67,664 Shares in PayPal Holdings, Inc. $PYPL Acquired by Caxton Associates LLP

Caxton Associates LLP bought a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 67,664 shares of the credit services provider’s stock, valued at approximately $3,060,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Bard Associates Inc. acquired a new stake in PayPal in the fourth quarter worth about $25,000. Kelleher Financial Advisors acquired a new position in shares of PayPal during the third quarter valued at about $30,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of PayPal by 15,233.3% during 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 in the last quarter. Safe Harbor Fiduciary LLC purchased a new position in shares of PayPal in the 4th quarter valued at approximately $28,000. Finally, Advocate Investing Services LLC purchased a new position in shares of PayPal in the 4th quarter valued at approximately $30,000. 68.32% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have weighed in on PYPL. BMO Capital Markets began coverage on PayPal in a research report on Tuesday, April 21st. They set a “market perform” rating and a $52.00 price target on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a $59.00 price target on shares of PayPal in a report on Wednesday, May 6th. Clear Str raised shares of PayPal to a “hold” rating in a report on Thursday, July 16th. Piper Sandler dropped their price objective on PayPal from $46.00 to $42.00 and set a “neutral” rating on the stock in a report on Monday, June 29th. Finally, Needham & Company LLC restated a “hold” rating on shares of PayPal in a research report on Tuesday, May 5th. Nine equities research analysts have rated the stock with a Buy rating, thirty-four have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $54.96.

PayPal Stock Performance

Shares of PYPL stock opened at $56.15 on Friday. The company has a market cap of $49.53 billion, a P/E ratio of 10.53, a PEG ratio of 1.40 and a beta of 1.33. The firm has a fifty day moving average price of $45.70 and a 200 day moving average price of $47.14. 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 Holdings, Inc. has a 12 month low of $38.46 and a 12 month high of $79.50.

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

PayPal Announces Dividend

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

Insider Buying and Selling at PayPal

In related news, CAO Chris Natali sold 1,337 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $49.46, for a total transaction of $66,128.02. Following the sale, the chief accounting officer owned 1,586 shares in the company, valued at approximately $78,443.56. This trade represents a 45.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 4,612 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $42.54, for a total value of $196,194.48. Following the completion of the transaction, 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 disclosure for this sale is available in the SEC filing. 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. 0.63% of the stock is owned by corporate insiders.

Trending Headlines about PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Truist Securities upgraded PayPal from Sell to Hold and raised its price target to $57 from $44, signaling improved confidence in the stock and helping sentiment around PYPL. Article: Benzinga report on Truist upgrade
• Positive Sentiment: Reports that Stripe and Advent International have approached PayPal with a $53 billion takeover bid have fueled speculation that PYPL could be worth more in a deal, boosting investor interest. Article: Yahoo Finance takeover report
• Neutral Sentiment: Options traders are pricing in about an 8.8% swing around next week’s earnings, indicating elevated expectations and potential volatility rather than a clear directional view. Article: TipRanks earnings volatility report
• Neutral Sentiment: Analysts say investors are focused on TPV growth, platform expansion, margins, and competition heading into earnings, with macro uncertainty still clouding the outlook. Article: Zacks preview
• Neutral Sentiment: PayPal remains a low-valuation name by market standards, with investors noting its roughly 11x earnings multiple and ongoing share repurchases as support for long-term value. Article: 24/7 Wall St. valuation note

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.