47,075 Shares in PayPal Holdings, Inc. $PYPL Acquired by Clear Harbor Asset Management LLC

Key Points

• Clear Harbor Asset Management acquired 47,075 PayPal shares worth approximately $2.03 million, while institutional investors and hedge funds collectively own 68.32% of PYPL.
• Analyst sentiment remains cautious: PayPal has a consensus “Hold” rating and an average price target of $56.28, despite Jefferies upgrading the stock to “Buy.”
• PayPal exceeded quarterly earnings and revenue expectations, reporting $1.38 in adjusted EPS and $8.68 billion in revenue, and declared a quarterly dividend of $0.14 per share.

Clear Harbor Asset Management LLC acquired a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 47,075 shares of the credit services provider's stock, valued at approximately $2,033,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PYPL. Vanguard Group Inc. grew its stake 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 worth $5,276,205,000 after buying an additional 5,534,462 shares in the last quarter. Rule One Partners LLC acquired a new position in shares of PayPal in the 4th quarter valued at approximately $2,043,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of PayPal during the 2nd quarter worth approximately $97,372,000. S&CO Inc. bought a new position in PayPal in the second quarter valued at approximately $18,827,000. Finally, Swiss National Bank raised its position in PayPal by 4.9% during the first quarter. Swiss National Bank now owns 2,608,600 shares of the credit services provider's stock valued at $117,987,000 after purchasing an additional 121,400 shares in the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently commented on PYPL. Mizuho increased their price objective on shares of PayPal from $50.00 to $60.00 and gave the company a "neutral" rating in a research note on Wednesday, July 29th. William Blair reiterated a "market perform" rating on shares of PayPal in a research note on Wednesday, July 15th. Piper Sandler raised their price objective on PayPal from $42.00 to $59.00 and gave the company a "neutral" rating in a report on Monday, August 17th. The Goldman Sachs Group set a $50.00 target price on PayPal in a report on Tuesday, July 28th. Finally, Jefferies Financial Group raised PayPal from a "hold" rating to a "buy" rating in a research note on Tuesday, July 28th. Nine analysts have rated the stock with a Buy rating, thirty-four have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $56.28.

Insider Buying and Selling at PayPal

In other news, insider Suzan Kereere sold 4,162 shares of the firm's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $60.96, for a total transaction of $253,715.52. Following the completion of the transaction, the insider directly owned 30,983 shares in the company, valued at $1,888,723.68. This trade represents a 11.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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, July 29th. The stock was sold at an average price of $58.10, for a total value of $77,679.70. Following the completion of the transaction, the chief accounting officer directly owned 2,216 shares in the company, valued at approximately $128,749.60. This represents a 37.63% 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. In the last quarter, insiders have sold 14,774 shares of company stock worth $738,249. Insiders own 0.63% of the company's stock.

PayPal Price Performance

Shares of NASDAQ:PYPL opened at $61.55 on Friday. The firm has a market cap of $52.65 billion, a PE ratio of 11.64, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30. The firm's fifty day moving average is $52.13 and its 200-day moving average is $47.51. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.29 and a current ratio of 1.29. PayPal Holdings, Inc. has a 52 week low of $38.46 and a 52 week high of $79.21.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.10. The company had revenue of $8.68 billion for the quarter, compared to analysts' expectations of $8.47 billion. PayPal had a net margin of 14.36% and a return on equity of 24.39%. PayPal's revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.40 earnings per share. Sell-side analysts predict that PayPal Holdings, Inc. will post 5.38 earnings per share for the current year.

PayPal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, September 4th. PayPal's payout ratio is 10.59%.

Key Headlines Impacting PayPal

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 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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