PayPal Holdings, Inc. $PYPL Stock Sold by Formidable Asset Management LLC

Formidable Asset Management LLC reduced its stake in PayPal Holdings, Inc. (NASDAQ:PYPL) by 67.7% during the third quarter, according to its most recent filing with the SEC. The fund owned 9,844 shares of the credit services provider’s stock after selling 20,592 shares during the quarter. Formidable Asset Management LLC’s holdings in PayPal were worth $517,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PYPL. BlackRock Inc. purchased a new stake in shares of PayPal during the second quarter worth $3,236,989,000. Bank of America Corp DE raised its position in PayPal by 67.9% during the first quarter. Bank of America Corp DE now owns 25,614,720 shares of the credit services provider’s stock valued at $1,158,554,000 after purchasing an additional 10,356,256 shares in the last quarter. Amundi lifted its position in PayPal by 227.6% in the 1st quarter. Amundi now owns 13,804,208 shares of the credit services provider’s stock worth $624,364,000 after buying an additional 9,590,488 shares during the last quarter. Primecap Management Co. CA bought a new position in shares of PayPal during the 2nd quarter valued at $422,092,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of PayPal by 4.3% in the first quarter. Dimensional Fund Advisors LP now owns 9,179,771 shares of the credit services provider’s stock worth $415,192,000 after buying an additional 376,530 shares during the period. Institutional investors own 68.32% of the company’s stock.

PayPal Price Performance

Shares of PYPL stock opened at $59.24 on Monday. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.56. The business’s fifty day moving average is $55.10 and its 200 day moving average is $50.10. The stock has a market cap of $49.21 billion, a price-to-earnings ratio of 11.31, a PEG ratio of 1.23 and a beta of 1.33. PayPal Holdings, Inc. has a twelve month low of $38.46 and a twelve month high of $67.99.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings results on Tuesday, October 27th. The credit services provider reported $1.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.14. PayPal had a net margin of 13.78% and a return on equity of 24.39%. The company had revenue of $8.58 billion during the quarter, compared to analysts’ expectations of $8.71 billion. During the same period last year, the company posted $1.34 EPS. PayPal’s revenue was up 2.0% on a year-over-year basis. Research analysts expect that PayPal Holdings, Inc. will post 5.59 EPS for the current fiscal year.

PayPal Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 24th. Investors of record on Friday, December 4th will be paid a $0.14 dividend. The ex-dividend date is Friday, December 4th. This represents a $0.56 dividend on an annualized basis and a yield of 0.9%. PayPal’s payout ratio is presently 10.69%.

Analysts Set New Price Targets

Several brokerages recently weighed in on PYPL. Cantor Fitzgerald increased their target price on PayPal from $54.00 to $60.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. The Goldman Sachs Group set a $50.00 price target on shares of PayPal in a report on Tuesday, July 28th. Freedom Broker cut shares of PayPal from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 3rd. Morgan Stanley raised their price target on shares of PayPal from $45.00 to $46.00 and gave the stock an “underweight” rating in a report on Wednesday, October 28th. Finally, BMO Capital Markets boosted their price objective on shares of PayPal from $56.00 to $59.00 and gave the company a “market perform” rating in a research report on Wednesday, October 28th. Eight equities research analysts have rated the stock with a Buy rating, thirty-two have assigned a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat, PayPal presently has an average rating of “Hold” and an average price target of $55.94.

More PayPal News

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal raised its 2026 adjusted EPS outlook to about $5.60 after reporting third-quarter results, a supportive signal for earnings expectations. Article: PayPal Is Up 15% in Six Months After a Q3 Beat
• Positive Sentiment: A valuation analysis argues PYPL could be about 13% undervalued, and notes recent share-price momentum, though it also describes quarterly earnings as mixed. Article: PayPal Could Be 13% Undervalued
• Neutral Sentiment: PayPal’s third-quarter basic EPS from continuing operations was $1.26, below $1.31 a year earlier. This signals some earnings pressure, but the company’s raised full-year outlook provides a counterpoint. Article: PayPal Could Be 13% Undervalued
• Negative Sentiment: A comparison of analyst forecasts expects PayPal’s normalized EPS to grow 11% from 2025 to 2027, slower than American Express’s projected 31% growth. That relative outlook may limit enthusiasm for PYPL. Article: American Express vs. PayPal Growth Forecasts
• Negative Sentiment: Freedom Broker downgraded PayPal from “strong buy” to “hold,” adding a cautious analyst view. Article: Freedom Broker Rating

Insider Activity

In other news, CAO Chris Natali sold 552 shares of the stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $54.80, for a total transaction of $30,249.60. Following the sale, the chief accounting officer owned 2,400 shares in the company, valued at $131,520. This represents a 18.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 732 shares of PayPal stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $55.37, for a total value of $40,530.84. Following the completion of the sale, the insider directly owned 41,567 shares of the company’s stock, valued at approximately $2,301,564.79. The trade was a 1.73% 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. Insiders have sold a total of 13,437 shares of company stock worth $768,417 over the last 90 days. 0.63% of the stock is currently owned by insiders.

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