Caxton Associates LLP Makes New Investment in eBay Inc. $EBAY

Key Points

• Caxton Associates LLP has acquired a new position in eBay, purchasing 58,657 shares valued at approximately $3.97 million in the 1st quarter.
• eBay recently announced a quarterly dividend of $0.29 per share, with the dividend to be paid on September 12th, indicating a total annual payout of $1.16 and a yield of 1.3%.
• The stock has been rated by analysts with varied opinions, resulting in a consensus rating of "Hold" and a target price of $78.89, despite positive earnings results in the last quarter.

Caxton Associates LLP acquired a new position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 58,657 shares of the e-commerce company's stock, valued at approximately $3,973,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wealth Preservation Advisors LLC purchased a new stake in shares of eBay in the first quarter valued at about $26,000. Orion Capital Management LLC purchased a new position in eBay in the fourth quarter valued at about $27,000. Abound Financial LLC purchased a new position in eBay in the first quarter valued at about $29,000. Pinney & Scofield Inc. purchased a new position in eBay in the fourth quarter valued at about $31,000. Finally, Sierra Ocean LLC boosted its stake in eBay by 84.9% in the first quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company's stock valued at $36,000 after acquiring an additional 247 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on EBAY shares. Cowen reiterated a "hold" rating on shares of eBay in a research note on Tuesday, July 22nd. Bank of America lifted their target price on shares of eBay from $89.00 to $101.00 and gave the stock a "neutral" rating in a research note on Monday, August 25th. UBS Group set a $87.00 target price on shares of eBay in a research note on Thursday, July 31st. Barclays reiterated an "overweight" rating and issued a $92.00 target price (up previously from $77.00) on shares of eBay in a research note on Thursday, July 31st. Finally, Arete upgraded shares of eBay from a "sell" rating to a "neutral" rating and set a $91.00 target price for the company in a research note on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $78.89.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $92.66 on Monday. The company has a 50 day moving average of $87.01 and a 200 day moving average of $75.61. The stock has a market cap of $42.35 billion, a P/E ratio of 20.41, a P/E/G ratio of 2.24 and a beta of 1.32. eBay Inc. has a 12 month low of $56.33 and a 12 month high of $101.15. 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 (NASDAQ:EBAY - Get Free Report) last announced its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.07. eBay had a net margin of 20.86% and a return on equity of 38.97%. The business had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same period in the previous year, the business posted $1.18 earnings per share. eBay's revenue for the quarter was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, sell-side analysts forecast that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be given a dividend of $0.29 per share. The ex-dividend date is Friday, August 29th. This represents a $1.16 annualized dividend and a yield of 1.3%. eBay's payout ratio is presently 25.55%.

Insider Buying and Selling at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of eBay stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $77.90, for a total transaction of $1,729,847.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Julie A. Loeger sold 75,952 shares of eBay stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the sale, the senior vice president owned 53,107 shares of the company's stock, valued at approximately $4,952,227.75. The trade was a 58.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 167,580 shares of company stock worth $14,097,198 over the last three months. 0.64% of the stock is owned by insiders.

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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