Pictet Asset Management Holding SA Lowers Holdings in PayPal Holdings, Inc. $PYPL

Pictet Asset Management Holding SA cut its position in PayPal Holdings, Inc. (NASDAQ:PYPL) by 48.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 493,345 shares of the credit services provider’s stock after selling 461,450 shares during the period. Pictet Asset Management Holding SA’s holdings in PayPal were worth $22,314,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. lifted its position in PayPal by 6.5% during the fourth quarter. Vanguard Group Inc. now owns 90,376,927 shares of the credit services provider’s stock valued at $5,276,205,000 after purchasing an additional 5,534,462 shares during the period. Rule One Partners LLC purchased a new position in PayPal during the fourth quarter valued at $2,043,000. Capital Research Global Investors grew its stake in shares of PayPal by 2.3% during the 3rd quarter. Capital Research Global Investors now owns 27,953,803 shares of the credit services provider’s stock valued at $1,874,637,000 after acquiring an additional 636,441 shares during the period. Step Capital Management Pte. Ltd. bought a new position in shares of PayPal in the fourth quarter worth approximately $6,130,000. Finally, Easterly Investment Partners LLC boosted its holdings in PayPal by 705.2% in the 4th quarter. Easterly Investment Partners LLC now owns 100,651 shares of the credit services provider’s stock worth $5,876,000 after buying an additional 88,151 shares during the period. 68.32% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on PYPL. Canaccord Genuity Group reaffirmed a “hold” rating and set a $42.00 price objective on shares of PayPal in a report on Wednesday, May 20th. Citigroup raised their price objective on PayPal from $42.00 to $48.00 and gave the company a “neutral” rating in a research note on Wednesday, April 8th. Mizuho reaffirmed a “neutral” rating and set a $50.00 price target (down from $60.00) on shares of PayPal in a research note on Thursday, April 16th. Truist Financial reduced their target price on PayPal from $45.00 to $44.00 and set a “sell” rating on the stock in a research note on Tuesday, May 12th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $59.00 price target on shares of PayPal in a research note on Wednesday, May 6th. Eight equities research analysts have rated the stock with a Buy rating, thirty-two have assigned a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $55.01.

Insider Buying and Selling

In related news, insider Frank Keller sold 4,612 shares of PayPal stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $42.54, for a total transaction of $196,194.48. Following the completion of the transaction, the insider directly owned 41,567 shares in the company, valued at approximately $1,768,260.18. This trade represents a 9.99% 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, CAO Chris Natali sold 1,337 shares of PayPal 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 transaction, the chief accounting officer directly owned 1,586 shares of the company’s stock, valued at approximately $78,443.56. This trade represents a 45.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 20,612 shares of company stock valued at $966,623 over the last ninety days. Company insiders own 0.63% of the company’s stock.

More PayPal News

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Piper Sandler upgraded PayPal from “neutral” to “hold,” which suggests some analysts see limited downside and a more balanced risk/reward setup. The Fly report on Piper Sandler upgrade
• Positive Sentiment: Multiple recent writeups say PayPal looks cheap on valuation, with forward earnings multiples near the lowest levels in years, which could attract value-oriented investors if execution improves. TipRanks article
• Positive Sentiment: Commentary also points to PayPal’s cost-cutting and AI-focused restructuring as potential margin tailwinds over time, supporting the case that the stock may be undervalued. Yahoo Finance article
• Neutral Sentiment: Several sector and comparison pieces this week, including articles on payment peers and fintech valuations, kept PayPal in focus but did not add a clear new catalyst for the stock. Motley Fool comparison
• Neutral Sentiment: PayPal is also being discussed as part of broader adoption of AI commerce infrastructure, which could be a long-term positive but is not an immediate earnings driver. Fortune article on AI shopping
• Negative Sentiment: Investor caution remains high because recent reporting and analysis highlight slowing growth, softer outlooks for Venmo and branded checkout, and pressure on profitability. Quiver Quantitative report
• Negative Sentiment: Goldman Sachs reportedly issued a “sell” rating, adding to the cautious analyst tone and reinforcing worries that estimates may still need to come down. The Globe and Mail report
• Negative Sentiment: Another recent market note said PayPal fell as the broader market gained, underscoring that investors are still skeptical about the turnaround story. Yahoo Finance market recap

PayPal Stock Performance

PYPL opened at $44.07 on Thursday. The firm’s 50-day moving average price is $44.71 and its 200-day moving average price is $48.13. The company has a market cap of $38.87 billion, a P/E ratio of 8.27, a price-to-earnings-growth ratio of 1.08 and a beta of 1.33. PayPal Holdings, Inc. has a 52-week low of $38.46 and a 52-week high of $79.50. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.47.

PayPal (NASDAQ:PYPL) last announced its quarterly earnings data on Tuesday, May 5th. The credit services provider reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.07. PayPal had a return on equity of 25.02% and a net margin of 15.00%.The business had revenue of $8.35 billion for the quarter, compared to analyst estimates of $8.05 billion. During the same period in the prior year, the company earned $1.33 earnings per share. The company’s revenue was up 7.2% on a year-over-year basis. As a group, equities analysts anticipate that PayPal Holdings, Inc. will post 5.3 EPS for the current fiscal year.

PayPal Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, June 4th. PayPal’s dividend payout ratio (DPR) is currently 10.51%.

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.