Goodnow Investment Group LLC Has $52.61 Million Stock Holdings in PayPal Holdings, Inc. $PYPL

Goodnow Investment Group LLC cut its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 6.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 707,922 shares of the credit services provider’s stock after selling 47,520 shares during the quarter. PayPal makes up 4.9% of Goodnow Investment Group LLC’s portfolio, making the stock its 8th largest position. Goodnow Investment Group LLC’s holdings in PayPal were worth $52,613,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of PYPL. Brighton Jones LLC raised its holdings in PayPal by 15.2% during the fourth quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock worth $596,000 after acquiring an additional 924 shares in the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of PayPal during the 4th quarter worth approximately $248,000. HighTower Advisors LLC raised its stake in shares of PayPal by 18.4% during the 1st quarter. HighTower Advisors LLC now owns 573,801 shares of the credit services provider’s stock worth $37,440,000 after purchasing an additional 89,077 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of PayPal by 6.8% during the 1st quarter. Russell Investments Group Ltd. now owns 529,067 shares of the credit services provider’s stock worth $34,513,000 after purchasing an additional 33,797 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of PayPal by 6.8% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 205,840 shares of the credit services provider’s stock valued at $13,431,000 after buying an additional 13,100 shares during the last quarter. Institutional investors own 68.32% of the company’s stock.

Insider Activity

In related news, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $68.97, for a total value of $264,706.86. Following the sale, the executive vice president directly owned 16,989 shares of the company’s stock, valued at $1,171,731.33. This trade represents a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Aaron Webster sold 9,282 shares of the business’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $66.29, for a total value of $615,303.78. Following the transaction, the executive vice president directly owned 35,699 shares of the company’s stock, valued at approximately $2,366,486.71. The trade was a 20.64% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 36,156 shares of company stock worth $2,432,524. Insiders own 0.08% of the company’s stock.

PayPal Price Performance

PayPal stock opened at $61.66 on Friday. The company has a market capitalization of $57.69 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 0.84 and a beta of 1.43. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56. PayPal Holdings, Inc. has a 12 month low of $55.85 and a 12 month high of $93.25. The stock’s 50 day moving average is $65.89 and its 200-day moving average is $69.17.

PayPal (NASDAQ:PYPL) last released its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.14. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The business had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.21 billion. During the same period last year, the firm posted $1.20 EPS. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. 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 research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

PayPal Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $0.56 annualized dividend and a yield of 0.9%. PayPal’s dividend payout ratio is currently 11.22%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on PYPL shares. TD Cowen upped their price target on shares of PayPal from $75.00 to $80.00 and gave the stock a “hold” rating in a research report on Wednesday, October 29th. Royal Bank Of Canada boosted their price objective on shares of PayPal from $88.00 to $91.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 28th. Sanford C. Bernstein cut their target price on shares of PayPal from $85.00 to $76.00 in a research note on Tuesday, October 21st. Compass Point lowered their price target on PayPal from $66.00 to $56.00 and set a “sell” rating on the stock in a research report on Tuesday. Finally, Citigroup raised PayPal to a “hold” rating in a research report on Thursday, October 23rd. Twelve investment analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, PayPal presently has an average rating of “Hold” and an average price target of $78.97.

PayPal Company Profile

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.