ABN Amro Investment Solutions Makes New $6.80 Million Investment in eBay Inc. $EBAY

ABN Amro Investment Solutions acquired a new stake in shares of eBay Inc. (NASDAQ:EBAY) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 91,304 shares of the e-commerce company’s stock, valued at approximately $6,798,000.

Several other hedge funds also recently made changes to their positions in EBAY. Hemington Wealth Management boosted its position in eBay by 7.7% during the 2nd quarter. Hemington Wealth Management now owns 1,742 shares of the e-commerce company’s stock valued at $129,000 after buying an additional 124 shares during the period. Parkside Financial Bank & Trust raised its stake in shares of eBay by 9.0% during the second quarter. Parkside Financial Bank & Trust now owns 1,666 shares of the e-commerce company’s stock valued at $124,000 after acquiring an additional 137 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in shares of eBay by 2.2% during the second quarter. Capital Investment Advisors LLC now owns 6,280 shares of the e-commerce company’s stock worth $468,000 after purchasing an additional 138 shares during the period. Kovitz Investment Group Partners LLC increased its holdings in eBay by 0.6% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 23,039 shares of the e-commerce company’s stock valued at $1,560,000 after purchasing an additional 143 shares during the period. Finally, Journey Strategic Wealth LLC raised its position in eBay by 4.4% during the 1st quarter. Journey Strategic Wealth LLC now owns 3,921 shares of the e-commerce company’s stock valued at $266,000 after purchasing an additional 166 shares during the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

eBay Price Performance

EBAY stock opened at $84.43 on Friday. The firm has a 50 day moving average price of $90.36 and a 200-day moving average price of $83.84. eBay Inc. has a 52-week low of $58.71 and a 52-week high of $101.15. The firm has a market capitalization of $38.16 billion, a price-to-earnings ratio of 18.35, a PEG ratio of 2.39 and a beta of 1.29. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.03. eBay had a return on equity of 41.45% and a net margin of 20.37%.The company had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter in the prior year, the business posted $1.19 EPS. The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. Equities research analysts forecast that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be paid a $0.29 dividend. The ex-dividend date is Friday, November 28th. This represents a $1.16 dividend on an annualized basis and a yield of 1.4%. eBay’s payout ratio is presently 25.22%.

Insider Activity

In other eBay news, CEO Jamie Iannone sold 7,221 shares of the firm’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $81.08, for a total transaction of $585,478.68. Following the completion of the sale, the chief executive officer directly owned 235,781 shares in the company, valued at approximately $19,117,123.48. This trade represents a 2.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Cornelius Boone sold 4,439 shares of eBay stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $89.53, for a total transaction of $397,423.67. Following the completion of the transaction, the senior vice president directly owned 93,392 shares of the company’s stock, valued at $8,361,385.76. This trade represents a 4.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 63,317 shares of company stock valued at $5,361,568. Company insiders own 0.64% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Arete upgraded eBay from a “sell” rating to a “neutral” rating and set a $91.00 price objective on the stock in a research report on Thursday, August 7th. Arete Research raised eBay from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 7th. Citigroup reiterated a “market outperform” rating on shares of eBay in a report on Thursday, October 30th. Evercore ISI upped their price objective on shares of eBay from $90.00 to $93.00 and gave the stock an “in-line” rating in a report on Thursday, October 30th. Finally, TD Cowen raised their target price on shares of eBay from $80.00 to $84.00 and gave the stock a “hold” rating in a research report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nineteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $94.69.

eBay 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.