Trust Co. of Vermont Purchases New Stake in PayPal Holdings, Inc. $PYPL

Trust Co. of Vermont acquired a new position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 20,891 shares of the credit services provider's stock, valued at approximately $902,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Bard Associates Inc. bought a new position in shares of PayPal during the fourth quarter worth about $25,000. Allied Private Wealth LLC acquired a new stake in PayPal during the second quarter valued at approximately $25,000. Robinswood Financial LLC acquired a new stake in PayPal during the first quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd lifted its holdings 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 worth $27,000 after buying an additional 457 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new position in PayPal during the 4th quarter worth approximately $28,000. Institutional investors own 68.32% of the company's stock.

Insider Buying and Selling

In other PayPal news, insider Frank Keller sold 732 shares of the company's stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $58.10, for a total value of $42,529.20. Following the completion of the transaction, the insider owned 41,567 shares in the company, valued at approximately $2,415,042.70. This represents a 1.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Chris Natali sold 1,337 shares of the firm's stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $58.10, for a total transaction of $77,679.70. Following the completion of the sale, the chief accounting officer owned 2,216 shares in the company, valued at $128,749.60. The trade was a 37.63% decrease in their position. 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. Insiders have sold a total of 10,612 shares of company stock valued at $484,534 in the last quarter. Company insiders own 0.63% of the company's stock.

PayPal Trading Down 0.1%

NASDAQ:PYPL opened at $60.43 on Wednesday. PayPal Holdings, Inc. has a 12-month low of $38.46 and a 12-month high of $79.21. The firm has a market capitalization of $51.70 billion, a P/E ratio of 11.42, a P/E/G ratio of 1.51 and a beta of 1.29. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.29 and a quick ratio of 1.29. The business has a 50 day simple moving average of $50.89 and a 200 day simple moving average of $47.29.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The credit services provider reported $1.38 EPS for the quarter, topping analysts' consensus estimates of $1.28 by $0.10. PayPal had a return on equity of 24.39% and a net margin of 14.36%.The firm had revenue of $8.68 billion during the quarter, compared to the consensus estimate of $8.47 billion. During the same period in the prior year, the business earned $1.40 EPS. The firm's revenue was up 4.8% on a year-over-year basis. Equities research analysts predict that PayPal Holdings, Inc. will post 5.37 EPS for the current year.

PayPal Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be given a dividend of $0.14 per share. The ex-dividend date is Friday, September 4th. This represents a $0.56 annualized dividend and a dividend yield of 0.9%. PayPal's dividend payout ratio is currently 10.59%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on PYPL. Citigroup boosted their price target on PayPal from $48.00 to $61.00 and gave the company a "neutral" rating in a report on Wednesday, July 29th. HSBC started coverage on shares of PayPal in a report on Friday, July 24th. They issued a "buy" rating for the company. The Goldman Sachs Group set a $50.00 target price on shares of PayPal in a research note on Tuesday, July 28th. Mizuho raised 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. Finally, Royal Bank Of Canada lifted their price target on shares of PayPal from $59.00 to $65.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. Nine research analysts have rated the stock with a Buy rating, thirty-four have given a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $56.19.

Trending Headlines about PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Takeover interest supports valuation. PayPal is reportedly in renewed sale discussions with a consortium involving Stripe and Advent International. The group previously submitted a bid of approximately $60.50 per share, while one analysis suggested a potential sale value of $70–$80 per share. PayPal reportedly in sale talks with consortium including Stripe and Advent PayPal Could Be Sold For $70-$80/Share
• Positive Sentiment: Analysts see potential beyond PayPal’s checkout business. Piper Sandler raised its price target by more than 40% to $59, citing value in PayPal’s broader platform, although it retained a Neutral rating. Piper Sandler sees value beyond checkout
• Positive Sentiment: Operating trends remain mixed but constructive. Recent coverage points to total payment volume and Venmo growth, while PayPal’s latest reported quarter exceeded consensus estimates for earnings and revenue. Should You Buy, Sell or Hold PayPal Stock
• Neutral Sentiment: BNPL weakness has not materially spread to PayPal. Klarna’s outlook reduction triggered a sharp selloff in its shares, but PayPal and Affirm were described as largely shrugging off the news, suggesting limited immediate read-through for PayPal. Klarna craters on guidance cut while Affirm and PayPal shrug it off
• Negative Sentiment: Core checkout growth and competition remain concerns. Analysts cautioned that weak checkout expansion and pressure from rivals could undermine the turnaround, tempering the bullish impact of takeover rumors. TikTok’s exploration of peer-to-peer payments also highlights growing competition for digital-payment activity. TikTok explores peer-to-peer payments via direct messages

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.

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.

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