Greenwood Capital Associates LLC Takes Position in PayPal Holdings, Inc. $PYPL

Key Points

• Greenwood Capital Associates disclosed a new first-quarter stake in PayPal, buying 51,678 shares valued at about $2.34 million.
• Institutional ownership in PayPal remains high at 68.32%, while insiders have been selling shares; over the last 90 days, insiders sold 20,612 shares worth about $966,623.
• Analyst sentiment is mixed, with a consensus rating of Hold and an average price target of $53.72; meanwhile, PayPal’s latest quarterly results beat expectations on both earnings and revenue.

Greenwood Capital Associates LLC purchased a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 51,678 shares of the credit services provider's stock, valued at approximately $2,337,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bard Associates Inc. purchased a new stake in shares of PayPal during the fourth quarter worth about $25,000. Kelleher Financial Advisors purchased a new position in PayPal in the third quarter valued at about $30,000. Caitong International Asset Management Co. Ltd grew its stake in PayPal by 15,233.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 460 shares of the credit services provider's stock valued at $27,000 after purchasing an additional 457 shares in the last quarter. Safe Harbor Fiduciary LLC acquired a new stake in PayPal during the 4th quarter valued at approximately $28,000. Finally, Advocate Investing Services LLC purchased a new stake in PayPal during the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 68.32% of the company's stock.

Insider Buying and Selling

In other news, insider Suzan Kereere sold 3,379 shares of the business's stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $42.79, for a total transaction of $144,587.41. Following the completion of the transaction, the insider owned 30,983 shares of the company's stock, valued at approximately $1,325,762.57. The trade was a 9.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Frank Keller sold 4,612 shares of the stock in a transaction dated 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 in the company, valued at approximately $1,768,260.18. This trade represents a 9.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 20,612 shares of company stock valued at $966,623. Insiders own 0.63% of the company's stock.

Analysts Set New Price Targets

PYPL has been the subject of several research analyst reports. Truist Financial reduced their target price on PayPal from $45.00 to $44.00 and set a "sell" rating for the company in a research note on Tuesday, May 12th. Daiwa Securities Group upgraded shares of PayPal from a "hold" rating to an "outperform" rating in a research note on Wednesday, May 6th. Cantor Fitzgerald upped their price target on shares of PayPal from $42.00 to $54.00 and gave the company a "neutral" rating in a report on Tuesday, May 5th. Citigroup increased their price objective on shares of PayPal from $42.00 to $48.00 and gave the company a "neutral" rating in a research note on Wednesday, April 8th. Finally, The Goldman Sachs Group raised their price objective on shares of PayPal from $40.00 to $41.00 and gave the stock a "sell" rating in a report on Monday, June 29th. Seven equities research analysts have rated the stock with a Buy rating, thirty-two have assigned a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $53.72.

Key PayPal News

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal is leaning harder into buy now, pay later (BNPL) as part of its checkout strategy, with reports suggesting the service could help lift conversion rates and increase basket sizes for merchants. PayPal (PYPL) Is Making BNPL A Bigger Part Of Checkout Growth
• Positive Sentiment: Management is also highlighting an AI-driven savings target of $1.5 billion, which could free up capital for investment in checkout, Venmo, and platform improvements while potentially supporting longer-term earnings growth. PayPal AI Push: Will $1.5B Savings Drive Faster Growth Ahead?
• Neutral Sentiment: Recent articles note that investors are closely watching PayPal because the stock remains cheap relative to peers and has drawn renewed market interest, but the broader thesis is still dependent on execution. Investors Heavily Search PayPal Holdings, Inc. (PYPL): Here is What You Need to Know
• Negative Sentiment: Analyst coverage is still mixed, and at least one recent initiation came in on a bearish note, reflecting ongoing concern about PayPal’s growth outlook and competitive position. This PayPal Analyst Begins Coverage On A Bearish Note; Here Are Top 5 Initiations For Wednesday
• Negative Sentiment: Some commentary also points to a cautious 2026 outlook and compares PayPal unfavorably with stronger fintech peers, which may be limiting enthusiasm despite the valuation appeal. Mastercard Vs. Paypal: The Argument Over Which Undervalued Fintech To Buy Has a Clear Cut Answer

PayPal Stock Performance

PYPL stock opened at $44.53 on Thursday. The stock's 50 day simple moving average is $44.19 and its 200 day simple moving average is $47.59. PayPal Holdings, Inc. has a 12-month low of $38.46 and a 12-month high of $79.50. The firm has a market cap of $39.28 billion, a P/E ratio of 8.35, a P/E/G ratio of 1.14 and a beta of 1.33. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.47.

PayPal (NASDAQ:PYPL - Get Free Report) last released its earnings results on Tuesday, May 5th. The credit services provider reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.07. PayPal had a net margin of 15.00% and a return on equity of 25.02%. The firm had revenue of $8.35 billion during the quarter, compared to analyst estimates of $8.05 billion. During the same quarter in the previous year, the firm earned $1.33 earnings per share. The firm's revenue for the quarter was up 7.2% compared to the same quarter last year. As a group, equities research analysts predict that PayPal Holdings, Inc. will post 5.32 EPS for the current year.

PayPal Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Thursday, June 4th. PayPal's dividend payout ratio is presently 10.51%.

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.

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