Andra AP fonden Purchases 98,800 Shares of PayPal Holdings, Inc. $PYPL

Andra AP fonden increased its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 24.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 504,000 shares of the credit services provider’s stock after acquiring an additional 98,800 shares during the period. Andra AP fonden owned about 0.05% of PayPal worth $37,457,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of PYPL. Vanguard Group Inc. grew its holdings in shares of PayPal by 0.3% during the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock worth $5,625,976,000 after purchasing an additional 276,339 shares during the last quarter. Deutsche Bank AG boosted its position in PayPal by 19.1% during the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock worth $733,294,000 after buying an additional 1,798,330 shares during the period. Invesco Ltd. boosted its position in PayPal by 14.9% during the 1st quarter. Invesco Ltd. now owns 9,516,070 shares of the credit services provider’s stock worth $620,924,000 after buying an additional 1,232,155 shares during the period. Goldman Sachs Group Inc. grew its holdings in PayPal by 44.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock worth $558,499,000 after acquiring an additional 2,638,815 shares during the last quarter. Finally, Nuveen LLC acquired a new position in PayPal in the 1st quarter valued at approximately $529,264,000. Institutional investors and hedge funds own 68.32% of the company’s stock.

Analyst Ratings Changes

PYPL has been the topic of a number of recent research reports. Sanford C. Bernstein cut their price target on shares of PayPal from $85.00 to $76.00 in a report on Tuesday, October 21st. Keefe, Bruyette & Woods raised their target price on PayPal from $85.00 to $90.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. JMP Securities cut their target price on PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a report on Wednesday, July 30th. Compass Point reiterated a “sell” rating and issued a $66.00 price target on shares of PayPal in a research report on Wednesday, October 29th. Finally, Macquarie increased their price target on PayPal from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, October 29th. Fifteen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $83.03.

PayPal Stock Up 3.0%

Shares of NASDAQ:PYPL opened at $68.06 on Thursday. The company has a market capitalization of $63.68 billion, a price-to-earnings ratio of 13.64, a P/E/G ratio of 0.97 and a beta of 1.45. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34. The business’s 50-day moving average is $68.92 and its 200-day moving average is $70.29. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66.

PayPal (NASDAQ:PYPL) last released its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, topping the consensus estimate of $1.20 by $0.14. The business had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The firm’s revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Equities 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, December 10th. Investors of record on Wednesday, November 19th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Wednesday, November 19th.

Insider Buying and Selling

In other PayPal news, insider Suzan Kereere sold 12,500 shares of the firm’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $68.87, for a total value of $860,875.00. Following the completion of the sale, the insider directly owned 30,983 shares in the company, valued at approximately $2,133,799.21. This trade represents a 28.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Chris Natali sold 1,374 shares of the company’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. The SEC filing for this sale provides additional information. Insiders have sold a total of 26,874 shares of company stock valued at $1,856,968 over the last ninety days. 0.08% of the stock is owned by corporate insiders.

PayPal 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.