Brandywine Global Investment Management LLC Acquires 116,899 Shares of eBay Inc. $EBAY

Key Points

• Brandywine Global Investment Management LLC increased its stake in eBay by 17.6%, owning approximately 782,713 shares worth $53 million as of its latest SEC filing.
• eBay reported $1.37 EPS for the last quarter, beating estimates and showing a 6.1% year-over-year revenue increase to $2.73 billion.
• The company declared a quarterly dividend of $0.29, with an ex-dividend date of August 29th, resulting in a 1.2% dividend yield.

Brandywine Global Investment Management LLC raised its stake in eBay Inc. (NASDAQ:EBAY - Free Report) by 17.6% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 782,713 shares of the e-commerce company's stock after purchasing an additional 116,899 shares during the period. Brandywine Global Investment Management LLC owned 0.17% of eBay worth $53,013,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of EBAY. Orion Capital Management LLC acquired a new position in shares of eBay in the 4th quarter worth approximately $27,000. Abound Financial LLC bought a new position in shares of eBay during the first quarter worth about $29,000. Pinney & Scofield Inc. acquired a new stake in shares of eBay in the 4th quarter worth about $31,000. Itau Unibanco Holding S.A. acquired a new position in eBay during the 4th quarter valued at about $33,000. Finally, Transce3nd LLC bought a new position in eBay in the 4th quarter worth about $36,000. Institutional investors own 87.48% of the company's stock.

eBay Stock Performance

Shares of EBAY traded up $0.86 during mid-day trading on Tuesday, hitting $99.89. The company's stock had a trading volume of 3,598,987 shares, compared to its average volume of 5,617,387. eBay Inc. has a one year low of $56.33 and a one year high of $101.15. The stock's 50-day moving average is $81.99 and its two-hundred day moving average is $73.06. The firm has a market capitalization of $45.65 billion, a PE ratio of 22.00, a price-to-earnings-growth ratio of 2.43 and a beta of 1.27. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00.

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 for the quarter, beating the consensus estimate of $1.30 by $0.07. The business had revenue of $2.73 billion during 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 firm's revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the company earned $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, sell-side analysts anticipate that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.2%. eBay's dividend payout ratio (DPR) is presently 25.55%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on EBAY. Piper Sandler boosted their price objective on eBay from $74.00 to $95.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Cowen restated a "hold" rating on shares of eBay in a research report on Tuesday, July 22nd. JMP Securities reiterated a "market perform" rating on shares of eBay in a research report on Thursday, May 1st. Benchmark lifted their price target on eBay from $78.00 to $100.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Finally, TD Securities increased their price objective on eBay from $62.00 to $64.00 and gave the stock a "hold" rating in a research note on Thursday, May 1st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $78.19.

Insider Activity

In related news, SVP Julie A. Loeger sold 92,895 shares of the firm's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $72.06, for a total transaction of $6,694,013.70. Following the completion of the sale, the senior vice president directly owned 123,282 shares of the company's stock, valued at $8,883,700.92. This trade represents a 42.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Cornelius Boone sold 2,985 shares of eBay stock in a transaction on Friday, June 6th. The shares were sold at an average price of $78.67, for a total value of $234,829.95. Following the completion of the transaction, the senior vice president owned 92,053 shares of the company's stock, valued at approximately $7,241,809.51. The trade was a 3.14% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 276,104 shares of company stock valued at $22,025,676 in the last ninety days. 0.64% of the stock is currently owned by corporate insiders.

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.