eBay Inc. $EBAY Shares Sold by Candriam S.C.A.

Key Points

• Candriam S.C.A. has reduced its stake in eBay Inc. by 1.9%, now owning approximately 796,835 shares valued at around $53.97 million.
• eBay recently reported $1.37 earnings per share (EPS) for the last quarter, exceeding analysts' expectations and showing a 6.1% increase in revenue year-over-year.
• The company declared a $0.29 per share quarterly dividend, representing a yield of 1.2%, to be paid on September 12th.

Candriam S.C.A. decreased its holdings in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 1.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 796,835 shares of the e-commerce company's stock after selling 15,736 shares during the period. Candriam S.C.A. owned approximately 0.17% of eBay worth $53,970,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in EBAY. Orion Capital Management LLC acquired a new stake in eBay in the fourth quarter valued at about $27,000. Abound Financial LLC purchased a new position in shares of eBay during the 1st quarter worth approximately $29,000. Pinney & Scofield Inc. purchased a new position in shares of eBay during the 4th quarter worth approximately $31,000. Itau Unibanco Holding S.A. acquired a new stake in eBay during the fourth quarter worth approximately $33,000. Finally, Transce3nd LLC acquired a new stake in eBay during the fourth quarter worth approximately $36,000. Institutional investors and hedge funds own 87.48% of the company's stock.

Insider Buying and Selling at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the business's stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $77.38, for a total transaction of $1,825,935.86. Following the completion of the sale, the senior vice president owned 44,413 shares of the company's stock, valued at $3,436,677.94. This represents a 34.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Cornelius Boone sold 2,985 shares of the company's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $78.67, for a total transaction of $234,829.95. Following the completion of the transaction, the senior vice president owned 92,053 shares of the company's stock, valued at approximately $7,241,809.51. This trade represents a 3.14% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 183,209 shares of company stock worth $15,331,663. Insiders own 0.64% of the company's stock.

eBay Stock Up 0.4%

Shares of NASDAQ:EBAY traded up $0.36 during midday trading on Friday, hitting $99.22. 6,650,901 shares of the company's stock traded hands, compared to its average volume of 7,042,917. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market cap of $45.34 billion, a PE ratio of 21.85, a P/E/G ratio of 2.39 and a beta of 1.27. The firm's fifty day moving average price is $83.70 and its two-hundred day moving average price is $73.86. eBay Inc. has a twelve month low of $56.33 and a twelve month high of $101.15.

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

eBay Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 29th will be issued a dividend of $0.29 per share. The ex-dividend date is Friday, August 29th. This represents a $1.16 annualized dividend and a dividend yield of 1.2%. eBay's payout ratio is presently 25.55%.

Analyst Ratings Changes

A number of brokerages recently issued reports on EBAY. Argus restated a "hold" rating on shares of eBay in a research report on Thursday, August 14th. Cowen restated a "hold" rating on shares of eBay in a research report on Tuesday, July 22nd. Citigroup decreased their target price on shares of eBay from $80.00 to $79.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Stifel Nicolaus raised their target price on shares of eBay from $62.00 to $68.00 and gave the stock a "hold" rating in a research report on Tuesday, July 29th. Finally, Barclays restated an "overweight" rating and set a $92.00 target price (up previously from $77.00) on shares of eBay in a research report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, eBay has an average rating of "Hold" and a consensus price target of $78.19.

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.