Allspring Global Investments Holdings LLC Sells 65,128 Shares of PayPal Holdings, Inc. $PYPL

Allspring Global Investments Holdings LLC lowered its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 61.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,443 shares of the credit services provider’s stock after selling 65,128 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in PayPal were worth $2,351,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of PYPL. Kelleher Financial Advisors bought a new stake in shares of PayPal in the 3rd quarter worth about $30,000. Cloud Capital Management LLC bought a new stake in shares of PayPal in the 3rd quarter worth about $30,000. Total Investment Management Inc. bought a new stake in shares of PayPal in the 2nd quarter worth about $38,000. True Wealth Design LLC lifted its holdings 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 last quarter. Finally, Dagco Inc. lifted its holdings in shares of PayPal by 1,250.0% in the 3rd quarter. Dagco Inc. now owns 540 shares of the credit services provider’s stock worth $36,000 after acquiring an additional 500 shares during the last quarter. Institutional investors own 68.32% of the company’s stock.

PayPal News Summary

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Meta’s expanding social‑commerce and AI ad efforts include a new PayPal one‑tap shopping/integrated payments partnership, which could boost transaction volume and merchant integrations for PYPL. Meta Platforms Gains 4%: Strong Ad Revenue Growth and PayPal Partnership Put the Stock Back in Focus
• Neutral Sentiment: Citigroup raised PayPal’s price target to $48 (from $42) but kept a “neutral” rating — a modest vote of confidence that implies limited near‑term upside from current levels. Citigroup Adjusts Price Target on PayPal to $48 from $42, Maintains Neutral Rating
• Neutral Sentiment: Analyst/market commentary is re‑examining PayPal after a prolonged share slump; these pieces frame PYPL as either a value opportunity or a structural risk, which can amplify volatility but don’t change fundamentals immediately. Is It Time To Reassess PayPal (PYPL) After Its Prolonged Share Price Slump?
• Negative Sentiment: PayPal disclosed a cybersecurity incident involving unauthorized transactions and refunds to affected customers — a near‑term hit to trust and potential remediation costs that can pressure merchant and user activity. PayPal Cybersecurity Incident Tests Platform Resilience And Investor Valuation Case
• Negative Sentiment: A wave of securities‑fraud class action notices and lawsuits has been filed or publicized, with multiple firms reminding investors of April 20 deadlines — legal exposure and discovery costs could be material if suits proceed. PYPL CLASS ACTION NOTICE: Faruqi & Faruqi, LLP Reminds PayPal (PYPL) Investors of Securities Class Action Deadline

PayPal Trading Up 2.2%

NASDAQ PYPL opened at $45.85 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.29 and a current ratio of 1.29. The company has a market capitalization of $42.21 billion, a price-to-earnings ratio of 8.48, a price-to-earnings-growth ratio of 1.35 and a beta of 1.40. The company’s 50-day simple moving average is $44.56 and its two-hundred day simple moving average is $56.80. PayPal Holdings, Inc. has a one year low of $38.46 and a one year high of $79.50.

PayPal (NASDAQ:PYPL) last posted its earnings results on Tuesday, February 3rd. The credit services provider reported $1.23 EPS for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.06). The business had revenue of $8.68 billion for the quarter, compared to analysts’ expectations of $8.82 billion. PayPal had a net margin of 15.77% and a return on equity of 25.42%. The company’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period last year, the business posted $1.19 EPS. Equities analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $0.56 dividend on an annualized basis and a yield of 1.2%. PayPal’s dividend payout ratio (DPR) is 10.35%.

Insider Buying and Selling at PayPal

In other news, EVP Frank Keller sold 29,581 shares of PayPal stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $46.02, for a total value of $1,361,317.62. Following the transaction, the executive vice president owned 51,567 shares of the company’s stock, valued at $2,373,113.34. The trade was a 36.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Chris Natali sold 2,208 shares of PayPal stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $44.73, for a total transaction of $98,763.84. Following the completion of the transaction, the chief accounting officer directly owned 1,140 shares in the company, valued at approximately $50,992.20. The trade was a 65.95% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 87,608 shares of company stock valued at $3,831,535. Company insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on PYPL shares. Needham & Company LLC restated a “hold” rating on shares of PayPal in a report on Tuesday, February 3rd. Weiss Ratings restated a “hold (c)” rating on shares of PayPal in a report on Thursday, January 22nd. Truist Financial lowered their target price on shares of PayPal from $58.00 to $39.00 and set a “sell” rating for the company in a report on Tuesday, February 10th. Wells Fargo & Company lowered their target price on shares of PayPal from $67.00 to $48.00 and set an “equal weight” rating for the company in a report on Wednesday, February 4th. Finally, Loop Capital started coverage on shares of PayPal in a report on Tuesday, March 31st. They issued a “hold” rating and a $46.00 target price for the company. Eight research analysts have rated the stock with a Buy rating, thirty-one have given a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $57.41.

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.