Dimensional Fund Advisors LP Sells 445,231 Shares of eBay Inc. $EBAY

Key Points

• Dimensional Fund Advisors LP has reduced its stake in eBay Inc. by 6.3%, selling 445,231 shares, and now holds approximately 1.43% of the company, valued at $446.1 million.
• Multiple analysts have increased eBay's target price, with Piper Sandler raising it from $74.00 to $95.00, reflecting strong support for the stock amidst a consensus rating of "Hold."
• eBay plans to pay a quarterly dividend of $0.29 to shareholders on September 12th, resulting in a 1.2% dividend yield based on its annualized payout.

Dimensional Fund Advisors LP trimmed its position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 6.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,587,105 shares of the e-commerce company's stock after selling 445,231 shares during the period. Dimensional Fund Advisors LP owned 1.43% of eBay worth $446,100,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in EBAY. Orion Capital Management LLC bought a new stake in shares of eBay in the 4th quarter worth approximately $27,000. Abound Financial LLC acquired a new stake in shares of eBay during the first quarter valued at approximately $29,000. Pinney & Scofield Inc. acquired a new stake in shares of eBay during the fourth quarter valued at approximately $31,000. Itau Unibanco Holding S.A. acquired a new stake in shares of eBay during the fourth quarter valued at approximately $33,000. Finally, Transce3nd LLC acquired a new stake in shares of eBay during the fourth quarter valued at approximately $36,000. 87.48% of the stock is owned by institutional investors and hedge funds.

eBay Price Performance

Shares of EBAY stock traded down $0.41 during mid-day trading on Wednesday, reaching $99.48. The company's stock had a trading volume of 3,603,239 shares, compared to its average volume of 5,611,527. The company has a market cap of $45.46 billion, a P/E ratio of 21.90, a PEG ratio of 2.39 and a beta of 1.27. 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 firm's 50-day moving average is $82.41 and its two-hundred day moving average is $73.24. eBay Inc. has a 1-year low of $56.33 and a 1-year 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.30 by $0.07. The business had revenue of $2.73 billion during the quarter, compared to analysts' expectations of $2.64 billion. eBay had a net margin of 20.86% and a return on equity of 38.97%. The firm's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter last year, the company posted $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, research analysts predict that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

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

Insider Activity

In other eBay news, SVP Cornelius Boone sold 2,985 shares of the stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $78.67, for a total value of $234,829.95. Following the completion of the sale, the senior vice president directly owned 92,053 shares in the company, valued at $7,241,809.51. This represents a 3.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jamie Iannone sold 12,644 shares of eBay stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $76.02, for a total transaction of $961,196.88. Following the completion of the transaction, the chief executive officer directly owned 317,625 shares in the company, valued at approximately $24,145,852.50. The trade was a 3.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold 183,209 shares of company stock worth $15,331,663 over the last quarter. 0.64% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on EBAY shares. UBS Group set a $87.00 price target on shares of eBay in a report on Thursday, July 31st. Daiwa Capital Markets upgraded shares of eBay from a "neutral" rating to a "buy" rating and set a $70.00 target price for the company in a research report on Monday, May 12th. 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 report on Thursday, August 7th. JMP Securities restated a "market perform" rating on shares of eBay in a research note on Thursday, May 1st. Finally, Needham & Company LLC increased 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 equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, eBay currently has an average rating of "Hold" and a consensus target price 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.