Diversified Trust Co Reduces Stock Holdings in eBay Inc. $EBAY

Key Points

• Diversified Trust Co reduced its stake in eBay Inc. by 12.5%, owning 84,530 shares worth approximately $6.29 million after the sale.
• eBay announced a quarterly dividend of $0.29 per share, resulting in an annualized dividend of $1.16 and a yield of 1.3%.
• Analysts have a mixed outlook on eBay, with a consensus rating of "Hold" and an average target price of $78.89, as several firms raised their price objectives for the stock.

Diversified Trust Co lessened its holdings in eBay Inc. (NASDAQ:EBAY - Free Report) by 12.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,530 shares of the e-commerce company's stock after selling 12,094 shares during the period. Diversified Trust Co's holdings in eBay were worth $6,294,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Impax Asset Management Group plc boosted its holdings in eBay by 2,536.5% in the 1st quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company's stock worth $239,037,000 after buying an additional 3,401,198 shares during the period. Nuveen LLC bought a new stake in shares of eBay during the 1st quarter worth $202,346,000. Pacer Advisors Inc. lifted its stake in eBay by 5,181.4% in the first quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company's stock worth $148,757,000 after purchasing an additional 2,154,735 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in eBay by 253.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 2,763,766 shares of the e-commerce company's stock worth $187,191,000 after purchasing an additional 1,981,011 shares during the last quarter. Finally, Acadian Asset Management LLC lifted its stake in eBay by 84.2% in the first quarter. Acadian Asset Management LLC now owns 2,005,141 shares of the e-commerce company's stock worth $135,773,000 after purchasing an additional 916,596 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Cantor Fitzgerald boosted their price target on shares of eBay from $69.00 to $85.00 and gave the company a "neutral" rating in a research report on Thursday, July 31st. BMO Capital Markets upgraded shares of eBay from a "market perform" rating to an "outperform" rating and upped their target price for the stock from $70.00 to $102.00 in a research note on Thursday, July 31st. Deutsche Bank Aktiengesellschaft increased their price objective on shares of eBay from $75.00 to $90.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. Robert W. Baird increased their price objective on shares of eBay from $75.00 to $80.00 and gave the company an "outperform" rating in a research report on Thursday, July 10th. Finally, Cfra Research raised shares of eBay to a "moderate buy" rating in a report on Thursday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $79.75.

eBay Stock Performance

Shares of EBAY stock traded down $0.12 during trading hours on Tuesday, hitting $90.47. The company's stock had a trading volume of 1,061,889 shares, compared to its average volume of 5,619,770. The company has a 50 day moving average of $90.25 and a 200 day moving average of $77.40. The stock has a market cap of $41.34 billion, a PE ratio of 19.97, a price-to-earnings-growth ratio of 2.20 and a beta of 1.32. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. eBay Inc. has a 12-month low of $56.33 and a 12-month high of $101.15.

eBay (NASDAQ:EBAY - Get Free Report) last posted its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts' expectations of $2.64 billion. During the same period in the previous year, the business posted $1.18 EPS. The business's 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. On average, sell-side analysts forecast that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Dividend Announcement

The business also recently disclosed 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. The ex-dividend date was Friday, August 29th. This represents a $1.16 dividend on an annualized basis and a yield of 1.3%. eBay's dividend payout ratio is currently 25.55%.

Insider Activity at eBay

In other news, SVP Jordan Douglas Bradle Sweetnam sold 22,207 shares of the stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $75.04, for a total value of $1,666,413.28. Following the completion of the sale, the senior vice president directly owned 22,206 shares in the company, valued at $1,666,338.24. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Cornelius Boone sold 4,439 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $89.53, for a total transaction of $397,423.67. Following the completion of the sale, the senior vice president owned 93,392 shares of the company's stock, valued at $8,361,385.76. This trade represents a 4.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 157,553 shares of company stock valued at $13,505,983 in the last three months. Company insiders own 0.64% of the company's stock.

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.