AG2R LA Mondiale Gestion D Actifs Takes Position in eBay Inc. $EBAY

Key Points

• AG2R LA Mondiale Gestion D Actifs acquired a new position in eBay by purchasing 18,124 shares for approximately $1,326,000 in the first quarter, reflecting growing interest among institutional investors.
• eBay recently reported quarterly earnings of $1.37 EPS, exceeding analysts' expectations, and announced a quarterly dividend of $0.29, representing an annual yield of 1.3%.
• Several analysts have upgraded eBay's stock ratings, with price targets set between $72.00 and $95.00, indicating varied market confidence in the company's future performance.

AG2R LA Mondiale Gestion D Actifs purchased a new stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 18,124 shares of the e-commerce company's stock, valued at approximately $1,326,000.

A number of other hedge funds have also recently made changes to their positions in the company. Independent Franchise Partners LLP boosted its stake in shares of eBay by 4.6% during the first 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 in the last quarter. Invesco Ltd. boosted its stake in shares of eBay by 8.0% during the first quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company's stock valued at $571,736,000 after purchasing an additional 627,823 shares in the last quarter. Northern Trust Corp boosted its stake in shares of eBay by 4.4% during the first quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company's stock valued at $481,525,000 after purchasing an additional 300,216 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of eBay by 5.5% during 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 purchasing an additional 322,910 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of eBay by 7.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,834,195 shares of the e-commerce company's stock valued at $361,428,000 after purchasing an additional 386,568 shares in the last quarter. 87.48% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Wedbush reissued a "neutral" rating and set a $72.00 price target on shares of eBay in a research note on Wednesday, June 11th. Needham & Company LLC lifted their price objective on eBay from $78.00 to $95.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Arete raised eBay from a "sell" rating to a "neutral" rating and set a $91.00 price objective on the stock in a research note on Thursday, August 7th. Cantor Fitzgerald lifted their price objective on eBay from $69.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, July 31st. Finally, Barclays reaffirmed an "overweight" rating and issued a $92.00 price objective (up from $77.00) on shares of eBay in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, eBay has a consensus rating of "Hold" and a consensus price target of $78.89.

Insiders Place Their Bets

In other news, SVP Julie A. Loeger sold 75,952 shares of the business's stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the completion of the sale, the senior vice president owned 53,107 shares in the company, valued at $4,952,227.75. The trade was a 58.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of the business's stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $77.90, for a total value of $1,729,847.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 174,801 shares of company stock worth $14,763,913. 0.64% of the stock is owned by corporate insiders.

eBay Trading Down 1.8%

Shares of EBAY stock opened at $90.80 on Friday. The company has a market cap of $41.50 billion, a P/E ratio of 20.00, a PEG ratio of 2.24 and a beta of 1.32. The stock has a 50 day simple moving average of $88.63 and a two-hundred day simple moving average of $76.34. 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 Inc. has a fifty-two week low of $56.33 and a fifty-two week high of $101.15.

eBay (NASDAQ:EBAY - Get Free Report) last issued its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, topping analysts' consensus estimates of $1.30 by $0.07. The business had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.The firm's revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Research analysts forecast that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, August 29th. eBay's payout ratio is presently 25.55%.

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.

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