Credit Agricole S A Has $21.63 Million Stock Holdings in eBay Inc. $EBAY

Key Points

• Credit Agricole S A increased its stake in eBay by 12.3%, acquiring a total of 319,320 shares valued at approximately $21.6 million.
• eBay reported $1.37 earnings per share for the last quarter, exceeding analyst estimates and showing a 6.1% year-over-year revenue growth.
• The company also announced a quarterly dividend of $0.29 per share, with an annualized yield of 1.2%, set to be paid on September 12th.

Credit Agricole S A lifted its position in eBay Inc. (NASDAQ:EBAY - Free Report) by 12.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 319,320 shares of the e-commerce company's stock after purchasing an additional 34,977 shares during the quarter. Credit Agricole S A owned 0.07% of eBay worth $21,628,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of EBAY. Orion Capital Management LLC acquired a new position in shares of eBay in the fourth quarter valued at $27,000. Abound Financial LLC acquired a new position in shares of eBay in the first quarter valued at $29,000. Pinney & Scofield Inc. acquired a new position in shares of eBay in the fourth quarter valued at $31,000. Itau Unibanco Holding S.A. acquired a new position in shares of eBay in the fourth quarter valued at $33,000. Finally, Transce3nd LLC bought a new stake in eBay in the fourth quarter valued at $36,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Price Performance

Shares of EBAY stock traded up $0.36 during trading hours on Friday, hitting $99.22. 6,650,901 shares of the company's stock were exchanged, compared to its average volume of 7,042,917. The stock's 50-day moving average is $83.70 and its 200-day moving average is $73.86. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market cap of $45.34 billion, a price-to-earnings ratio of 21.85, a price-to-earnings-growth ratio of 2.39 and a beta of 1.27. eBay Inc. has a 52 week low of $56.33 and a 52 week high of $101.15.

eBay (NASDAQ:EBAY - Get Free Report) last announced its earnings results 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 company 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 revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, research analysts forecast that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

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

Insiders Place Their Bets

In other news, CEO Jamie Iannone sold 10,974 shares of the stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $75.75, for a total transaction of $831,280.50. Following the sale, the chief executive officer owned 306,651 shares in the company, valued at approximately $23,228,813.25. This represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Cornelius Boone sold 2,985 shares of the stock in a transaction on Friday, June 6th. The stock was sold at an average price of $78.67, for a total value of $234,829.95. Following the sale, the senior vice president owned 92,053 shares in the company, valued at $7,241,809.51. The trade was a 3.14% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 183,209 shares of company stock worth $15,331,663 over the last ninety days. Company insiders own 0.64% of the company's stock.

Wall Street Analyst Weigh In

EBAY has been the topic of a number of analyst reports. Morgan Stanley upped their price target on eBay from $81.00 to $89.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Stifel Nicolaus upped their price target on eBay from $62.00 to $68.00 and gave the company a "hold" rating in a research report on Tuesday, July 29th. Cowen reiterated a "hold" rating on shares of eBay in a research report on Tuesday, July 22nd. Piper Sandler upped their price target on eBay from $74.00 to $95.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Finally, Daiwa America upgraded eBay from a "hold" rating to a "strong-buy" rating in a research report on Monday, May 12th. 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 given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus 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.