PayPal Holdings, Inc. $PYPL Shares Sold by Glenmede Trust Co. NA

Key Points

• Glenmede Trust Co. NA cut its PayPal stake by 50.1% in the first quarter, selling 228,051 shares and retaining 227,344 shares valued at approximately $10.3 million.
• PayPal’s latest quarterly results exceeded expectations, with adjusted EPS of $1.38 and revenue of $8.68 billion; management also raised its full-year outlook, citing stronger branded checkout, Venmo growth and cost savings.
• Despite improved results and several higher analyst price targets, sentiment remains cautious: the consensus rating is Hold, with a $55.50 price target, while investors continue to monitor slower growth, margin pressure and execution risks.

Glenmede Trust Co. NA lowered its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) by 50.1% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 227,344 shares of the credit services provider's stock after selling 228,051 shares during the period. Glenmede Trust Co. NA's holdings in PayPal were worth $10,283,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Axiom Investment Management LLC purchased a new position in shares of PayPal during the 1st quarter valued at approximately $42,000. Summitry LLC bought a new stake in shares of PayPal in the first quarter worth $257,000. WNY Asset Management LLC acquired a new stake in PayPal in the first quarter valued at $446,000. CTC Alternative Strategies Ltd. raised its holdings in PayPal by 19.1% in the first quarter. CTC Alternative Strategies Ltd. now owns 6,100 shares of the credit services provider's stock valued at $276,000 after acquiring an additional 980 shares in the last quarter. Finally, Front Street Capital Management Inc. boosted its stake in PayPal by 9.7% during the 1st quarter. Front Street Capital Management Inc. now owns 14,757 shares of the credit services provider's stock valued at $667,000 after acquiring an additional 1,306 shares during the last quarter. Institutional investors and hedge funds own 68.32% of the company's stock.

Key Headlines Impacting PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal’s second-quarter results exceeded expectations, with adjusted earnings per share of $1.38 versus the $1.28 consensus and revenue of $8.68 billion versus $8.47 billion expected. Management also raised its full-year outlook, citing improving branded checkout, Venmo expansion and cost savings. PayPal Shares Pause as Raised Guidance Validates Turnaround Narrative
• Positive Sentiment: Several analysts raised their price targets following the earnings report, including JPMorgan, TD Cowen, Citigroup and Keefe, Bruyette & Woods. The targets—ranging from the mid-$50s to $70—suggest some analysts see additional upside if PayPal sustains its operational improvements. JPMorgan Analyst Says PayPal Stock Could Rise
• Positive Sentiment: Value-focused commentary highlights PYPL’s relatively low earnings multiple, arguing that the valuation could provide support if the company converts its stronger guidance into consistent growth. PayPal: A Steal At Less Than 10x Earnings
• Neutral Sentiment: Analyst opinion remains mixed. Canaccord Genuity maintained a hold rating, while Wells Fargo increased its target to $56 but kept an equal-weight rating. The broader brokerage consensus remains “hold,” reflecting improved results but limited confidence in PayPal’s longer-term growth trajectory. Canaccord Gives PayPal a Hold Rating
• Neutral Sentiment: Speculation about takeover interest, including a reported bid involving Stripe and Advent International, could support valuation, but no transaction is confirmed and investors remain focused on PayPal’s standalone turnaround. Is Takeout Target PayPal a Buy?
• Negative Sentiment: Bearish analysis says PayPal’s substantial share-repurchase program has not translated into sustained stock-price gains, underscoring skepticism about capital allocation and the company’s growth prospects. PayPal’s $17 Billion Bet Against Wall Street
• Negative Sentiment: Investors continue to monitor margin pressure, branded-checkout execution and PayPal’s slower growth relative to major payments peers. Two insiders also sold shares under pre-arranged Rule 10b5-1 plans; the sales are relatively small but may add modest near-term caution. PayPal Insider Selling

Analyst Ratings Changes

PYPL has been the subject of several recent analyst reports. Bank of America decreased their price objective on shares of PayPal from $55.00 to $53.00 and set a "neutral" rating for the company in a report on Wednesday, May 6th. The Goldman Sachs Group set a $50.00 target price on shares of PayPal in a research note on Tuesday, July 28th. Mizuho increased their price target on shares of PayPal from $50.00 to $60.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 29th. Robert W. Baird lifted their price target on PayPal from $50.00 to $57.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 29th. Finally, Argus set a $70.00 price target on PayPal in a research note on Wednesday. Nine analysts have rated the stock with a Buy rating, thirty-four have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $55.50.

PayPal Stock Performance

NASDAQ PYPL opened at $57.21 on Monday. 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 one year low of $38.46 and a one year high of $79.21. The company has a 50-day simple moving average of $47.03 and a 200-day simple moving average of $47.02. The firm has a market capitalization of $48.94 billion, a PE ratio of 10.81, a price-to-earnings-growth ratio of 1.42 and a beta of 1.33.

PayPal (NASDAQ:PYPL - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The credit services provider reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.10. PayPal had a net margin of 14.36% and a return on equity of 24.39%. The firm had revenue of $8.68 billion for the quarter, compared to analyst estimates of $8.47 billion. During the same quarter in the prior year, the business earned $1.40 earnings per share. PayPal's quarterly revenue was up 4.8% on a year-over-year basis. On average, equities analysts forecast that PayPal Holdings, Inc. will post 5.35 earnings per share for the current year.

PayPal Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders 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 annualized dividend and a dividend yield of 1.0%. PayPal's dividend payout ratio is 10.59%.

Insider Activity

In other news, CAO Chris Natali sold 1,337 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $58.10, for a total transaction of $77,679.70. Following the sale, the chief accounting officer directly owned 2,216 shares in the company, valued at approximately $128,749.60. This represents a 37.63% decrease in their position. The sale was disclosed in a document filed 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, insider Frank Keller sold 4,612 shares of the firm's stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $42.54, for a total value 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 10,612 shares of company stock valued at $484,534. 0.63% of the stock is currently owned by insiders.

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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