eBay Inc. $EBAY Shares Acquired by NBC Securities Inc.

Key Points

• NBC Securities Inc. has increased its stake in eBay by 20.1% during the second quarter, owning 20,266 shares valued at approximately $1.51 million.
• eBay's recent earnings report showed a 6.1% increase in revenue year-over-year, with EPS of $1.37 exceeding expectations by $0.07.
• The company declared a quarterly dividend of $0.29 per share, representing an annualized yield of 1.3% and a payout ratio of 25.55%.

NBC Securities Inc. increased its position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 20.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,266 shares of the e-commerce company's stock after purchasing an additional 3,390 shares during the quarter. NBC Securities Inc.'s holdings in eBay were worth $1,509,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Independent Franchise Partners LLP raised its stake in shares of eBay by 4.6% during the 1st quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company's stock worth $791,714,000 after buying an additional 510,629 shares during the last quarter. Invesco Ltd. raised its position in eBay by 8.0% during the first quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company's stock worth $571,736,000 after acquiring an additional 627,823 shares during the last quarter. Northern Trust Corp raised its position in eBay by 4.4% during the first quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company's stock worth $481,525,000 after acquiring an additional 300,216 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of eBay by 5.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company's stock valued at $417,021,000 after purchasing an additional 322,910 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of eBay by 7.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,834,195 shares of the e-commerce company's stock valued at $361,428,000 after purchasing an additional 386,568 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company's stock.

Insiders Place Their Bets

In other news, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of the business's stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $77.90, for a total transaction of $1,729,847.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Julie A. Loeger sold 75,952 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the completion of the transaction, the senior vice president owned 53,107 shares in the company, valued at $4,952,227.75. The trade was a 58.85% decrease in their position. The disclosure for this sale can be found here. Insiders sold 151,204 shares of company stock worth $12,937,977 over the last three months. 0.64% of the stock is owned by insiders.

Analysts Set New Price Targets

EBAY has been the subject of several research reports. Bank of America lifted their price objective on eBay from $89.00 to $101.00 and gave the stock a "neutral" rating in a research report on Monday, August 25th. Cowen restated a "hold" rating on shares of eBay in a research report on Tuesday, July 22nd. Cantor Fitzgerald increased their price objective on eBay from $69.00 to $85.00 and gave the company a "neutral" rating in a research note on Thursday, July 31st. Deutsche Bank Aktiengesellschaft boosted their target price on shares of eBay from $75.00 to $90.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. Finally, Stifel Nicolaus raised their price target on shares of eBay from $62.00 to $68.00 and gave the stock a "hold" rating in a research note on Tuesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $78.89.

eBay Trading Down 0.5%

NASDAQ EBAY opened at $90.36 on Tuesday. The company has a market cap of $41.29 billion, a P/E ratio of 19.90, a P/E/G ratio of 2.20 and a beta of 1.32. eBay Inc. has a 12 month low of $56.33 and a 12 month high of $101.15. 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 company has a 50-day moving average of $88.92 and a 200-day moving average of $76.61.

eBay (NASDAQ:EBAY - Get Free Report) last released its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 net margin of 20.86% and a return on equity of 38.97%. eBay's revenue was up 6.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, equities analysts predict that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, August 29th. eBay's payout ratio is 25.55%.

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.

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