Praxis Investment Management Inc. decreased its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 64.8% in the first quarter, Holdings Channel.com reports. The institutional investor owned 6,076 shares of the credit services provider’s stock after selling 11,164 shares during the quarter. Praxis Investment Management Inc.’s holdings in PayPal were worth $275,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Brighton Jones LLC grew its stake in PayPal by 15.2% during the 4th quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock valued at $596,000 after acquiring an additional 924 shares in the last quarter. Revolve Wealth Partners LLC purchased a new position in PayPal in the 4th quarter worth approximately $248,000. Sivia Capital Partners LLC boosted its holdings in shares of PayPal by 41.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,470 shares of the credit services provider’s stock worth $332,000 after purchasing an additional 1,310 shares during the last quarter. United Bank boosted its holdings in shares of PayPal by 40.1% during the 2nd quarter. United Bank now owns 17,388 shares of the credit services provider’s stock worth $1,292,000 after purchasing an additional 4,974 shares during the last quarter. Finally, Federated Hermes Inc. grew its position in shares of PayPal by 17.9% in the second quarter. Federated Hermes Inc. now owns 18,909 shares of the credit services provider’s stock valued at $1,405,000 after purchasing an additional 2,865 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors and hedge funds.
PayPal Stock Performance
NASDAQ:PYPL opened at $45.65 on Wednesday. PayPal Holdings, Inc. has a fifty-two week low of $38.46 and a fifty-two week high of $79.50. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.26 and a current ratio of 1.26. The company has a 50 day moving average price of $44.30 and a 200 day moving average price of $47.69. The stock has a market capitalization of $40.27 billion, a P/E ratio of 8.56, a PEG ratio of 1.12 and a beta of 1.33.
PayPal Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 4th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, June 4th. PayPal’s dividend payout ratio (DPR) is 10.51%.
Insider Activity at PayPal
In other PayPal news, CAO Chris Natali sold 1,337 shares of PayPal stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $49.46, for a total value of $66,128.02. Following the completion of the transaction, the chief accounting officer directly owned 1,586 shares of the company’s stock, valued at $78,443.56. The trade was a 45.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 10,732 shares of the business’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $49.96, for a total transaction of $536,170.72. Following the sale, the insider owned 41,567 shares in the company, valued at $2,076,687.32. This trade represents a 20.52% 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. Insiders sold 20,612 shares of company stock worth $966,623 in the last three months. 0.63% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
PYPL has been the topic of a number of analyst reports. Daiwa Securities Group upgraded PayPal from a “hold” rating to an “outperform” rating in a research report on Wednesday, May 6th. Loop Capital assumed coverage on PayPal in a report on Tuesday, March 31st. They issued a “hold” rating and a $46.00 target price for the company. Needham & Company LLC reiterated a “hold” rating on shares of PayPal in a report on Tuesday, May 5th. The Goldman Sachs Group boosted their price target on shares of PayPal from $40.00 to $41.00 and gave the company a “sell” rating in a research report on Monday, June 29th. Finally, UBS Group upped their price objective on shares of PayPal from $44.00 to $48.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Seven research analysts have rated the stock with a Buy rating, thirty-two have given a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $53.72.
Check Out Our Latest Stock Analysis on PYPL
Trending Headlines about PayPal
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: Several recent articles argue that PayPal looks undervalued or “in the bargain bin,” suggesting investors may be rotating into the stock on a cheap valuation setup. PayPal Has Truly Hit The Bargain Bin (Upgrade)
- Positive Sentiment: PayPal’s buy-now-pay-later push could support higher checkout basket sizes, strengthen branded checkout, and improve merchant sales if adoption continues to grow. PayPal’s BNPL Push: Will It Drive Higher Checkout Basket Sizes?
- Positive Sentiment: PayPal continues to draw heavy investor attention, which can reinforce trading interest and short-term momentum in the shares. Investors Heavily Search PayPal Holdings, Inc. (PYPL): Here is What You Need to Know
- Neutral Sentiment: Market commentary highlighted mixed analyst opinions on PayPal, indicating that Wall Street is not fully aligned on the stock’s near-term outlook. Analysts’ Opinions Are Mixed on These Financial Stocks: PayPal Holdings (PYPL) and Bank7 (BSVN)
- Neutral Sentiment: One comparison piece said PayPal beat low expectations in Q1 2026, but also noted management guided to a flat-to-down 2026, which limits enthusiasm. Mastercard Vs. Paypal: The Argument Over Which Undervalued Fintech To Buy Has a Clear Cut Answer
- Negative Sentiment: Technical-focused coverage warned that PayPal fell near 3% Monday as long-term moving averages flashed bearish signals, suggesting the chart remains a headwind. What’s Going on With PayPal Stock Monday?
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.
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Want to see what other hedge funds are holding PYPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report).
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