DekaBank Deutsche Girozentrale lifted its position in eBay Inc. (NASDAQ:EBAY - Free Report) by 10.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 128,873 shares of the e-commerce company's stock after acquiring an additional 11,893 shares during the quarter. DekaBank Deutsche Girozentrale's holdings in eBay were worth $9,581,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Princeton Global Asset Management LLC lifted its holdings in shares of eBay by 433.9% in the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company's stock worth $25,000 after acquiring an additional 269 shares during the last quarter. Wealth Preservation Advisors LLC purchased a new position in eBay in the 1st quarter worth about $26,000. GFG Capital LLC purchased a new position in eBay in the 2nd quarter worth about $28,000. Abound Financial LLC purchased a new position in eBay in the 1st quarter worth about $29,000. Finally, Private Wealth Asset Management LLC increased its stake in eBay by 1,470.6% in the 2nd quarter. Private Wealth Asset Management LLC now owns 534 shares of the e-commerce company's stock worth $40,000 after buying an additional 500 shares during the period. Institutional investors own 87.48% of the company's stock.
eBay Trading Up 0.2%
NASDAQ EBAY opened at $95.52 on Friday. The company's 50-day simple moving average is $92.69 and its two-hundred day simple moving average is $81.33. 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 Inc. has a one year low of $56.33 and a one year high of $101.15. The company has a market capitalization of $43.65 billion, a price-to-earnings ratio of 21.04, a price-to-earnings-growth ratio of 2.29 and a beta of 1.31.
eBay (NASDAQ:EBAY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.30 by $0.07. eBay had a net margin of 20.86% and a return on equity of 38.97%. The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter in the previous year, the firm earned $1.18 EPS. The company's quarterly revenue was up 6.1% compared to the same quarter last year. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Equities analysts forecast that eBay Inc. will post 3.86 EPS for the current fiscal year.
eBay Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were given a $0.29 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.2%. eBay's payout ratio is presently 25.55%.
Insider Activity
In other news, CEO Jamie Iannone sold 7,221 shares of eBay stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $92.33, for a total value of $666,714.93. Following the transaction, the chief executive officer owned 246,812 shares of the company's stock, valued at $22,788,151.96. The trade was a 2.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Cornelius Boone sold 4,439 shares of eBay stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $89.53, for a total transaction of $397,423.67. Following the completion of the transaction, the senior vice president directly owned 93,392 shares in the company, valued at approximately $8,361,385.76. The trade was a 4.54% decrease in their position. The disclosure for this sale can be found here. Insiders sold 96,743 shares of company stock worth $8,979,844 in the last quarter. 0.64% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Several research analysts recently commented on EBAY shares. Piper Sandler raised their price target on shares of eBay from $74.00 to $95.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Robert W. Baird raised their price target on shares of eBay from $89.00 to $100.00 and gave the stock an "outperform" rating in a research note on Monday, October 13th. President Capital raised shares of eBay from a "neutral" rating to a "buy" rating and raised their price target for the stock from $74.00 to $103.00 in a research note on Friday, September 19th. BMO Capital Markets raised shares of eBay from a "market perform" rating to an "outperform" rating and raised their price target for the stock from $70.00 to $102.00 in a research note on Thursday, July 31st. Finally, Needham & Company LLC raised their price target on shares of eBay from $78.00 to $95.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twenty have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $86.54.
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eBay Profile
(
Free Report)
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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