eBay Inc. $EBAY Stock Position Lifted by TB Alternative Assets Ltd.

Key Points

• TB Alternative Assets Ltd. increased its stake in eBay by 189.1% during the second quarter, owning 184,169 shares valued at approximately $13.7 million.
• eBay reported a quarterly earnings per share of $1.37, exceeding estimates, with revenues of $2.73 billion, up 6.1% year-over-year.
• The company recently declared a quarterly dividend of $0.29, representing an annual yield of 1.2%, with a payout ratio of 25.55%.

TB Alternative Assets Ltd. grew its stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 189.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 184,169 shares of the e-commerce company's stock after buying an additional 120,466 shares during the quarter. eBay comprises 2.5% of TB Alternative Assets Ltd.'s holdings, making the stock its 13th biggest position. TB Alternative Assets Ltd.'s holdings in eBay were worth $13,713,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Forum Financial Management LP grew its holdings in eBay by 43.2% during the fourth quarter. Forum Financial Management LP now owns 4,680 shares of the e-commerce company's stock worth $290,000 after acquiring an additional 1,411 shares during the period. Mackenzie Financial Corp raised its holdings in shares of eBay by 17.4% in the 4th quarter. Mackenzie Financial Corp now owns 105,665 shares of the e-commerce company's stock worth $6,546,000 after purchasing an additional 15,639 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in eBay during the fourth quarter valued at approximately $38,000. Integrated Advisors Network LLC bought a new stake in eBay during the fourth quarter worth approximately $210,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in eBay by 47.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 77,357 shares of the e-commerce company's stock worth $4,792,000 after buying an additional 24,840 shares in the last quarter. Institutional investors own 87.48% of the company's stock.

Analyst Upgrades and Downgrades

EBAY has been the subject of a number of recent research reports. Bank of America raised their price objective on eBay from $89.00 to $101.00 and gave the stock a "neutral" rating in a research note on Monday, August 25th. Barclays reiterated an "overweight" rating and issued a $92.00 price target (up previously from $77.00) on shares of eBay in a research report on Thursday, July 31st. Stifel Nicolaus lifted their target price on shares of eBay from $62.00 to $68.00 and gave the stock a "hold" rating in a research report on Tuesday, July 29th. Susquehanna raised their price objective on shares of eBay from $70.00 to $95.00 and gave the stock a "neutral" rating in a research note on Friday, August 1st. Finally, Argus reiterated a "hold" rating on shares of eBay in a report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $79.75.

eBay Stock Up 2.5%

NASDAQ EBAY opened at $93.36 on Thursday. eBay Inc. has a one year low of $56.33 and a one year high of $101.15. The firm has a market cap of $42.67 billion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 2.20 and a beta of 1.32. 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's 50 day simple moving average is $90.86 and its 200 day simple moving average is $77.60.

eBay (NASDAQ:EBAY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.07. eBay had a return on equity of 38.97% and a net margin of 20.86%.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 company's quarterly 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. As a group, sell-side analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were given a $0.29 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.2%. eBay's payout ratio is currently 25.55%.

Insider Activity

In other news, SVP Julie A. Loeger sold 75,952 shares of eBay stock in a transaction that occurred on Monday, August 4th. The stock was 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 directly owned 53,107 shares in the company, valued at approximately $4,952,227.75. The trade was a 58.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Mazen Rawashdeh sold 1,910 shares of the company's stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total transaction of $170,582.10. Following the completion of the transaction, the senior vice president owned 3,824 shares in the company, valued at $341,521.44. This trade represents a 33.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 157,553 shares of company stock worth $13,505,983. Corporate 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.

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