Chelsea Counsel Co. Purchases New Holdings in eBay Inc. $EBAY

Key Points

• Chelsea Counsel Co. acquired 3,420 shares of eBay Inc., valued at approximately $232,000, indicating increased interest in the e-commerce stock among institutional investors.
• Several analysts have upgraded their price targets for eBay's stock, with Benchmark raising it from $78.00 to $100.00 and Needham & Company increasing it from $78.00 to $95.00.
• eBay recently reported quarterly earnings of $1.37 EPS, surpassing estimates, and announced a quarterly dividend of $0.29 per share to be paid on September 12th.

Chelsea Counsel Co. purchased a new stake in eBay Inc. (NASDAQ:EBAY - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,420 shares of the e-commerce company's stock, valued at approximately $232,000.

A number of other institutional investors have also recently made changes to their positions in EBAY. Captrust Financial Advisors grew its position in shares of eBay by 17.3% in the 4th quarter. Captrust Financial Advisors now owns 15,992 shares of the e-commerce company's stock valued at $991,000 after buying an additional 2,361 shares during the last quarter. Focus Partners Wealth boosted its position in shares of eBay by 26.7% during the 4th quarter. Focus Partners Wealth now owns 24,370 shares of the e-commerce company's stock valued at $1,511,000 after purchasing an additional 5,137 shares in the last quarter. Lazard Asset Management LLC boosted its position in shares of eBay by 0.3% during the 4th quarter. Lazard Asset Management LLC now owns 163,728 shares of the e-commerce company's stock valued at $10,142,000 after purchasing an additional 471 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of eBay by 4.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 397,845 shares of the e-commerce company's stock valued at $24,647,000 after purchasing an additional 17,386 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp boosted its position in shares of eBay by 19.8% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 21,570 shares of the e-commerce company's stock valued at $1,336,000 after purchasing an additional 3,569 shares in the last quarter. Institutional investors own 87.48% of the company's stock.

eBay Stock Down 1.8%

Shares of eBay stock traded down $1.66 on Friday, hitting $90.80. The company had a trading volume of 4,717,366 shares, compared to its average volume of 5,339,529. The stock has a market capitalization of $41.50 billion, a price-to-earnings ratio of 20.00, a P/E/G ratio of 2.24 and a beta of 1.32. eBay Inc. has a 1 year low of $56.33 and a 1 year high of $101.15. The stock has a 50 day moving average of $88.63 and a 200-day moving average of $76.29. 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 issued its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.30 by $0.07. The firm 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 company's quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.18 earnings per share. 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 earnings per share for the current year.

eBay Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts recently commented on EBAY shares. Bank of America upped their target price on eBay from $89.00 to $101.00 and gave the company a "neutral" rating in a research report on Monday, August 25th. UBS Group set a $87.00 target price on eBay in a research report on Thursday, July 31st. Arete Research upgraded eBay from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 7th. Benchmark upped their target price on eBay from $78.00 to $100.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Finally, Arete upgraded eBay from a "sell" rating to a "neutral" rating and set a $91.00 price target on the stock in a report on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, ten have issued 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, eBay presently has a consensus rating of "Hold" and a consensus price target of $78.89.

Insider Transactions at eBay

In other news, CEO Jamie Iannone sold 7,221 shares of the stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $92.33, for a total value of $666,714.93. Following the completion of the sale, the chief executive officer directly owned 246,812 shares of the company's stock, valued at $22,788,151.96. This represents a 2.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of the stock in a transaction that occurred on Tuesday, July 15th. The stock was 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. Insiders sold a total of 174,801 shares of company stock valued at $14,763,913 over the last ninety days. 0.64% of the stock is currently owned by insiders.

About eBay

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.