Cetera Investment Advisers Sells 34,831 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Cetera Investment Advisers cut its PayPal stake by 16.5%, selling 34,831 shares and leaving the firm with 176,294 shares worth about $13.10 million per its latest 13F filing.
• Insiders have been net sellers recently — CAO Chris Natali sold 1,374 shares and Suzan Kereere sold 12,500 shares, with insiders selling 31,994 shares (~$2.18M) in the past 90 days and now owning just 0.08% of the company.
• PayPal beat quarterly expectations with $1.34 EPS vs. $1.20 expected and $8.42B revenue, provided Q4 and FY2025 EPS guidance, and announced a $0.14 quarterly dividend (annualized $0.56, ~0.9% yield).

Cetera Investment Advisers cut its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 16.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 176,294 shares of the credit services provider's stock after selling 34,831 shares during the period. Cetera Investment Advisers' holdings in PayPal were worth $13,102,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of PYPL. Hilltop National Bank bought a new position in PayPal in the 2nd quarter worth $27,000. MUFG Securities EMEA plc increased its position in PayPal by 100.4% in the second quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider's stock worth $29,000 after buying an additional 87,524 shares in the last quarter. Evermay Wealth Management LLC raised its stake in shares of PayPal by 726.0% in the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock worth $27,000 after buying an additional 363 shares during the period. Gordian Capital Singapore Pte Ltd lifted its position in shares of PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock valued at $31,000 after buying an additional 138 shares in the last quarter. Finally, American National Bank & Trust grew its stake in shares of PayPal by 52.5% during the 2nd quarter. American National Bank & Trust now owns 610 shares of the credit services provider's stock valued at $45,000 after acquiring an additional 210 shares during the period. Hedge funds and other institutional investors own 68.32% of the company's stock.

Insider Buying and Selling at PayPal

In other PayPal news, CAO Chris Natali sold 1,374 shares of the stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Suzan Kereere sold 12,500 shares of the business's stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $68.87, for a total transaction of $860,875.00. Following the completion of the sale, the insider owned 30,983 shares in the company, valued at approximately $2,133,799.21. This trade represents a 28.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 31,994 shares of company stock worth $2,183,470 in the last ninety days. Company insiders own 0.08% of the company's stock.

PayPal Trading Down 1.0%

Shares of PYPL stock opened at $60.11 on Thursday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $56.24 billion, a price-to-earnings ratio of 12.05, a price-to-earnings-growth ratio of 0.82 and a beta of 1.45. PayPal Holdings, Inc. has a 12-month low of $55.85 and a 12-month high of $93.66. The stock's 50-day moving average price is $68.05 and its 200-day moving average price is $70.29.

PayPal (NASDAQ:PYPL - Get Free Report) last announced its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating analysts' consensus estimates of $1.20 by $0.14. The company had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The firm's revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Equities research analysts predict 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 will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.9%.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. KGI Securities decreased their target price on shares of PayPal from $85.00 to $80.00 in a research note on Monday, November 10th. Keefe, Bruyette & Woods raised their price objective on shares of PayPal from $85.00 to $90.00 and gave the company an "outperform" rating in a research report on Wednesday, October 29th. TD Cowen upped their target price on shares of PayPal from $75.00 to $80.00 and gave the stock a "hold" rating in a report on Wednesday, October 29th. Cowen reiterated a "mixed" rating on shares of PayPal in a research note on Wednesday, October 29th. Finally, Needham & Company LLC restated a "hold" rating on shares of PayPal in a research report on Tuesday, October 28th. Fifteen research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $82.56.

PayPal Company Profile

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.

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