Assenagon Asset Management S.A. Has $90.46 Million Stock Position in PayPal Holdings, Inc. $PYPL

Assenagon Asset Management S.A. reduced its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 15.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,549,517 shares of the credit services provider’s stock after selling 273,363 shares during the quarter. Assenagon Asset Management S.A. owned 0.17% of PayPal worth $90,461,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Kelleher Financial Advisors acquired a new position in PayPal during the third quarter worth about $30,000. Cloud Capital Management LLC acquired a new stake in shares of PayPal in the 3rd quarter valued at approximately $30,000. Total Investment Management Inc. acquired a new stake in shares of PayPal in the 2nd quarter valued at approximately $38,000. True Wealth Design LLC grew its holdings in shares of PayPal by 285.3% during the 3rd quarter. True Wealth Design LLC now owns 524 shares of the credit services provider’s stock valued at $35,000 after purchasing an additional 388 shares during the last quarter. Finally, Dagco Inc. grew its holdings in shares of PayPal by 1,250.0% during the 3rd quarter. Dagco Inc. now owns 540 shares of the credit services provider’s stock valued at $36,000 after purchasing an additional 500 shares during the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on PYPL. Stephens dropped their price objective on shares of PayPal from $65.00 to $45.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 4th. Monness Crespi & Hardt cut shares of PayPal from a “buy” rating to a “neutral” rating in a research note on Monday, January 5th. President Capital lowered their price target on shares of PayPal from $91.00 to $80.00 and set a “buy” rating for the company in a report on Tuesday, November 25th. Wells Fargo & Company dropped their price target on PayPal from $67.00 to $48.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 4th. Finally, Dbs Bank raised PayPal to a “hold” rating in a report on Friday, February 6th. Eight analysts have rated the stock with a Buy rating, thirty-one have given a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat, PayPal currently has a consensus rating of “Hold” and a consensus target price of $59.03.

Trending Headlines about PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Venmo global rollout expands PayPal’s addressable consumer network by connecting Venmo users with PayPal accounts across ~90 markets, which should boost P2P volume and cross‑sell opportunities over time. PayPal takes Venmo global
• Neutral Sentiment: Analyst/commentary pieces argue PYPL looks cheap on metrics (low P/E) and present a bullish valuation case, but those views haven’t yet offset headline risk. Valuation commentary
• Neutral Sentiment: Several short‑interest reports in the feed show anomalous “0 shares / NaN” figures — data appears unreliable; no clear sign of a sustained short squeeze or covering activity from these items.
• Negative Sentiment: Multiple law firms and shareholder‑rights groups have filed or are soliciting clients for securities class actions tied to the surprise CEO ouster and the sudden withdrawal of long‑term targets; that legal overhang and management disruption are exerting downward pressure on the stock. Hagens Berman class action alert
• Negative Sentiment: Market commentary and a Zacks note highlight that PYPL is underperforming the broader market in the latest session, reflecting investor concern about near‑term execution and governance issues. PYPL falls more steeply than market

PayPal Trading Down 2.8%

PYPL opened at $44.21 on Wednesday. PayPal Holdings, Inc. has a fifty-two week low of $38.46 and a fifty-two week high of $79.50. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.29 and a quick ratio of 1.29. The firm has a market capitalization of $40.70 billion, a price-to-earnings ratio of 8.17, a PEG ratio of 1.36 and a beta of 1.43. The company’s 50 day moving average price is $47.05 and its two-hundred day moving average price is $58.47.

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

PayPal Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, March 4th. PayPal’s dividend payout ratio (DPR) is currently 10.35%.

Insider Buying and Selling

In other news, insider Suzan Kereere sold 37,613 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $41.49, for a total value of $1,560,563.37. Following the completion of the sale, the insider owned 30,983 shares of the company’s stock, valued at approximately $1,285,484.67. This represents a 54.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Frank Keller sold 29,581 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was 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. This trade represents a 36.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 87,608 shares of company stock valued at $3,831,535 in the last three months. Insiders own 0.08% of the company’s stock.

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.