Blueshift Asset Management LLC Has $1.71 Million Holdings in eBay Inc. $EBAY

Blueshift Asset Management LLC lifted its stake in eBay Inc. (NASDAQ:EBAY) by 298.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,980 shares of the e-commerce company’s stock after purchasing an additional 17,210 shares during the quarter. Blueshift Asset Management LLC’s holdings in eBay were worth $1,711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EBAY. LPL Financial LLC boosted its stake in shares of eBay by 12.1% during the 1st quarter. LPL Financial LLC now owns 357,684 shares of the e-commerce company’s stock valued at $24,226,000 after buying an additional 38,566 shares during the period. US Bancorp DE raised its holdings in shares of eBay by 4.1% during the first quarter. US Bancorp DE now owns 104,754 shares of the e-commerce company’s stock worth $7,095,000 after acquiring an additional 4,097 shares in the last quarter. Moors & Cabot Inc. boosted its position in eBay by 8.2% during the first quarter. Moors & Cabot Inc. now owns 6,392 shares of the e-commerce company’s stock valued at $433,000 after purchasing an additional 486 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in eBay by 0.8% during the first quarter. PNC Financial Services Group Inc. now owns 187,095 shares of the e-commerce company’s stock valued at $12,672,000 after purchasing an additional 1,500 shares during the last quarter. Finally, Banco Santander S.A. grew its stake in eBay by 316.7% in the first quarter. Banco Santander S.A. now owns 16,386 shares of the e-commerce company’s stock valued at $1,110,000 after purchasing an additional 12,454 shares in the last quarter. 87.48% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

EBAY has been the subject of several recent research reports. Wedbush boosted their target price on shares of eBay from $90.00 to $95.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. JMP Securities upgraded eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 target price for the company in a research note on Friday, October 24th. BMO Capital Markets raised their target price on eBay from $102.00 to $107.00 and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Arete Research upgraded shares of eBay from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 7th. Finally, Rothschild & Co Redburn dropped their price objective on shares of eBay from $95.00 to $90.00 in a research note on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty-one have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $94.69.

Insider Activity at eBay

In related news, SVP Mazen Rawashdeh sold 1,910 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total value of $170,582.10. Following the completion of the transaction, the senior vice president owned 3,824 shares in the company, valued at $341,521.44. The trade was a 33.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $81.54, for a total value of $2,878,769.70. Following the transaction, the senior vice president directly owned 2,862 shares in the company, valued at approximately $233,367.48. This represents a 92.50% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 64,323 shares of company stock valued at $5,444,100. Insiders own 0.64% of the company’s stock.

eBay Stock Down 0.1%

NASDAQ EBAY opened at $82.73 on Tuesday. The stock’s 50 day simple moving average is $88.18 and its 200 day simple moving average is $85.15. eBay Inc. has a one year low of $58.71 and a one year high of $101.15. The firm has a market cap of $37.39 billion, a PE ratio of 17.98, a price-to-earnings-growth ratio of 2.39 and a beta of 1.29. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.03. The firm had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.73 billion. eBay had a return on equity of 41.45% and a net margin of 20.37%.The business’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.19 EPS. 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, sell-side analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Announces Dividend

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 given a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, November 28th. eBay’s dividend payout ratio (DPR) is presently 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.