Allspring Global Investments Holdings LLC Sells 65,128 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Allspring Global Investments cut its PayPal stake by 61.7% in Q4, selling 65,128 shares and retaining 40,443 shares worth about $2.35 million.
• PayPal faces mixed catalysts: a new partnership with Meta could boost transaction volume, but a recent cybersecurity incident and multiple securities‑fraud class actions pose near‑term trust and legal risks.
• Insiders sold roughly 87,608 shares last quarter (including EVP Frank Keller’s 29,581‑share sale), while analysts’ consensus is a Hold with an average target of $57.41 and Citigroup’s neutral $48 target.

Allspring Global Investments Holdings LLC lowered its holdings in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 61.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,443 shares of the credit services provider's stock after selling 65,128 shares during the quarter. Allspring Global Investments Holdings LLC's holdings in PayPal were worth $2,351,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of PYPL. Kelleher Financial Advisors bought a new stake in shares of PayPal in the 3rd quarter worth about $30,000. Cloud Capital Management LLC bought a new stake in shares of PayPal in the 3rd quarter worth about $30,000. Total Investment Management Inc. bought a new stake in shares of PayPal in the 2nd quarter worth about $38,000. True Wealth Design LLC lifted its holdings in shares of PayPal by 285.3% in the 3rd quarter. True Wealth Design LLC now owns 524 shares of the credit services provider's stock worth $35,000 after acquiring an additional 388 shares during the last quarter. Finally, Dagco Inc. lifted its holdings in shares of PayPal by 1,250.0% in the 3rd quarter. Dagco Inc. now owns 540 shares of the credit services provider's stock worth $36,000 after acquiring an additional 500 shares during the last quarter. Institutional investors own 68.32% of the company's stock.

PayPal News Summary

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Meta’s expanding social‑commerce and AI ad efforts include a new PayPal one‑tap shopping/integrated payments partnership, which could boost transaction volume and merchant integrations for PYPL. Meta Platforms Gains 4%: Strong Ad Revenue Growth and PayPal Partnership Put the Stock Back in Focus
• Neutral Sentiment: Citigroup raised PayPal’s price target to $48 (from $42) but kept a "neutral" rating — a modest vote of confidence that implies limited near‑term upside from current levels. Citigroup Adjusts Price Target on PayPal to $48 from $42, Maintains Neutral Rating
• Neutral Sentiment: Analyst/market commentary is re‑examining PayPal after a prolonged share slump; these pieces frame PYPL as either a value opportunity or a structural risk, which can amplify volatility but don't change fundamentals immediately. Is It Time To Reassess PayPal (PYPL) After Its Prolonged Share Price Slump?
• Negative Sentiment: PayPal disclosed a cybersecurity incident involving unauthorized transactions and refunds to affected customers — a near‑term hit to trust and potential remediation costs that can pressure merchant and user activity. PayPal Cybersecurity Incident Tests Platform Resilience And Investor Valuation Case
• Negative Sentiment: A wave of securities‑fraud class action notices and lawsuits has been filed or publicized, with multiple firms reminding investors of April 20 deadlines — legal exposure and discovery costs could be material if suits proceed. PYPL CLASS ACTION NOTICE: Faruqi & Faruqi, LLP Reminds PayPal (PYPL) Investors of Securities Class Action Deadline

PayPal Trading Up 2.2%

NASDAQ PYPL opened at $45.85 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.29 and a current ratio of 1.29. The company has a market capitalization of $42.21 billion, a price-to-earnings ratio of 8.48, a price-to-earnings-growth ratio of 1.35 and a beta of 1.40. The company's 50-day simple moving average is $44.56 and its two-hundred day simple moving average is $56.80. PayPal Holdings, Inc. has a one year low of $38.46 and a one year high of $79.50.

PayPal (NASDAQ:PYPL - Get Free Report) last posted its earnings results on Tuesday, February 3rd. The credit services provider reported $1.23 EPS for the quarter, missing analysts' consensus estimates of $1.29 by ($0.06). The business had revenue of $8.68 billion for the quarter, compared to analysts' expectations of $8.82 billion. PayPal had a net margin of 15.77% and a return on equity of 25.42%. The company's revenue for the quarter was up 4.0% on a year-over-year basis. During the same period last year, the business posted $1.19 EPS. Equities analysts forecast that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $0.56 dividend on an annualized basis and a yield of 1.2%. PayPal's dividend payout ratio (DPR) is 10.35%.

Insider Buying and Selling at PayPal

In other news, EVP Frank Keller sold 29,581 shares of PayPal stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $46.02, for a total value of $1,361,317.62. Following the transaction, the executive vice president owned 51,567 shares of the company's stock, valued at $2,373,113.34. The trade was a 36.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Chris Natali sold 2,208 shares of PayPal stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $44.73, for a total transaction of $98,763.84. Following the completion of the transaction, the chief accounting officer directly owned 1,140 shares in the company, valued at approximately $50,992.20. The trade was a 65.95% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 87,608 shares of company stock valued at $3,831,535. Company insiders own 0.08% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on PYPL shares. Needham & Company LLC restated a "hold" rating on shares of PayPal in a report on Tuesday, February 3rd. Weiss Ratings restated a "hold (c)" rating on shares of PayPal in a report on Thursday, January 22nd. Truist Financial lowered their target price on shares of PayPal from $58.00 to $39.00 and set a "sell" rating for the company in a report on Tuesday, February 10th. Wells Fargo & Company lowered their target price on shares of PayPal from $67.00 to $48.00 and set an "equal weight" rating for the company in a report on Wednesday, February 4th. Finally, Loop Capital started coverage on shares of PayPal in a report on Tuesday, March 31st. They issued a "hold" rating and a $46.00 target price for the company. Eight research analysts have rated the stock with a Buy rating, thirty-one have given a Hold rating and six have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $57.41.

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.

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).

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.