Mitsubishi UFJ Asset Management Co. Ltd. Purchases Shares of 2,255,025 PayPal Holdings, Inc. $PYPL

Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) in the 2nd quarter, HoldingsChannel reports. The firm bought 2,255,025 shares of the credit services provider’s stock, valued at approximately $97,372,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of PYPL. Bard Associates Inc. bought a new stake in shares of PayPal during the 4th quarter worth $25,000. Allied Private Wealth LLC purchased a new position in PayPal in the second quarter worth $25,000. Robinswood Financial LLC bought a new position in PayPal in the first quarter valued at $26,000. Caitong International Asset Management Co. Ltd increased its stake in PayPal by 15,233.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 460 shares of the credit services provider’s stock valued at $27,000 after acquiring an additional 457 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC purchased a new stake in PayPal during the fourth quarter valued at about $28,000. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Insider Activity

In related news, insider Frank Keller sold 4,612 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $42.54, for a total value of $196,194.48. Following the completion of the sale, the insider owned 41,567 shares of the company’s stock, valued at $1,768,260.18. This trade represents a 9.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Suzan Kereere sold 3,379 shares of PayPal stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $42.79, for a total transaction of $144,587.41. Following the completion of the sale, the insider owned 30,983 shares in the company, valued at approximately $1,325,762.57. This trade represents a 9.83% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 10,612 shares of company stock valued at $484,534. Company insiders own 0.63% of the company’s stock.

PayPal Stock Performance

Shares of NASDAQ:PYPL opened at $60.43 on Wednesday. The company has a market cap of $51.70 billion, a price-to-earnings ratio of 11.42, a price-to-earnings-growth ratio of 1.51 and a beta of 1.29. The company has a 50-day moving average price of $50.89 and a 200-day moving average price of $47.29. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.55. PayPal Holdings, Inc. has a 12 month low of $38.46 and a 12 month high of $79.21.

PayPal (NASDAQ:PYPL) last posted its earnings results on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.10. PayPal had a net margin of 14.36% and a return on equity of 24.39%. The company had revenue of $8.68 billion during the quarter, compared to analyst estimates of $8.47 billion. During the same period in the prior year, the business posted $1.40 earnings per share. PayPal’s revenue for the quarter was up 4.8% on a year-over-year basis. As a group, equities analysts anticipate that PayPal Holdings, Inc. will post 5.37 EPS for the current year.

PayPal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, September 4th. PayPal’s dividend payout ratio (DPR) is currently 10.59%.

PayPal News Roundup

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Takeover interest supports valuation. PayPal is reportedly in renewed sale discussions with a consortium involving Stripe and Advent International. The group previously submitted a bid of approximately $60.50 per share, while one analysis suggested a potential sale value of $70–$80 per share. PayPal reportedly in sale talks with consortium including Stripe and Advent PayPal Could Be Sold For $70-$80/Share
• Positive Sentiment: Analysts see potential beyond PayPal’s checkout business. Piper Sandler raised its price target by more than 40% to $59, citing value in PayPal’s broader platform, although it retained a Neutral rating. Piper Sandler sees value beyond checkout
• Positive Sentiment: Operating trends remain mixed but constructive. Recent coverage points to total payment volume and Venmo growth, while PayPal’s latest reported quarter exceeded consensus estimates for earnings and revenue. Should You Buy, Sell or Hold PayPal Stock
• Neutral Sentiment: BNPL weakness has not materially spread to PayPal. Klarna’s outlook reduction triggered a sharp selloff in its shares, but PayPal and Affirm were described as largely shrugging off the news, suggesting limited immediate read-through for PayPal. Klarna craters on guidance cut while Affirm and PayPal shrug it off
• Negative Sentiment: Core checkout growth and competition remain concerns. Analysts cautioned that weak checkout expansion and pressure from rivals could undermine the turnaround, tempering the bullish impact of takeover rumors. TikTok’s exploration of peer-to-peer payments also highlights growing competition for digital-payment activity. TikTok explores peer-to-peer payments via direct messages

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on PYPL shares. Robert W. Baird lifted their price target on PayPal from $50.00 to $57.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Clear Str upgraded PayPal to a “hold” rating in a research report on Thursday, July 16th. BNP Paribas Exane raised their price objective on PayPal from $43.50 to $52.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. TD Cowen boosted their target price on PayPal from $48.00 to $59.00 and gave the stock a “hold” rating in a research report on Wednesday, July 29th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of PayPal in a research note on Wednesday, August 5th. Nine analysts have rated the stock with a Buy rating, thirty-four have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, PayPal has a consensus rating of “Hold” and a consensus price target of $56.19.

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.