APG Asset Management N.V. Has $16.39 Million Position in eBay Inc. $EBAY

Key Points

• APG Asset Management N.V. reduced its stake in eBay by 2.4%, owning 261,400 shares valued at approximately $16.39 million after selling 6,500 shares.
• eBay has received multiple upgrades in analyst ratings, with Deutsche Bank raising the target price from $75.00 to $90.00 and Morgan Stanley increasing it from $81.00 to $89.00, while maintaining a "buy" rating.
• The company declared a quarterly dividend of $0.29, representing an annualized dividend yield of 1.2%, with the ex-dividend date on August 29th.

APG Asset Management N.V. lowered its stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 2.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 261,400 shares of the e-commerce company's stock after selling 6,500 shares during the period. APG Asset Management N.V. owned about 0.06% of eBay worth $16,390,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Groupe la Francaise purchased a new stake in eBay during the first quarter worth about $100,000. AlphaQuest LLC grew its stake in eBay by 60.9% in the 1st quarter. AlphaQuest LLC now owns 4,703 shares of the e-commerce company's stock valued at $319,000 after acquiring an additional 1,780 shares during the last quarter. Allstate Corp grew its stake in eBay by 32.0% in the 1st quarter. Allstate Corp now owns 18,913 shares of the e-commerce company's stock valued at $1,281,000 after acquiring an additional 4,580 shares during the last quarter. Compound Planning Inc. grew its stake in eBay by 10.8% in the 1st quarter. Compound Planning Inc. now owns 7,053 shares of the e-commerce company's stock valued at $478,000 after acquiring an additional 687 shares during the last quarter. Finally, Norinchukin Bank The grew its stake in eBay by 15.7% in the 1st quarter. Norinchukin Bank The now owns 25,770 shares of the e-commerce company's stock valued at $1,745,000 after acquiring an additional 3,506 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company's stock.

eBay Stock Down 2.3%

Shares of NASDAQ:EBAY traded down $2.13 during midday trading on Friday, reaching $90.38. The company had a trading volume of 4,484,835 shares, compared to its average volume of 5,637,471. 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 capitalization of $41.30 billion, a P/E ratio of 19.96, a PEG ratio of 2.26 and a beta of 1.27. eBay Inc. has a one year low of $56.33 and a one year high of $101.15. The stock's fifty day moving average price is $85.09 and its 200-day moving average price is $74.61.

eBay (NASDAQ:EBAY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, beating analysts' consensus estimates of $1.30 by $0.07. The business had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.The business's quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Equities research analysts expect 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 issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, August 29th. eBay's dividend payout ratio (DPR) is 25.55%.

Analysts Set New Price Targets

EBAY has been the topic of a number of research reports. Piper Sandler increased their price objective on shares of eBay from $74.00 to $95.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. upped their target price on shares of eBay from $66.00 to $68.00 and gave the company a "neutral" rating in a report on Friday, July 11th. Argus restated a "hold" rating on shares of eBay in a report on Thursday, August 14th. Truist Financial upped their target price on shares of eBay from $62.00 to $68.00 and gave the company a "hold" rating in a report on Thursday, May 1st. Finally, Wedbush restated a "neutral" rating and issued a $72.00 target price on shares of eBay in a report on Wednesday, June 11th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, eBay has a consensus rating of "Hold" and a consensus target price of $78.89.

Insiders Place Their Bets

In other eBay news, SVP Cornelius Boone sold 2,985 shares of eBay stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $78.67, for a total transaction of $234,829.95. Following the transaction, the senior vice president owned 92,053 shares of the company's stock, valued at $7,241,809.51. The trade was a 3.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of eBay stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $77.38, for a total value of $1,825,935.86. Following the sale, the senior vice president owned 44,413 shares of the company's stock, valued at approximately $3,436,677.94. This represents a 34.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 183,209 shares of company stock valued at $15,331,663 over the last three months. 0.64% of the stock is currently owned by company insiders.

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.