Harel Insurance Investments & Financial Services Ltd. lessened its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 99.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 500 shares of the credit services provider’s stock after selling 640,241 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in PayPal were worth $33,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. Hilltop National Bank acquired a new stake in PayPal in the second quarter worth about $27,000. MUFG Securities EMEA plc raised its position in shares of PayPal by 100.4% during the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after buying an additional 87,524 shares in the last quarter. True Wealth Design LLC lifted its stake in shares of PayPal by 285.3% in the 3rd 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 period. VSM Wealth Advisory LLC bought a new position in shares of PayPal in the second quarter valued at approximately $36,000. Finally, Dagco Inc. boosted its holdings in shares of PayPal by 1,250.0% in the third quarter. Dagco Inc. now owns 540 shares of the credit services provider’s stock valued at $36,000 after acquiring an additional 500 shares in the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts recently commented on the company. Baird R W cut PayPal from a “strong-buy” rating to a “hold” rating in a report on Friday, December 12th. Robert W. Baird reissued a “neutral” rating and issued a $66.00 price objective (down previously from $83.00) on shares of PayPal in a research note on Friday, December 12th. Keefe, Bruyette & Woods upped their price objective on PayPal from $85.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday, October 29th. TD Cowen lowered their target price on PayPal from $80.00 to $65.00 and set a “hold” rating on the stock in a report on Monday, January 12th. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of PayPal in a research report on Wednesday, December 17th. Twelve equities research analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, PayPal presently has an average rating of “Hold” and an average target price of $76.05.
PayPal Stock Up 0.3%
Shares of PayPal stock opened at $56.89 on Tuesday. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.25. The firm has a market capitalization of $53.23 billion, a PE ratio of 11.40, a price-to-earnings-growth ratio of 0.71 and a beta of 1.42. 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’s fifty day moving average is $60.38 and its 200-day moving average is $66.61.
PayPal (NASDAQ:PYPL – Get Free Report) last issued its quarterly earnings results 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. The firm 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%.PayPal’s revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $1.20 EPS. 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 anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.
PayPal Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Wednesday, November 19th. PayPal’s dividend payout ratio is 11.22%.
Insider Activity
In other news, CAO Chris Natali sold 1,374 shares of the firm’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $69.13, for a total value of $94,984.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction on 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 transaction, the executive vice president directly owned 16,989 shares in the company, valued at $1,171,731.33. This trade represents a 18.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 36,156 shares of company stock worth $2,432,524. Company insiders own 0.08% of the company’s stock.
About PayPal
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.
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