eBay Inc. $EBAY Stake Reduced by Fjarde AP Fonden Fourth Swedish National Pension Fund

Key Points

• The Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its holdings in eBay by 3.3%, owning 99,224 shares worth approximately $6.72 million after selling 3,400 shares.
• Insiders sold over 276,000 shares of eBay stock in recent months, with significant transactions reported by key executives, including CEO Jamie Iannone.
• eBay recently announced a quarterly dividend of $0.29 per share, representing an annualized dividend yield of 1.2%, to be paid on September 12th.

Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its stake in eBay Inc. (NASDAQ:EBAY - Free Report) by 3.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 99,224 shares of the e-commerce company's stock after selling 3,400 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in eBay were worth $6,720,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of EBAY. Orion Capital Management LLC purchased a new position in shares of eBay in the 4th quarter valued at approximately $27,000. Abound Financial LLC acquired a new stake in eBay in the 1st quarter valued at $29,000. Pinney & Scofield Inc. acquired a new stake in eBay in the 4th quarter valued at $31,000. Itau Unibanco Holding S.A. acquired a new stake in eBay in the 4th quarter valued at $33,000. Finally, Transce3nd LLC acquired a new stake in eBay in the 4th quarter valued at $36,000. 87.48% of the stock is owned by hedge funds and other institutional investors.

eBay Stock Performance

Shares of eBay stock traded down $0.7480 during trading hours on Wednesday, hitting $99.1420. 2,947,429 shares of the company were exchanged, compared to its average volume of 5,606,669. The business has a 50-day moving average of $82.41 and a 200-day moving average of $73.24. The stock has a market capitalization of $45.31 billion, a price-to-earnings ratio of 21.82, a P/E/G ratio of 2.39 and a beta of 1.27. 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 1 year low of $56.33 and a 1 year 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 for the quarter, beating 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 company had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same quarter in the prior year, the company earned $1.18 earnings per share. eBay'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. As a group, analysts expect that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be issued a $0.29 dividend. The ex-dividend date is Friday, August 29th. This represents a $1.16 annualized dividend and a yield of 1.2%. eBay's payout ratio is 25.55%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on EBAY. TD Securities lifted their price target on shares of eBay from $62.00 to $64.00 and gave the company a "hold" rating in a research note on Thursday, May 1st. Piper Sandler lifted their target price on shares of eBay from $74.00 to $95.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. UBS Group set a $87.00 target price on shares of eBay in a research note on Thursday, July 31st. Daiwa America raised shares of eBay from a "hold" rating to a "strong-buy" rating in a research note on Monday, May 12th. Finally, Cfra Research upgraded shares of eBay to a "moderate buy" rating in a research note on Thursday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $78.19.

Insiders Place Their Bets

In other eBay news, CEO Jamie Iannone sold 10,974 shares of eBay stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $75.75, for a total value of $831,280.50. Following the completion of the sale, the chief executive officer owned 306,651 shares in the company, valued at $23,228,813.25. The trade was a 3.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of eBay stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $77.90, for a total value of $1,729,847.40. The disclosure for this sale can be found here. Insiders have sold 183,209 shares of company stock worth $15,331,663 over the last 90 days. Corporate insiders own 0.64% of the company's stock.

eBay 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.