BI Asset Management Fondsmaeglerselskab A S Boosts Position in eBay Inc. $EBAY

Key Points

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BI Asset Management Fondsmaeglerselskab A S raised its stake in eBay Inc. (NASDAQ:EBAY - Free Report) by 6.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 706,039 shares of the e-commerce company's stock after acquiring an additional 43,190 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S owned approximately 0.15% of eBay worth $47,820,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Rockefeller Capital Management L.P. raised its holdings in shares of eBay by 15.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 26,212 shares of the e-commerce company's stock worth $1,623,000 after purchasing an additional 3,563 shares during the period. GeoWealth Management LLC raised its holdings in shares of eBay by 53.2% in the 4th quarter. GeoWealth Management LLC now owns 9,505 shares of the e-commerce company's stock worth $589,000 after purchasing an additional 3,301 shares during the period. Forum Financial Management LP raised its holdings in shares of eBay by 43.2% in the 4th quarter. Forum Financial Management LP now owns 4,680 shares of the e-commerce company's stock worth $290,000 after purchasing an additional 1,411 shares during the period. Norinchukin Bank The raised its holdings in shares of eBay by 8.8% in the 4th quarter. Norinchukin Bank The now owns 22,264 shares of the e-commerce company's stock worth $1,379,000 after purchasing an additional 1,805 shares during the period. Finally, MML Investors Services LLC raised its holdings in shares of eBay by 3.9% in the 4th quarter. MML Investors Services LLC now owns 139,080 shares of the e-commerce company's stock worth $8,616,000 after purchasing an additional 5,248 shares during the period. Hedge funds and other institutional investors own 87.48% of the company's stock.

eBay Price Performance

NASDAQ:EBAY traded up $0.36 during mid-day trading on Friday, reaching $99.22. The stock had a trading volume of 6,650,901 shares, compared to its average volume of 5,627,879. The firm has a 50 day moving average price of $83.70 and a two-hundred day moving average price of $73.86. The stock has a market capitalization of $45.34 billion, a P/E ratio of 21.85, a P/E/G ratio of 2.40 and a beta of 1.27. eBay Inc. has a one year low of $56.33 and a one year high of $101.15. 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 - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.30 by $0.07. The business had revenue of $2.73 billion for the quarter, compared to analysts' expectations of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.The business's quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, analysts expect that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 29th. eBay's payout ratio is 25.55%.

Insider Buying and Selling

In other eBay news, CEO Jamie Iannone sold 12,644 shares of eBay stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $76.02, for a total value of $961,196.88. Following the transaction, the chief executive officer directly owned 317,625 shares of the company's stock, valued at $24,145,852.50. The trade was a 3.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of eBay stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $77.38, for a total value of $1,825,935.86. Following the completion of the transaction, the senior vice president directly owned 44,413 shares in the company, valued at $3,436,677.94. This trade represents a 34.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 183,209 shares of company stock valued at $15,331,663 over the last quarter. Company insiders own 0.64% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Benchmark lifted their price target on eBay from $78.00 to $100.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Wells Fargo & Company lifted their price target on eBay from $66.00 to $84.00 and gave the company an "equal weight" rating in a research report on Thursday, July 31st. Daiwa Capital Markets upgraded eBay from a "neutral" rating to a "buy" rating and set a $70.00 price target for the company in a research report on Monday, May 12th. Needham & Company LLC lifted their price target on eBay from $78.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Finally, TD Securities lifted their price target on eBay from $62.00 to $64.00 and gave the company a "hold" rating in a research report on Thursday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $78.19.

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.