eBay Inc. $EBAY Stock Position Raised by Advisors Asset Management Inc.

Advisors Asset Management Inc. boosted its stake in eBay Inc. (NASDAQ:EBAY) by 6.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,312 shares of the e-commerce company’s stock after buying an additional 1,313 shares during the quarter. Advisors Asset Management Inc.’s holdings in eBay were worth $1,587,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Independent Franchise Partners LLP raised its stake in eBay by 4.6% during the 1st quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company’s stock valued at $791,714,000 after purchasing an additional 510,629 shares during the last quarter. Nordea Investment Management AB lifted its holdings in eBay by 5.6% in the second quarter. Nordea Investment Management AB now owns 9,085,603 shares of the e-commerce company’s stock valued at $674,061,000 after buying an additional 478,410 shares during the period. Invesco Ltd. grew its position in shares of eBay by 8.0% during the 1st quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company’s stock worth $571,736,000 after buying an additional 627,823 shares during the period. Northern Trust Corp increased its position in shares of eBay by 4.4% in the 1st quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company’s stock valued at $481,525,000 after buying an additional 300,216 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in eBay by 5.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company’s stock valued at $417,021,000 after buying an additional 322,910 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

Insider Transactions at eBay

In other news, 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 completion of the sale, the senior vice president owned 93,392 shares in the company, valued at approximately $8,361,385.76. This trade represents a 4.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Mazen Rawashdeh sold 1,910 shares of the company’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total transaction of $170,582.10. Following the completion of the transaction, the senior vice president owned 3,824 shares in the company, valued at approximately $341,521.44. The trade was a 33.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 64,323 shares of company stock worth $5,444,100. 0.64% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently weighed in on EBAY shares. Weiss Ratings reissued a “buy (b)” rating on shares of eBay in a report on Tuesday. JMP Securities upgraded shares of eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 target price on the stock in a research report on Friday, October 24th. BMO Capital Markets boosted their price target on shares of eBay from $102.00 to $107.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Benchmark raised their price objective on eBay from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Rothschild & Co Redburn cut their price objective on eBay from $95.00 to $90.00 in a research report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twenty-one have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $94.69.

eBay Stock Performance

EBAY stock opened at $82.91 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. eBay Inc. has a 12-month low of $58.71 and a 12-month high of $101.15. The stock has a market capitalization of $37.47 billion, a PE ratio of 18.02, a price-to-earnings-growth ratio of 2.39 and a beta of 1.29. The stock’s 50 day simple moving average is $88.34 and its 200 day simple moving average is $84.95.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.45%. The company had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter last year, the firm posted $1.19 earnings per share. The firm’s 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. As a group, research analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 28th will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, November 28th. eBay’s dividend payout ratio is 25.22%.

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.