Westbourne Investment Advisors Inc. Buys New Position in PayPal Holdings, Inc. $PYPL

Westbourne Investment Advisors Inc. bought a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,900 shares of the credit services provider’s stock, valued at approximately $216,000.

Several other institutional investors have also added to or reduced their stakes in the business. STF Management LP boosted its stake in shares of PayPal by 2.5% during the 2nd quarter. STF Management LP now owns 15,799 shares of the credit services provider’s stock worth $1,174,000 after acquiring an additional 380 shares during the last quarter. Boston Partners purchased a new stake in shares of PayPal in the 2nd quarter worth $939,000. S&CO Inc. raised its holdings in PayPal by 21.9% in the 2nd quarter. S&CO Inc. now owns 228,104 shares of the credit services provider’s stock worth $16,952,000 after purchasing an additional 40,985 shares during the period. Vise Technologies Inc. purchased a new position in PayPal during the second quarter valued at $1,452,000. Finally, Alpha Cubed Investments LLC lifted its position in PayPal by 16.0% during the second quarter. Alpha Cubed Investments LLC now owns 4,330 shares of the credit services provider’s stock valued at $322,000 after purchasing an additional 598 shares in the last quarter. 68.32% of the stock is currently owned by institutional investors.

Insider Transactions at PayPal

In other PayPal news, CAO Chris Natali sold 1,374 shares of PayPal stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $69.13, for a total value of $94,984.62. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Suzan Kereere sold 12,500 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $68.87, for a total value of $860,875.00. Following the sale, the insider directly owned 30,983 shares in the company, valued at $2,133,799.21. This trade represents a 28.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 26,874 shares of company stock valued at $1,856,968. 0.08% of the stock is currently owned by insiders.

PayPal Trading Up 0.0%

PayPal stock opened at $66.25 on Tuesday. PayPal Holdings, Inc. has a 1 year low of $55.85 and a 1 year high of $93.66. The firm’s 50 day moving average price is $68.69 and its 200-day moving average price is $70.43. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34. The stock has a market cap of $61.99 billion, a P/E ratio of 13.28, a PEG ratio of 0.98 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last issued its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. The firm had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. PayPal’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. On average, equities analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, November 19th.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on PYPL. Seaport Res Ptn upgraded PayPal from a “strong sell” rating to a “hold” rating in a research report on Monday, July 14th. Cowen reiterated a “mixed” rating on shares of PayPal in a research note on Wednesday, October 29th. Jefferies Financial Group increased their target price on shares of PayPal from $70.00 to $75.00 and gave the stock a “hold” rating in a report on Wednesday, October 29th. Citigroup upgraded shares of PayPal to a “hold” rating in a research note on Thursday, October 23rd. Finally, Royal Bank Of Canada upped their price target on shares of PayPal from $88.00 to $91.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 28th. Fifteen research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $82.94.

PayPal Profile

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.