9,212 Shares in PayPal Holdings, Inc. $PYPL Purchased by Tocqueville Asset Management L.P.

Tocqueville Asset Management L.P. purchased a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 9,212 shares of the credit services provider’s stock, valued at approximately $398,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PYPL. BlackRock Inc. purchased a new position in shares of PayPal during the second quarter valued at approximately $3,236,989,000. Norges Bank purchased a new stake in shares of PayPal in the fourth quarter worth approximately $949,758,000. Bank of America Corp DE lifted its stake in shares of PayPal by 67.9% during the 1st quarter. Bank of America Corp DE now owns 25,614,720 shares of the credit services provider’s stock worth $1,158,554,000 after acquiring an additional 10,356,256 shares during the last quarter. Amundi lifted its stake in shares of PayPal by 227.6% during the 1st quarter. Amundi now owns 13,804,208 shares of the credit services provider’s stock worth $624,364,000 after acquiring an additional 9,590,488 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in PayPal during the 2nd quarter valued at $251,215,000. 68.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. BNP Paribas Exane upped their price target on shares of PayPal from $43.50 to $52.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. UBS Group set a $45.00 target price on shares of PayPal in a research note on Wednesday, July 29th. Susquehanna raised their target price on shares of PayPal from $63.00 to $67.00 and gave the stock a “positive” rating in a research report on Wednesday, July 29th. Morgan Stanley set a $45.00 price target on PayPal in a report on Wednesday, July 29th. Finally, Barclays increased their price objective on PayPal from $55.00 to $57.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating, thirty-four have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $56.28.

PayPal News Summary

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Venmo’s expansion into college tuition payments could increase transaction volume. PayPal and Venmo are now being integrated with Illumia, Nelnet Campus Commerce and TouchNet, allowing students and families at participating universities to pay tuition and fees through the digital wallets. The initiative adds a potentially recurring, higher-value use case, although transaction fees and adoption will vary by school. PayPal, Venmo connect to colleges
• Positive Sentiment: Agentic payments offer a longer-term growth narrative. PayPal is positioning its platform around AI-enabled commerce, digital identity and automated payments, potentially allowing software agents to complete transactions on behalf of consumers. The strategy could strengthen PayPal’s relevance as commerce evolves, but commercialization and competitive execution remain uncertain. PayPal Agentic Payments: Can They Reshape the Future of Commerce?
• Positive Sentiment: Technical momentum and investor interest remain supportive. PayPal has formed a bullish “golden cross,” while David Einhorn’s reported $61.5 million stake provides additional visibility and may reinforce the turnaround case. David Einhorn’s PayPal Bet Just Flashed a Golden Cross
• Neutral Sentiment: Takeover chatter is supporting the shares but remains unconfirmed. Reports have revived speculation about a potential sale process involving Stripe and Advent International. No offer or transaction has been announced, so any takeover premium is speculative. PayPal Stock Closes Higher Thursday
• Negative Sentiment: The recent rally has increased valuation and execution concerns. Investors are questioning whether PayPal can sustain momentum amid modest underlying revenue growth and intense competition in digital payments and buy-now-pay-later services. A director’s $253,716 sale under a pre-arranged Rule 10b5-1 plan adds a mild cautionary signal, though it is not necessarily an indication of deteriorating business prospects. PayPal Insider Selling

Insider Buying and Selling at PayPal

In other news, CAO Chris Natali sold 1,337 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $58.10, for a total value of $77,679.70. Following the completion of the transaction, the chief accounting officer directly owned 2,216 shares of the company’s stock, valued at approximately $128,749.60. The trade was a 37.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 732 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $58.10, for a total value of $42,529.20. Following the sale, the insider owned 41,567 shares of the company’s stock, valued at $2,415,042.70. This trade represents a 1.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 14,774 shares of company stock valued at $738,249. 0.63% of the stock is currently owned by corporate insiders.

PayPal Trading Down 1.2%

NASDAQ PYPL opened at $61.55 on Friday. PayPal Holdings, Inc. has a one year low of $38.46 and a one year high of $79.21. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.29 and a current ratio of 1.29. The company has a market capitalization of $52.65 billion, a price-to-earnings ratio of 11.64, a price-to-earnings-growth ratio of 1.52 and a beta of 1.30. The company’s 50-day simple moving average is $52.13 and its two-hundred day simple moving average is $47.51.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings results on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.10. PayPal had a net margin of 14.36% and a return on equity of 24.39%. The firm had revenue of $8.68 billion during the quarter, compared to analysts’ expectations of $8.47 billion. During the same quarter in the prior year, the company earned $1.40 EPS. The company’s revenue was up 4.8% compared to the same quarter last year. Equities analysts forecast that PayPal Holdings, Inc. will post 5.38 EPS for the current fiscal year.

PayPal Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be issued a dividend of $0.14 per share. The ex-dividend date is Friday, September 4th. This represents a $0.56 dividend on an annualized basis and a yield of 0.9%. PayPal’s dividend payout ratio is currently 10.59%.

PayPal Company 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.