Glenmede Investment Management LP Sells 43,537 Shares of PayPal Holdings, Inc. $PYPL

Key Points

• Glenmede Investment Management trimmed its PayPal stake by 7.2%, selling 43,537 shares to leave it with 557,335 shares valued at about $37.4 million (≈0.06% ownership).
• Analyst sentiment has weakened to a consensus Hold (consensus target $59.03) after several firms cut price targets and PayPal missed quarterly estimates (EPS $1.23 vs. $1.29; revenue also missed).
• Risk factors are rising as insiders have sold significant stock (87,608 shares in the last 90 days) and multiple securities class-action lawsuits have been filed, increasing legal and execution uncertainty.

Glenmede Investment Management LP trimmed its stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 7.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 557,335 shares of the credit services provider's stock after selling 43,537 shares during the period. Glenmede Investment Management LP owned approximately 0.06% of PayPal worth $37,375,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PYPL. Cloud Capital Management LLC purchased a new stake in PayPal during the 3rd quarter valued at $30,000. True Wealth Design LLC lifted its holdings in shares of PayPal by 285.3% during the 3rd quarter. True Wealth Design LLC now owns 524 shares of the credit services provider's stock valued at $35,000 after buying an additional 388 shares during the period. VSM Wealth Advisory LLC purchased a new position in shares of PayPal in the 2nd quarter worth $36,000. Dagco Inc. grew its holdings in shares of PayPal by 1,250.0% in the third 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 period. Finally, Total Investment Management Inc. bought a new stake in shares of PayPal in the second quarter worth $38,000. Institutional investors own 68.32% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Canaccord Genuity Group reissued a "hold" rating and issued a $42.00 target price (down from $100.00) on shares of PayPal in a report on Wednesday, February 4th. UBS Group restated a "neutral" rating and set a $44.00 price target on shares of PayPal in a research note on Wednesday, February 4th. HSBC lowered shares of PayPal from a "buy" rating to a "hold" rating and set a $47.00 price target for the company. in a research report on Wednesday, February 4th. Susquehanna dropped their price objective on shares of PayPal from $90.00 to $63.00 and set a "positive" rating on the stock in a report on Wednesday, February 4th. Finally, Raymond James Financial restated a "market perform" rating on shares of PayPal in a research report on Monday, February 23rd. Eight analysts have rated the stock with a Buy rating, thirty-one have given a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $59.03.

PayPal Price Performance

Shares of NASDAQ:PYPL opened at $44.90 on Friday. The company has a market capitalization of $41.34 billion, a P/E ratio of 8.30, a P/E/G ratio of 1.32 and a beta of 1.43. PayPal Holdings, Inc. has a 1-year low of $38.46 and a 1-year high of $79.50. The firm's 50 day simple moving average is $48.91 and its two-hundred day simple moving average is $59.82. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.29 and a quick ratio of 1.29.

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

PayPal Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Wednesday, March 4th. PayPal's dividend payout ratio is presently 10.35%.

Insider Buying and Selling at PayPal

In other news, insider Suzan Kereere sold 13,515 shares of the company's stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $46.02, for a total value of $621,960.30. Following the completion of the transaction, the insider owned 30,983 shares of the company's stock, valued at $1,425,837.66. This represents a 30.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Chris Natali sold 2,208 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $44.73, for a total value of $98,763.84. Following the sale, the chief accounting officer owned 1,140 shares of the company's stock, valued at $50,992.20. This represents a 65.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 87,608 shares of company stock valued at $3,831,535 over the last ninety days. 0.08% of the stock is currently owned by company insiders.

Key Stories Impacting PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal has been included in Mastercard’s new crypto partner program alongside firms like Binance and Ripple, which supports its PYUSD/stablecoin and payments roadmap and could help revenue diversification if partnerships scale. Binance, Ripple, PayPal join Mastercard's 85+ partner crypto initiative
• Positive Sentiment: Valuation looks attractive to some investors and analysts: recent coverage highlights a low P/E and price targets above current levels, which can attract value buyers if execution stabilizes. Why PayPal’s Rally Faded—And What Could Restart It
• Neutral Sentiment: Macro and crypto market moves are creating mixed flows: regulatory alignment between the CFTC and SEC and episodic crypto volatility are shaping sentiment for payments/crypto plays like PayPal. This is a backdrop rather than an immediate company-specific catalyst. Crypto Currents: CFTC affirms crypto oversight alignment with SEC
• Negative Sentiment: Multiple securities class-action filings and numerous law‑firm alerts allege PayPal misled investors about growth and guidance (class period cited Feb 25, 2025–Feb 2, 2026). Firms are soliciting lead‑plaintiff motions with an April 20, 2026 deadline — this litigation wave increases legal risk, potential costs, and investor uncertainty. PayPal Holdings (PYPL) Faces Securities Class Action Amid $9 Billion Market Cap Wipeout, CEO Departure -- Hagens Berman
• Negative Sentiment: Competition and management turnover remain immediate execution risks: coverage notes weak Feb results, cautious guidance, and the CEO departure — all drivers behind the recent selloff and continued skepticism until clear operational improvement is shown. Why PayPal’s Rally Faded—And What Could Restart It
• Negative Sentiment: High-profile commentary suggests competitive pressure from other payment/fintech platforms and actions by industry figures (e.g., Elon Musk) could further compress PayPal’s growth in key consumer/payment corridors. Elon Musk just made things uncomfortable for PayPal and Cash App

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.