Victory Capital Management Inc. Lowers Position in PayPal Holdings, Inc. $PYPL

Victory Capital Management Inc. trimmed its position in shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 3.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 3,549,380 shares of the credit services provider’s stock after selling 111,729 shares during the period. Victory Capital Management Inc.’s holdings in PayPal were worth $238,829,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in PYPL. Brighton Jones LLC grew its position in shares of PayPal by 15.2% during the 4th quarter. Brighton Jones LLC now owns 6,989 shares of the credit services provider’s stock valued at $596,000 after acquiring an additional 924 shares during the period. Revolve Wealth Partners LLC acquired a new position in PayPal in the 4th quarter worth about $248,000. Sivia Capital Partners LLC boosted its position in PayPal by 41.5% during the second quarter. Sivia Capital Partners LLC now owns 4,470 shares of the credit services provider’s stock worth $332,000 after purchasing an additional 1,310 shares in the last quarter. United Bank boosted its position in PayPal by 40.1% during the second quarter. United Bank now owns 17,388 shares of the credit services provider’s stock worth $1,292,000 after purchasing an additional 4,974 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in PayPal by 287.0% in the second quarter. Assetmark Inc. now owns 5,696 shares of the credit services provider’s stock valued at $423,000 after purchasing an additional 4,224 shares during the period. 68.32% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about PayPal

Here are the key news stories impacting PayPal this week:

• Positive Sentiment: Partnership to speed freight settlements — PayPal and TCS Blockchain launched a solution to let carriers settle freight invoices using PayPal USD on blockchain rails, promising faster/cheaper settlement and potential new revenue/use cases for PayPal’s stablecoin and B2B payments footprint. PayPal and TCS Blockchain Modernize Logistics Payments
• Positive Sentiment: New merchant integrations expand reach — CellPoint Digital integrated PayPal into its payment orchestration platform, making PayPal easier for travel and retail merchants to enable globally, which can boost payment volume and acceptance. CellPoint Digital and PayPal Partner
• Positive Sentiment: Bullish analysis highlights catalysts — A Seeking Alpha piece argues PayPal is attractive (arguing upside and multiple catalysts), which can support bullish investor interest and help sentiment. PayPal Is Attractive At $70…
• Neutral Sentiment: Buyout rumors linger — Media coverage is rehashing takeover interest in PayPal (potential bidders discussed). Rumors can boost volatility and buy-side speculation but are unconfirmed. PayPal Buyout Rumors
• Neutral Sentiment: Analyst stance remains cautious — KGI reaffirmed a neutral rating with a ~$55 target; other shops (Bernstein) see limited upside. Analyst caution limits sustained rallies absent clearer growth signs. KGI Neutral Rating
• Neutral Sentiment: Recent earnings showed a modest revenue/EPS miss and slower growth trends—this remains the underlying operational backdrop investors are weighing alongside partnership news. (Earnings release context reflected in recent analyst commentary.)
• Negative Sentiment: Wave of securities class-action filings and law-firm notices — Multiple firms have filed or solicited lead-plaintiff interest alleging misleading statements about growth/projections; this raises legal risk, potential costs, and governance scrutiny. RGRD Law Class Action Notice
• Negative Sentiment: Market reaction to analyst actions and macro sell-off — Coverage notes a sell-off and references a KGI neutral/downgrade that overshadowed partnership news, pressuring the stock in the short term. What’s Going On With PayPal Stock Today?
• Negative Sentiment: Critical analyst pieces highlight structural issues — Several commentaries argue PayPal faces structural growth/pricing challenges and limited moat, which can weigh on longer-term multiples if execution doesn’t improve. PayPal: The Story Of A Troublesome Stock

Insider Activity

In other news, EVP Frank Keller sold 3,478 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $40.20, for a total transaction of $139,815.60. Following the completion of the sale, the executive vice president owned 51,567 shares in the company, valued at $2,072,993.40. This trade represents a 6.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Suzan Kereere sold 37,613 shares of PayPal stock in a transaction on 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 completion of the sale, the insider owned 30,983 shares in the company, valued at $1,285,484.67. This represents a 54.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 42,304 shares of company stock valued at $1,749,493 in the last 90 days. Company insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

PYPL has been the subject of several research analyst reports. Bank of America reaffirmed a “neutral” rating and set a $68.00 target price (down from $93.00) on shares of PayPal in a research note on Thursday, December 11th. KGI Securities reiterated a “hold” rating and issued a $55.00 target price on shares of PayPal in a research report on Monday. Needham & Company LLC restated a “hold” rating on shares of PayPal in a research report on Tuesday, February 3rd. Jefferies Financial Group reiterated a “hold” rating on shares of PayPal in a report on Wednesday, January 7th. Finally, William Blair reissued a “market perform” rating on shares of PayPal in a report on Tuesday, February 3rd. Eight equities research analysts have rated the stock with a Buy rating, thirty-one have assigned a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $59.55.

PayPal Trading Up 1.6%

Shares of PayPal stock opened at $46.38 on Wednesday. PayPal Holdings, Inc. has a 1-year low of $38.46 and a 1-year high of $79.50. 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 stock has a market cap of $42.70 billion, a P/E ratio of 8.57, a P/E/G ratio of 1.19 and a beta of 1.43. The stock’s 50 day simple moving average is $51.03 and its 200-day simple moving average is $60.99.

PayPal (NASDAQ:PYPL) last released its quarterly earnings data on Tuesday, February 3rd. The credit services provider reported $1.23 earnings per share for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.06). PayPal had a return on equity of 25.42% and a net margin of 15.77%.The company had revenue of $8.68 billion for the quarter, compared to analyst estimates of $8.82 billion. During the same period last year, the firm posted $1.19 EPS. The business’s quarterly revenue was up 4.0% on a year-over-year basis. Analysts predict that PayPal Holdings, Inc. will post 5.03 EPS for the current fiscal year.

PayPal Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $0.56 dividend on an annualized basis and a yield of 1.2%. PayPal’s payout ratio is 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.