Stonegate Investment Group LLC Sells 470,093 Shares of PayPal Holdings, Inc. $PYPL

Stonegate Investment Group LLC reduced its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 97.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,647 shares of the credit services provider’s stock after selling 470,093 shares during the quarter. Stonegate Investment Group LLC’s holdings in PayPal were worth $848,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PYPL. Wedmont Private Capital lifted its position in shares of PayPal by 1.6% during the third quarter. Wedmont Private Capital now owns 9,157 shares of the credit services provider’s stock valued at $614,000 after buying an additional 142 shares during the last quarter. Dakota Community Bank & Trust NA raised its stake in shares of PayPal by 8.7% during the 2nd quarter. Dakota Community Bank & Trust NA now owns 1,840 shares of the credit services provider’s stock worth $137,000 after acquiring an additional 147 shares in the last quarter. WCG Wealth Advisors LLC lifted its position in PayPal by 1.1% during the second quarter. WCG Wealth Advisors LLC now owns 14,285 shares of the credit services provider’s stock valued at $1,062,000 after acquiring an additional 162 shares during the last quarter. Sound Income Strategies LLC lifted its position in PayPal by 16.5% during the third quarter. Sound Income Strategies LLC now owns 1,185 shares of the credit services provider’s stock valued at $79,000 after acquiring an additional 168 shares during the last quarter. Finally, Cornerstone Wealth Group LLC boosted its stake in PayPal by 4.6% in the second quarter. Cornerstone Wealth Group LLC now owns 3,897 shares of the credit services provider’s stock valued at $290,000 after acquiring an additional 172 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. KGI Securities reduced their price target on PayPal from $85.00 to $80.00 in a research report on Monday, November 10th. Truist Financial set a $58.00 target price on PayPal in a research report on Tuesday, January 20th. UBS Group decreased their price target on PayPal from $80.00 to $65.00 in a research note on Wednesday, December 24th. Royal Bank Of Canada boosted their price target on PayPal from $88.00 to $91.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 28th. Finally, Wall Street Zen downgraded shares of PayPal from a “buy” rating to a “hold” rating in a report on Sunday, January 18th. Twelve equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $73.72.

Key Stories Impacting PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal/NCA survey shows rising merchant adoption of crypto — nearly 40% of U.S. merchants now accept crypto at checkout and many expect adoption to grow; this supports PayPal’s payments roadmap and potential volume/fee growth over time. Nearly 40% of US merchants accept crypto at checkout: PayPal
• Positive Sentiment: PayPal to acquire Cymbio — acquisition aimed at expanding agentic/merchant commerce capabilities which could accelerate merchant integrations and revenue diversification if execution is successful. PayPal to Acquire Cymbio
• Positive Sentiment: Analyst Q4 preview: JPMorgan expects a revenue beat and in?line EPS — if revenue outperformance shows improving top?line momentum it could offset some of the negative analyst chatter. PayPal Q4 Preview: Analyst Expects Revenue Beat
• Neutral Sentiment: Cantor Fitzgerald starts coverage with a neutral rating — adds institutional attention but not a catalyst to push the stock strongly either way. Cantor Fitzgerald initiates coverage of PayPal with neutral recommendation
• Neutral Sentiment: HSBC trims price target from $93 to $72 but keeps a Buy — a smaller tailwind than before (PT cut is negative), yet maintaining Buy reduces the severity of the hit. HSBC adjusts price target on PayPal to $72
• Neutral Sentiment: Crypto market shift analysis: stablecoins and app-layer services are re-shaping flows — structural crypto changes could be mixed for PayPal depending on how it monetizes on?chain vs. off?chain payments. Crypto Shifts Focus as Stablecoins and Apps Dominate Market Flow
• Neutral Sentiment: Retail/sector bullish pieces predict a rebound to prior highs — these are sentiment drivers but speculative and not guaranteed. Prediction: PayPal beats earnings and will hit $90
• Negative Sentiment: Rothschild & Co Redburn downgraded PYPL to Sell and cut its price target ahead of Q4 — this is the most direct near?term negative catalyst pressuring the stock. PayPal hit with sell rating and price target cut
• Negative Sentiment: Seeking Alpha warns of a brutal competitive landscape and unresolved changes — raises medium?to?long?term execution risks for growth and margin expansion. PayPal: A Brutal Competitive Landscape
• Negative Sentiment: Market note: Zacks highlighted a recent session where PYPL underperformed despite market gains — evidence of short?term selling pressure ahead of earnings. PayPal stock drops despite market gains

PayPal Price Performance

NASDAQ:PYPL opened at $55.51 on Wednesday. The firm’s fifty day moving average is $59.41 and its two-hundred day moving average is $65.82. The firm has a market cap of $51.94 billion, a price-to-earnings ratio of 11.12, a PEG ratio of 0.71 and a beta of 1.42. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. PayPal Holdings, Inc. has a one year low of $55.01 and a one year high of $90.93.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.14. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The business had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.21 billion. During the same quarter in the previous year, the firm posted $1.20 EPS. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. Research analysts expect that PayPal Holdings, Inc. will post 5.03 EPS for the current year.

Insider Buying and Selling

In other news, EVP Aaron Webster sold 9,282 shares of PayPal stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $66.29, for a total transaction of $615,303.78. Following the completion of the transaction, the executive vice president directly owned 35,699 shares of the company’s stock, valued at $2,366,486.71. The trade was a 20.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of PayPal stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $68.97, for a total transaction of $264,706.86. Following the completion of the transaction, the executive vice president directly owned 16,989 shares of the company’s stock, valued at $1,171,731.33. The trade was a 18.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 36,156 shares of company stock valued at $2,432,524 in the last ninety days. Insiders own 0.08% of the company’s stock.

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.