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US Bancorp DE Trims Holdings in PayPal Holdings, Inc. $PYPL
US Bancorp DE significantly reduced its stake in PayPal Holdings, Inc. by 29.8% in Q4, selling over 70,000 shares. This comes as PayPal undergoes a strategic reorganization to sharpen execution and potentially unlock value, particularly by making Venmo a standalone business. Despite these strategic moves, analysts generally rate PYPL as a “Hold,” and recent insider selling could add short-term pressure.