GatePass Capital LLC Increases Position in PayPal Holdings, Inc. $PYPL

Posted by Michael Walen on Jul 18th, 2026

GatePass Capital LLC grew its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 464.2% during the first quarter, Holdings Channel reports. The firm owned 20,283 shares of the credit services provider’s stock after acquiring an additional 16,688 shares during the quarter. GatePass Capital LLC’s holdings in PayPal were worth $917,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. California Public Employees Retirement System grew its position in PayPal by 3.4% in the 1st quarter. California Public Employees Retirement System now owns 1,830,620 shares of the credit services provider’s stock valued at $82,799,000 after acquiring an additional 60,752 shares in the last quarter. Audent Global Asset Management LLC acquired a new stake in shares of PayPal during the first quarter worth about $1,537,000. Watershed Asset Management L.L.C. boosted its stake in shares of PayPal by 31.4% in the first quarter. Watershed Asset Management L.L.C. now owns 9,595 shares of the credit services provider’s stock valued at $434,000 after purchasing an additional 2,295 shares during the period. Kera Capital Partners Inc. boosted its stake in shares of PayPal by 125.6% in the first quarter. Kera Capital Partners Inc. now owns 9,828 shares of the credit services provider’s stock valued at $445,000 after purchasing an additional 5,472 shares during the period. Finally, Cornerstone Planning Group LLC grew its holdings in shares of PayPal by 26.2% in the first quarter. Cornerstone Planning Group LLC now owns 1,523 shares of the credit services provider’s stock valued at $71,000 after purchasing an additional 316 shares in the last quarter. 68.32% of the stock is currently owned by hedge funds and other institutional investors.

PayPal Price Performance

Shares of PYPL opened at $56.56 on Friday. The firm has a market capitalization of $49.89 billion, a price-to-earnings ratio of 10.61, a PEG ratio of 1.42 and a beta of 1.33. The firm’s fifty day simple moving average is $44.60 and its 200-day simple moving average is $47.23. PayPal Holdings, Inc. has a twelve month low of $38.46 and a twelve month high of $79.50. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.47.

PayPal (NASDAQ:PYPL – Get Free Report) last issued its earnings results on Tuesday, May 5th. The credit services provider reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.07. PayPal had a net margin of 15.00% and a return on equity of 25.02%. The firm had revenue of $8.35 billion during the quarter, compared to the consensus estimate of $8.05 billion. During the same quarter in the previous year, the firm posted $1.33 earnings per share. The company’s revenue was up 7.2% compared to the same quarter last year. Equities analysts forecast that PayPal Holdings, Inc. will post 5.32 EPS for the current fiscal year.

PayPal Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th were issued a $0.14 dividend. The ex-dividend date was Thursday, June 4th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.0%. PayPal’s dividend payout ratio is presently 10.51%.

Insider Transactions at PayPal

In other PayPal news, insider Frank Keller sold 4,612 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $42.54, for a total transaction of $196,194.48. Following the sale, the insider owned 41,567 shares of the company’s stock, valued at approximately $1,768,260.18. This trade represents a 9.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $42.79, for a total transaction of $144,587.41. Following the sale, the insider owned 30,983 shares of the company’s stock, valued at $1,325,762.57. This represents a 9.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 20,612 shares of company stock valued at $966,623. Corporate insiders own 0.63% of the company’s stock.

Wall Street Analyst Weigh In

PYPL has been the topic of several recent research reports. Clear Str raised shares of PayPal to a “hold” rating in a research note on Thursday. BTIG Research restated a “neutral” rating on shares of PayPal in a research note on Wednesday. BMO Capital Markets started coverage on shares of PayPal in a research note on Tuesday, April 21st. They issued a “market perform” rating and a $52.00 price target for the company. Truist Financial cut their price objective on PayPal from $45.00 to $44.00 and set a “sell” rating on the stock in a research report on Tuesday, May 12th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $59.00 price objective on shares of PayPal in a research note on Wednesday, May 6th. Seven analysts have rated the stock with a Buy rating, thirty-four have given a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, PayPal presently has a consensus rating of “Hold” and an average price target of $54.61.

View Our Latest Research Report on PYPL

Key Stories Impacting PayPal

Here are the key news stories impacting PayPal this week:

Positive Sentiment: The reported takeover interest from Stripe and Advent has fueled speculation that PayPal could be worth more than the current offer, with several analysts and investors arguing the bid is too low. Reuters: PayPal board sees Stripe-Advent offer as inadequate, sources say
Positive Sentiment: Some market commentary suggests the bid could force a higher valuation for PYPL, potentially supporting further upside if negotiations continue or a competing offer emerges. Yahoo Finance: Cantor sees potential for higher PayPal offer as analysis suggests $70/share value
Neutral Sentiment: PayPal’s board has reportedly not formally responded yet, so the deal is still early-stage and subject to negotiation, financing, and regulatory risk. Yahoo Finance weekly review
Negative Sentiment: The board is said to view the $53 billion proposal as inadequate, which could mean a longer path to any deal or no deal at all if a higher price does not materialize. PYMNTS: PayPal Board Calls $53 Billion Stripe-Advent Bid Inadequate

PayPal Profile

(Free Report)

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.