Platform Wealth Management LLC Buys New Stake in PayPal Holdings, Inc. $PYPL

Key Points

• Platform Wealth Management LLC disclosed a new fourth-quarter stake in PayPal, buying 24,948 shares valued at about $1.46 million.
• Institutional interest in PayPal remains high, with major holders like Vanguard, Capital Research, and Norges Bank increasing or initiating positions; 68.32% of the stock is owned by institutions and hedge funds.
• PayPal reported stronger-than-expected quarterly results, with EPS of $1.34 and revenue of $8.35 billion, while analysts currently have a consensus “Hold” rating and an average price target of $55.85.

Platform Wealth Management LLC bought a new stake in PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 24,948 shares of the credit services provider's stock, valued at approximately $1,456,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its stake in PayPal by 6.5% in the 4th quarter. Vanguard Group Inc. now owns 90,376,927 shares of the credit services provider's stock valued at $5,276,205,000 after buying an additional 5,534,462 shares during the last quarter. Capital Research Global Investors grew its stake in PayPal by 2.3% in the 3rd quarter. Capital Research Global Investors now owns 27,953,803 shares of the credit services provider's stock valued at $1,874,637,000 after buying an additional 636,441 shares during the last quarter. Norges Bank acquired a new position in PayPal in the 4th quarter valued at $949,758,000. Invesco Ltd. grew its position in PayPal by 10.9% in the 3rd quarter. Invesco Ltd. now owns 11,131,949 shares of the credit services provider's stock worth $746,508,000 after purchasing an additional 1,093,365 shares during the last quarter. Finally, Amundi grew its position in PayPal by 1.6% in the 3rd quarter. Amundi now owns 8,493,311 shares of the credit services provider's stock worth $605,488,000 after purchasing an additional 132,837 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Frank Keller sold 10,732 shares of PayPal stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $49.96, for a total transaction of $536,170.72. Following the sale, the insider directly owned 41,567 shares in the company, valued at approximately $2,076,687.32. The trade was a 20.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 PayPal stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $49.46, for a total transaction of $66,128.02. Following the transaction, the chief accounting officer directly owned 1,586 shares of the company's stock, valued at $78,443.56. This represents a 45.74% decrease in their ownership of the stock. 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. 0.63% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Argus decreased their price target on shares of PayPal from $87.00 to $65.00 and set a "buy" rating on the stock in a research report on Friday, February 6th. Loop Capital assumed coverage on shares of PayPal in a research report on Tuesday, March 31st. They issued a "hold" rating and a $46.00 price target on the stock. Royal Bank Of Canada restated an "outperform" rating and issued a $59.00 price target on shares of PayPal in a research report on Wednesday, May 6th. Bank of America decreased their price target on shares of PayPal from $55.00 to $53.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 6th. Finally, Zacks Research upgraded shares of PayPal from a "strong sell" rating to a "hold" rating in a research report on Friday, April 17th. Eight investment analysts have rated the stock with a Buy rating, thirty-two have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $55.85.

Trending Headlines about PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: PayPal is pushing deeper into AI-driven commerce through a new partnership with Hey Savi and Debenhams Group, positioning its payments tools inside an “agentic commerce” shopping experience that could help support future transaction volume. PayPal Bets On AI Agentic Commerce With Hey Savi And Debenhams
• Positive Sentiment: Some analysts and commentators are arguing PayPal may be undervalued after the selloff, with bullish takes highlighting the stock’s low earnings multiple and potential upside if the company’s operational reset succeeds. Is PayPal the Ultimate Asymmetric Fintech Bet at 8x Earnings?
• Neutral Sentiment: PayPal remains a heavily watched stock, with investor attention elevated and some recent coverage pointing to a possible turnaround if management can execute its reset. Investors Heavily Search PayPal Holdings, Inc. (PYPL): Here is What You Need to Know
• Neutral Sentiment: Michael Burry’s reported interest in PayPal has added to the debate around the stock, but it is more a sentiment signal than a direct business catalyst. Michael Burry Bets On PayPal Stock As It Trades Over 80% Down From 2021 Highs
• Negative Sentiment: Reports that PayPal froze Kenyan accounts over money-laundering concerns could hurt perception of the platform, especially in international markets where trust and access are critical. PayPal (PYPL) Locks Kenyans Out of Their Accounts Over Money Laundering Fears
• Negative Sentiment: Investor focus is still on leadership changes, margin pressure, and execution risk in PayPal’s operating reset, which helps explain the stock’s recent weakness. PayPal slides 4.3% as investors weigh leadership shakeup and ongoing margin concerns
• Negative Sentiment: PayPal is also being compared unfavorably with peers and the broader financial services sector, reflecting cautious analyst sentiment and uncertainty about near-term upside. PayPal Stock: Is PYPL Underperforming the Financial Services Sector?

PayPal Price Performance

Shares of PayPal stock opened at $42.61 on Thursday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.26 and a current ratio of 1.26. The firm's 50-day simple moving average is $46.30 and its 200-day simple moving average is $50.80. PayPal Holdings, Inc. has a twelve month low of $38.46 and a twelve month high of $79.50. The firm has a market cap of $37.59 billion, a P/E ratio of 7.99, a price-to-earnings-growth ratio of 1.11 and a beta of 1.34.

PayPal (NASDAQ:PYPL - Get Free Report) last issued 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 business had revenue of $8.35 billion for the quarter, compared to analyst estimates of $8.05 billion. During the same period in the previous year, the business earned $1.33 EPS. The firm's revenue was up 7.2% on a year-over-year basis. As a group, research analysts expect that PayPal Holdings, Inc. will post 5.3 EPS for the current fiscal year.

PayPal Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, June 4th. PayPal's payout ratio is 10.51%.

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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