Beacon Pointe Advisors LLC Takes $6.47 Million Position in PayPal Holdings, Inc. $PYPL

Key Points

• Beacon Pointe Advisors acquired 149,879 PayPal shares in the second quarter, establishing a position valued at approximately $6.47 million. Institutional investors collectively own 68.32% of PayPal.
• PayPal recently exceeded quarterly earnings and revenue expectations, reporting $1.38 in EPS and $8.68 billion in revenue, though EPS declined year over year and revenue growth was 4.8%.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and a $56.14 target price. Investors are now focused on PayPal’s standalone turnaround after takeover speculation faded, while insiders sold $738,249 of stock during the last quarter.

Beacon Pointe Advisors LLC acquired a new position in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 149,879 shares of the credit services provider's stock, valued at approximately $6,472,000.

Other large investors have also modified their holdings of the company. Bard Associates Inc. bought a new stake in PayPal during the fourth quarter valued at about $25,000. Kelleher Financial Advisors purchased a new position in shares of PayPal in the 3rd quarter worth approximately $30,000. Caitong International Asset Management Co. Ltd lifted its position in PayPal by 15,233.3% during 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 stake in PayPal in the fourth quarter valued at approximately $28,000. Finally, Advocate Investing Services LLC acquired a new position in shares of PayPal during the fourth quarter worth $30,000. Institutional investors own 68.32% of the company's stock.

Insider Activity at PayPal

In other PayPal news, insider Frank Keller sold 4,612 shares of the 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 sale, the insider directly owned 41,567 shares of the company's stock, valued at approximately $1,768,260.18. This trade represents a 9.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 the firm's stock in a transaction 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 sale, the chief accounting officer owned 2,216 shares in the company, valued at $128,749.60. This trade represents a 37.63% decrease in their position. 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 14,774 shares of company stock worth $738,249 in the last quarter. Company insiders own 0.63% of the company's stock.

Key Headlines Impacting PayPal

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

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on PYPL shares. Mizuho set a $51.00 target price on PayPal in a research note on Friday. Barclays upped their price objective on shares of PayPal from $55.00 to $57.00 and gave the company an "equal weight" rating in a report on Wednesday, July 29th. BNP Paribas Exane raised their price target on shares of PayPal from $43.50 to $52.00 and gave the stock a "neutral" rating in a report on Tuesday, July 21st. Daiwa Securities Group raised shares of PayPal from a "hold" rating to an "outperform" rating in a report on Wednesday, May 6th. Finally, UBS Group set a $45.00 price objective on PayPal in a report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating, thirty-four have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, PayPal presently has a consensus rating of "Hold" and a consensus target price of $56.14.

PayPal Stock Performance

Shares of PYPL stock opened at $53.66 on Friday. The stock's 50-day moving average is $53.88 and its two-hundred day moving average is $48.11. 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 1 year low of $38.46 and a 1 year high of $79.21. The firm has a market cap of $45.90 billion, a price-to-earnings ratio of 10.14, a PEG ratio of 1.31 and a beta of 1.30.

PayPal (NASDAQ:PYPL - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $8.47 billion. During the same quarter last year, the business posted $1.40 EPS. The firm's quarterly revenue was up 4.8% compared to the same quarter last year. Analysts predict that PayPal Holdings, Inc. will post 5.38 earnings per share for the current year.

PayPal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.0%. PayPal's dividend payout ratio (DPR) is currently 10.59%.

About PayPal

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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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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