Caisse DE Depot ET Placement DU Quebec Acquires 625,545 Shares of eBay Inc. $EBAY

Key Points

• Caisse DE Depot ET Placement DU Quebec significantly increased its holdings in eBay, acquiring an additional 625,545 shares, bringing its total ownership to 725,488 shares, valued at approximately $49 million.
• eBay's recent quarterly earnings exceeded analyst expectations, reporting $1.37 EPS against an estimate of $1.30, with revenues of $2.73 billion compared to a consensus estimate of $2.64 billion.
• The company announced a quarterly dividend of $0.29 per share, representing a 1.2% yield, scheduled to be paid on September 12th to shareholders of record on August 29th.

Caisse DE Depot ET Placement DU Quebec boosted its position in eBay Inc. (NASDAQ:EBAY - Free Report) by 625.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 725,488 shares of the e-commerce company's stock after purchasing an additional 625,545 shares during the period. Caisse DE Depot ET Placement DU Quebec owned 0.16% of eBay worth $49,137,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of EBAY. Orion Capital Management LLC bought a new stake in shares of eBay in the 4th quarter valued at $27,000. Abound Financial LLC bought a new position in eBay during the first quarter worth $29,000. Pinney & Scofield Inc. acquired a new stake in eBay in the fourth quarter worth $31,000. Itau Unibanco Holding S.A. acquired a new stake in eBay in the fourth quarter worth $33,000. Finally, Sierra Ocean LLC increased 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 purchasing an additional 247 shares in the last quarter. 87.48% of the stock is currently owned by institutional investors.

eBay Stock Down 0.9%

Shares of eBay stock traded down $0.87 during midday trading on Thursday, hitting $92.80. The company had a trading volume of 6,203,059 shares, compared to its average volume of 6,886,510. eBay Inc. has a 52-week low of $56.33 and a 52-week high of $101.15. 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 stock has a market capitalization of $42.41 billion, a P/E ratio of 20.44, a P/E/G ratio of 2.26 and a beta of 1.27. The company has a 50 day moving average of $85.09 and a 200 day moving average of $74.61.

eBay (NASDAQ:EBAY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, beating analysts' consensus estimates of $1.30 by $0.07. The firm had revenue of $2.73 billion for 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 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 company posted $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, equities analysts predict that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 29th will be given 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 dividend yield of 1.3%. eBay's dividend payout ratio is presently 25.55%.

Insider Buying and Selling at eBay

In other eBay news, CEO Jamie Iannone sold 12,644 shares of the company's 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 sale, the chief executive officer directly owned 317,625 shares of the company's stock, valued at approximately $24,145,852.50. This represents a 3.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Julie A. Loeger sold 75,952 shares of eBay stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $93.25, for a total value of $7,082,524.00. Following the transaction, the senior vice president directly owned 53,107 shares in the company, 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 have sold 183,209 shares of company stock worth $15,331,663 over the last quarter. Company insiders own 0.64% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on EBAY shares. Cfra Research raised eBay to a "moderate buy" rating in a research note on Thursday, June 5th. Evercore ISI upped their target price on eBay from $63.00 to $69.00 and gave the stock an "in-line" rating in a research report on Thursday, May 1st. Wells Fargo & Company increased their target price on eBay from $66.00 to $84.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st. Piper Sandler upped their price objective on shares of eBay from $74.00 to $95.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Finally, Cowen reaffirmed a "hold" rating on shares of eBay in a research note on Tuesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $78.89.

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.