PayPal Holdings, Inc. $PYPL Position Lifted by Gibraltar Capital Management Inc.

Gibraltar Capital Management Inc. has increased its stake in PayPal Holdings, Inc. by 45.7% to 141,296 shares, valued at approximately $8.25 million, making it the fund’s 23rd-largest holding. This comes as PayPal undergoes a strategic reorganization, creating three operating units and making Venmo a standalone business to enhance execution and unlock value. Despite mixed analyst sentiment and recent insider selling of nearly 100,000 shares, the company announced a quarterly dividend of $0.14 per share.

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