18.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Aaron Webster sold 9,282 shares of the company’s stock in a transaction dated Monday, November 10th. The shares were 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 owned 35,699 shares in the company, valued at approximately $2,366,486.71. This trade represents a 20.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 36,156 shares of company stock valued at $2,432,524. Company insiders own 0.08% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. HSBC raised their price target on PayPal from $86.00 to $93.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. JPMorgan Chase & Co. restated a “neutral” rating and set a $70.00 price target (down previously from $85.00) on shares of PayPal in a research note on Thursday, December 4th. KGI Securities lowered their price objective on shares of PayPal from $85.00 to $80.00 in a research report on Monday, November 10th. KeyCorp reissued a “hold” rating on shares of PayPal in a research note on Wednesday, October 22nd. Finally, Sanford C. Bernstein restated a “market perform” rating on shares of PayPal in a research note on Wednesday, December 17th. Fourteen equities research 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. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $78.29.

PayPal Stock Performance

NASDAQ PYPL opened at $58.14 on Friday. The business has a 50 day moving average price of $62.70 and a 200 day moving average price of $67.82. The company has a market capitalization of $54.40 billion, a P/E ratio of 11.65, a PEG ratio of 0.72 and a beta of 1.42. PayPal Holdings, Inc. has a 1-year low of $55.85 and a 1-year high of $93.25. 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 (NASDAQ:PYPL) last posted its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.14. The company 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%.PayPal’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Sell-side analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Announces Dividend

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

PayPal Company 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.