Mizuho upgraded shares of eBay (NASDAQ:EBAY – Free Report) to a hold rating in a research note released on Monday,Zacks.com reports.
A number of other equities research analysts also recently issued reports on the stock. Wedbush reissued a “neutral” rating and issued a $72.00 price target on shares of eBay in a report on Wednesday, June 11th. Benchmark increased their price target on shares of eBay from $78.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. President Capital raised shares of eBay from a “neutral” rating to a “buy” rating and increased their price target for the stock from $74.00 to $103.00 in a report on Friday, September 19th. UBS Group set a $87.00 price target on shares of eBay in a report on Thursday, July 31st. Finally, Citizens Jmp raised shares of eBay to a “hold” rating in a report on Thursday, July 10th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $81.11.
Read Our Latest Analysis on EBAY
eBay Stock Down 3.7%
eBay (NASDAQ:EBAY – Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.30 by $0.07. eBay had a net margin of 20.86% and a return on equity of 38.97%. The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same period in the prior year, the firm posted $1.18 earnings per share. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Research analysts anticipate that eBay will post 3.86 earnings per share for the current fiscal year.
eBay Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, August 29th. eBay’s dividend payout ratio (DPR) is currently 25.55%.
Insider Activity at eBay
In related news, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of the firm’s stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $77.90, for a total transaction of $1,729,847.40. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Cornelius Boone sold 4,439 shares of the firm’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $89.53, for a total value of $397,423.67. Following the transaction, the senior vice president directly owned 93,392 shares in the company, valued at approximately $8,361,385.76. This represents a 4.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 111,728 shares of company stock worth $10,047,092 in the last quarter. 0.64% of the stock is owned by company insiders.
Hedge Funds Weigh In On eBay
Large investors have recently bought and sold shares of the stock. Procyon Advisors LLC increased its stake in eBay by 100.7% in the 2nd quarter. Procyon Advisors LLC now owns 30,789 shares of the e-commerce company’s stock worth $2,293,000 after purchasing an additional 15,449 shares during the period. Marvin & Palmer Associates Inc. purchased a new position in eBay in the 1st quarter worth approximately $2,958,000. Assenagon Asset Management S.A. increased its stake in eBay by 0.5% in the 1st quarter. Assenagon Asset Management S.A. now owns 53,089 shares of the e-commerce company’s stock worth $3,596,000 after purchasing an additional 246 shares during the period. IFP Advisors Inc increased its stake in eBay by 59.6% in the 1st quarter. IFP Advisors Inc now owns 3,857 shares of the e-commerce company’s stock worth $261,000 after purchasing an additional 1,440 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its stake in eBay by 2.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 79,452 shares of the e-commerce company’s stock worth $5,381,000 after purchasing an additional 2,095 shares during the period. 87.48% of the stock is owned by hedge funds and other institutional investors.
eBay Company Profile
eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.
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