NewEdge Wealth LLC Invests $1.18 Million in PayPal Holdings, Inc. $PYPL

NewEdge Wealth LLC purchased a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 27,257 shares of the credit services provider’s stock, valued at approximately $1,177,000.

Other institutional investors also recently bought and sold shares of the company. Bard Associates Inc. acquired a new position in shares of PayPal during the fourth quarter valued at approximately $25,000. Kelleher Financial Advisors acquired a new position in PayPal in the 3rd quarter valued at $30,000. Caitong International Asset Management Co. Ltd raised its stake in PayPal by 15,233.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 460 shares of the credit services provider’s stock valued at $27,000 after purchasing an additional 457 shares during the last quarter. Safe Harbor Fiduciary LLC purchased a new position in PayPal in the 4th quarter valued at $28,000. Finally, Advocate Investing Services LLC purchased a new position in PayPal in the 4th quarter valued at $30,000. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

PYPL has been the subject of a number of research reports. Canaccord Genuity Group reaffirmed a “hold” rating and set a $55.00 target price on shares of PayPal in a report on Wednesday, July 29th. Piper Sandler raised their price target on shares of PayPal from $42.00 to $59.00 and gave the stock a “neutral” rating in a research note on Monday. Daiwa Securities Group upgraded shares of PayPal from a “hold” rating to an “outperform” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. upped their price objective on shares of PayPal from $46.00 to $65.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Finally, The Goldman Sachs Group set a $50.00 price objective on shares of PayPal in a report on Tuesday, July 28th. Nine equities research analysts have rated the stock with a Buy rating, thirty-four have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, PayPal presently has a consensus rating of “Hold” and an average price target of $56.28.

PayPal Stock Down 1.2%

NASDAQ PYPL opened at $61.55 on Friday. PayPal Holdings, Inc. has a 52 week low of $38.46 and a 52 week high of $79.21. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.55. The business’s fifty day simple moving average is $52.13 and its 200-day simple moving average is $47.51. The firm has a market cap of $52.65 billion, a PE ratio of 11.64, a P/E/G ratio of 1.52 and a beta of 1.30.

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, beating 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 for the quarter, compared to analysts’ expectations of $8.47 billion. During the same quarter in the previous year, the company posted $1.40 EPS. The company’s revenue was up 4.8% compared to the same quarter last year. As a group, equities analysts anticipate that PayPal Holdings, Inc. will post 5.38 earnings per share for the current year.

PayPal Dividend Announcement

The company 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 $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, September 4th. PayPal’s payout ratio is presently 10.59%.

Insider Buying and Selling at PayPal

In other news, insider Suzan Kereere sold 4,162 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $60.96, for a total value of $253,715.52. Following the completion of the sale, the insider owned 30,983 shares of the company’s stock, valued at $1,888,723.68. This represents a 11.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Chris Natali sold 1,337 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $58.10, for a total transaction of $77,679.70. Following the sale, the chief accounting officer owned 2,216 shares of the company’s stock, valued at $128,749.60. This represents a 37.63% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 14,774 shares of company stock worth $738,249 in the last ninety days. 0.63% of the stock is owned by insiders.

Key PayPal News

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

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.