PayPal Holdings, Inc. $PYPL Shares Purchased by GTS Securities LLC

GTS Securities LLC lifted its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 353.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,547 shares of the credit services provider’s stock after purchasing an additional 30,047 shares during the quarter. GTS Securities LLC’s holdings in PayPal were worth $1,664,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bard Associates Inc. purchased a new stake in shares of PayPal in the 4th quarter valued at approximately $25,000. Kelleher Financial Advisors purchased a new stake in shares of PayPal during the 3rd quarter valued at approximately $30,000. Caitong International Asset Management Co. Ltd lifted its holdings in PayPal by 15,233.3% in 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 during the last quarter. Safe Harbor Fiduciary LLC acquired a new position in PayPal in the fourth quarter valued at approximately $28,000. Finally, Advocate Investing Services LLC purchased a new position in PayPal in the fourth quarter worth approximately $30,000. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CAO Chris Natali sold 1,337 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $58.10, for a total transaction 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Suzan Kereere sold 4,162 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $60.96, for a total transaction of $253,715.52. Following the sale, the insider owned 30,983 shares in the company, valued at $1,888,723.68. The trade was a 11.84% 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 quarter, insiders sold 14,774 shares of company stock worth $738,249. 0.63% of the stock is currently owned by company insiders.

Key PayPal News

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Some market observers argue that PayPal’s board protected potentially greater long-term shareholder value by rejecting the reported $60.50-per-share offer, which valued the company at approximately $53 billion. Options pricing also continues to indicate a bullish bias among some traders. PayPal Drops 12% Overnight on Dead Stripe Deal
• Positive Sentiment: PayPal remains an independent turnaround story, with recent initiatives expanding PayPal and Venmo tuition-payment integrations through campus platforms. Investors will now focus more closely on whether management can improve growth and execution without takeover support. PayPal Tuition Payment Push
• Neutral Sentiment: The failed transaction removes a major change-of-control catalyst and returns attention to PayPal’s standalone fundamentals. The company recently exceeded quarterly earnings and revenue expectations, but revenue growth remained modest and earnings per share declined year over year, leaving execution of its turnaround as the key valuation driver.
• Negative Sentiment: The reported withdrawal eliminates the takeover premium that had supported PYPL during weeks of deal speculation. Reports cited valuation concerns, regulatory hurdles and a breakdown in negotiations; the abrupt reversal has therefore prompted investors to reassess PayPal at its lower standalone valuation. PayPal Shares Fall After Consortium Abandons Takeover Pursuit
• Negative Sentiment: Analysts, including Mizuho, are highlighting risks facing PayPal after the deal collapsed. The heavy trading volume and test of the 50-day moving average indicate heightened uncertainty as investors await evidence that the company can generate sufficient growth independently. Why PayPal Stock Is Down and What Mizuho Thinks Comes Next

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Morgan Stanley set a $45.00 target price on PayPal in a research report on Wednesday, July 29th. Jefferies Financial Group raised shares of PayPal from a “hold” rating to a “buy” rating in a research report on Tuesday, July 28th. BNP Paribas Exane increased their target price on shares of PayPal from $43.50 to $52.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Wells Fargo & Company lifted their price target on shares of PayPal from $48.00 to $56.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 29th. Finally, Clear Str raised shares of PayPal to a “hold” rating in a research note on Thursday, July 16th. Nine equities 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 company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $56.14.

PayPal Stock Down 12.7%

PayPal stock opened at $53.66 on Friday. The firm has a market capitalization of $45.90 billion, a P/E ratio of 10.14, a P/E/G ratio of 1.31 and a beta of 1.30. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.55. PayPal Holdings, Inc. has a twelve month low of $38.46 and a twelve month high of $79.21. The stock’s fifty day simple moving average is $53.88 and its 200-day simple moving average is $48.11.

PayPal (NASDAQ:PYPL) last released its earnings results on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. PayPal had a return on equity of 24.39% and a net margin of 14.36%.The firm had revenue of $8.68 billion during the quarter, compared to analyst estimates of $8.47 billion. During the same period last year, the business posted $1.40 earnings per share. PayPal’s revenue was up 4.8% compared to the same quarter last year. As a group, equities analysts expect that PayPal Holdings, Inc. will post 5.38 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, September 4th. PayPal’s dividend payout ratio (DPR) is presently 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.