PayPal (NASDAQ:PYPL) Stock: Insider Frank Keller Sells 732 Shares

by · The Markets Daily

PayPal Holdings, Inc. (NASDAQ:PYPL – Get Free Report) insider Frank Keller sold 732 shares of the firm’s stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $55.37, for a total value of $40,530.84. Following the completion of the transaction, the insider directly owned 41,567 shares in the company, valued at $2,301,564.79. The trade was a 1.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Frank Keller also recently made the following trade(s):

  • On Thursday, September 3rd, Frank Keller sold 4,612 shares of PayPal stock. The shares were sold at an average price of $55.43, for a total transaction of $255,643.16.

PayPal Price Performance

Shares of NASDAQ:PYPL opened at $57.01 on Friday. The firm’s 50 day moving average price is $55.36 and its 200-day moving average price is $50.04. PayPal Holdings, Inc. has a twelve month low of $38.46 and a twelve month high of $70.35. The company has a quick ratio of 1.29, a current ratio of 1.26 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $47.36 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 1.21 and a beta of 1.27.

PayPal (NASDAQ:PYPL – Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The credit services provider reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.14. The company had revenue of $8.58 billion for the quarter, compared to the consensus estimate of $8.71 billion. PayPal had a net margin of 13.78% and a return on equity of 24.39%. The firm’s revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.34 earnings per share. Equities research analysts expect that PayPal Holdings, Inc. will post 5.58 EPS for the current year.

PayPal Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 24th. Stockholders of record on Friday, December 4th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, December 4th. PayPal’s dividend payout ratio (DPR) is currently 10.69%.

More PayPal News

Here are the key news stories impacting PayPal this week:

  • Positive Sentiment: PayPal’s earnings-call commentary highlighted progress in diversifying beyond its traditional checkout business, including growth in financial services, strong Venmo engagement, product expansion and continued cost discipline. These developments suggest improving operating execution and helped support the stock. The 5 most interesting analyst questions from PayPal’s Q3 earnings call
  • Positive Sentiment: PayPal remains viewed as a potentially attractive value stock: commentary points to ongoing revenue growth, robust free cash flow and substantial share-repurchase capacity. Its relatively low valuation could provide downside support if the turnaround gains traction. Is PayPal Stock a Value or a Value Trap?
  • Neutral Sentiment: KeyCorp raised its 2027 EPS forecasts for the first and third quarters but lowered its fourth-quarter estimate, leaving the overall earnings outlook mixed rather than materially changed.
  • Neutral Sentiment: PayPal is included among financial-transaction companies that could benefit from resilient consumer spending, cross-border payments and strategic acquisitions. However, rising technology costs and inflation remain industry-wide risks. 5 Financial Transaction Stocks to Watch Amid Cost and Inflation Pressure
  • Negative Sentiment: Barclays downgraded PayPal to Underweight and cut its price target to $53 from $56, citing slowing growth in core checkout, secular pressure on the branded button and a lower likelihood of a takeover. Barclays lowers PayPal stock to Underweight on slowing fundamentals
  • Negative Sentiment: Several firms, including Canaccord Genuity, Needham, BTIG and Bernstein, maintained Hold or Neutral views, while Citigroup lowered its expectations. The broad lack of bullish analyst conviction continues to weigh on sentiment.

Analyst Ratings Changes

PYPL has been the subject of several analyst reports. Robert W. Baird upped their price objective on PayPal from $50.00 to $57.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Weiss Ratings downgraded PayPal from a “hold (c)” rating to a “sell (d+)” rating in a research report on Wednesday. TD Cowen lifted their target price on PayPal from $59.00 to $60.00 and gave the company a “hold” rating in a research report on Wednesday. Needham & Company LLC reissued a “hold” rating on shares of PayPal in a report on Tuesday, October 27th. Finally, Wells Fargo & Company upped their price target on PayPal from $48.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 29th. Eight analysts have rated the stock with a Buy rating, thirty-one have given a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $55.94.

Check Out Our Latest Stock Analysis on PYPL

Hedge Funds Weigh In On PayPal

A number of hedge funds have recently modified their holdings of PYPL. BlackRock Inc. bought a new position in shares of PayPal during the 2nd quarter valued at approximately $3,236,989,000. Bank of America Corp DE purchased a new stake in PayPal during the 2nd quarter valued at $975,563,000. Primecap Management Co. CA bought a new stake in PayPal in the second quarter worth $422,092,000. Corient Private Wealth LP bought a new stake in PayPal in the second quarter worth $20,758,000. Finally, Amundi lifted its position in PayPal by 227.6% in the first quarter. Amundi now owns 13,804,208 shares of the credit services provider’s stock worth $624,364,000 after buying an additional 9,590,488 shares during the last quarter. 68.32% of the stock is currently owned by institutional investors.

PayPal Company Profile

(Get Free Report)

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and businesses to send, receive, and manage money online and through mobile devices. Its services support online checkout, peer-to-peer payments, money transfers, payment processing, invoicing, and other commerce-related transactions.

The company’s portfolio includes the PayPal and Venmo brands, Braintree’s payment processing technology, and Xoom’s international money transfer service. PayPal also offers merchant tools, digital wallets, payment solutions, and consumer financing products through its platform and related services.

PayPal traces its origins to 1998 and became an independent publicly traded company after separating from eBay in 2015.

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