Black Creek Investment Management Inc. raised its holdings in PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) by 18.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,753,212 shares of the credit services provider’s stock after purchasing an additional 427,581 shares during the quarter. PayPal comprises approximately 8.7% of Black Creek Investment Management Inc.’s portfolio, making the stock its 5th largest holding. Black Creek Investment Management Inc.’s holdings in PayPal were worth $184,630,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in PYPL. Wedmont Private Capital increased its position in PayPal by 1.6% in the 3rd quarter. Wedmont Private Capital now owns 9,157 shares of the credit services provider’s stock valued at $614,000 after acquiring an additional 142 shares during the period. Dakota Community Bank & Trust NA grew its stake in shares of PayPal by 8.7% in the 2nd quarter. Dakota Community Bank & Trust NA now owns 1,840 shares of the credit services provider’s stock valued at $137,000 after purchasing an additional 147 shares during the last quarter. Transatlantique Private Wealth LLC increased its holdings in shares of PayPal by 2.9% in the third quarter. Transatlantique Private Wealth LLC now owns 5,698 shares of the credit services provider’s stock valued at $382,000 after purchasing an additional 159 shares during the period. WCG Wealth Advisors LLC raised its stake in shares of PayPal by 1.1% during the second quarter. WCG Wealth Advisors LLC now owns 14,285 shares of the credit services provider’s stock worth $1,062,000 after purchasing an additional 162 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its holdings in shares of PayPal by 16.5% during the third quarter. Sound Income Strategies LLC now owns 1,185 shares of the credit services provider’s stock worth $79,000 after purchasing an additional 168 shares during the period. Institutional investors and hedge funds own 68.32% of the company’s stock.
Insider Activity at PayPal
In related news, insider Suzan Kereere sold 37,613 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $41.49, for a total value of $1,560,563.37. Following the sale, the insider directly owned 30,983 shares of the company’s stock, valued at approximately $1,285,484.67. This represents a 54.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Frank Keller sold 3,478 shares of PayPal stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $40.20, for a total transaction of $139,815.60. Following the transaction, the executive vice president owned 51,567 shares of the company’s stock, valued at approximately $2,072,993.40. The trade was a 6.32% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 42,304 shares of company stock valued at $1,749,493. Insiders own 0.08% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Stock Report on PYPL
Trending Headlines about PayPal
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: PayPal partnered with TCS Blockchain to enable carriers to settle freight invoices using PayPal USD on blockchain rails, which could lower settlement costs, speed cash conversion and expand institutional use cases for PayPal USD. PayPal and TCS Blockchain Modernize Logistics Payments
- Positive Sentiment: CellPoint Digital went live with a PayPal integration in its payment orchestration platform, making it easier for travel and retail merchants to offer PayPal at checkout — a revenue and volume expansion lever for global acceptance. CellPoint Digital and PayPal Partner to Expand Payment Choice
- Neutral Sentiment: KGI Securities reaffirmed a neutral rating with a $55 price target (still above current levels), underscoring analyst caution despite upside scenarios; this keeps institutional guidance mixed. PayPal Given Neutral Rating at KGI Securities
- Neutral Sentiment: Research houses remain split on upside: Bernstein flagged limited pricing power and kept a conservative view, reinforcing the narrative that margin/fee pressure is a structural concern. Bernstein Sees Limited Upside
- Neutral Sentiment: Buyout and takeover rumors continue to circulate; such speculation can lift shares episodically but remains unconfirmed and therefore an uncertain catalyst. PayPal Buyout Rumors
- Negative Sentiment: Multiple law firms have filed or are soliciting lead‑plaintiff applicants in securities‑fraud class actions alleging PayPal misled investors about revenue/growth outlooks — a governance/legal overhang that increases litigation risk, potential costs and investor uncertainty. Investors Opportunity to Lead Class Action – RGRD Law
- Negative Sentiment: Traders reacted to a broader market sell‑off and to analyst caution/downgrades, which some coverage says overshadowed the positive TCS partnership and contributed to intraday weakness. That market‑driven volatility is pressuring the stock despite deal news. What’s Going On With PayPal Stock Today?
PayPal Price Performance
Shares of NASDAQ:PYPL opened at $46.38 on Wednesday. The firm has a market capitalization of $42.70 billion, a price-to-earnings ratio of 8.57, a price-to-earnings-growth ratio of 1.19 and a beta of 1.43. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.29 and a quick ratio of 1.29. The business’s 50 day simple moving average is $51.03 and its 200-day simple moving average is $60.99. PayPal Holdings, Inc. has a 12 month low of $38.46 and a 12 month high of $79.50.
PayPal (NASDAQ:PYPL – Get Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The credit services provider reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.29 by ($0.06). The firm had revenue of $8.68 billion during the quarter, compared to analysts’ expectations of $8.82 billion. PayPal had a net margin of 15.77% and a return on equity of 25.42%. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.19 earnings per share. As a group, equities analysts forecast that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.
PayPal Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th will be given a $0.14 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $0.56 annualized dividend and a dividend yield of 1.2%. PayPal’s payout ratio is currently 10.35%.
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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