Erste Asset Management GmbH Purchases 8,000 Shares of eBay Inc. $EBAY

Key Points

• Erste Asset Management GmbH increased its stake in eBay Inc. by 11.1%, purchasing an additional 8,000 shares in the first quarter, bringing its total ownership to approximately $5.36 million.
• eBay recently announced a quarterly dividend of $0.29 per share, which will be paid on September 12th, representing an annual yield of 1.2%.
• The company's latest earnings report showed an EPS of $1.37, surpassing estimates and reflecting a 6.1% increase in revenue compared to the same quarter last year.

Erste Asset Management GmbH grew its position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 11.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 80,183 shares of the e-commerce company's stock after purchasing an additional 8,000 shares during the quarter. Erste Asset Management GmbH's holdings in eBay were worth $5,363,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Credit Agricole S A raised its holdings in eBay by 12.3% during the 1st quarter. Credit Agricole S A now owns 319,320 shares of the e-commerce company's stock worth $21,628,000 after purchasing an additional 34,977 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of eBay by 3.5% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 212,545 shares of the e-commerce company's stock valued at $14,395,000 after acquiring an additional 7,192 shares in the last quarter. Groupama Asset Managment increased its stake in shares of eBay by 26.3% in the 1st quarter. Groupama Asset Managment now owns 10,193 shares of the e-commerce company's stock valued at $685,000 after acquiring an additional 2,124 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of eBay by 6.5% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 706,039 shares of the e-commerce company's stock valued at $47,820,000 after acquiring an additional 43,190 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in shares of eBay by 85.2% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 660,284 shares of the e-commerce company's stock valued at $44,720,000 after acquiring an additional 303,754 shares in the last quarter. Institutional investors own 87.48% of the company's stock.

eBay Stock Performance

NASDAQ EBAY opened at $99.15 on Thursday. The company has a fifty day simple moving average of $82.83 and a 200 day simple moving average of $73.42. eBay Inc. has a 12-month low of $56.33 and a 12-month high of $101.15. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. The company has a market cap of $45.31 billion, a P/E ratio of 21.84, a PEG ratio of 2.42 and a beta of 1.27.

eBay (NASDAQ:EBAY - Get Free Report) last posted its quarterly 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 business had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter last year, the firm posted $1.18 EPS. 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. Sell-side analysts predict that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The company 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. This represents a $1.16 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 29th. eBay's payout ratio is currently 25.55%.

Analyst Ratings Changes

Several research firms have recently weighed in on EBAY. Stifel Nicolaus lifted their price objective on shares of eBay from $62.00 to $68.00 and gave the company a "hold" rating in a research note on Tuesday, July 29th. Wedbush reiterated a "neutral" rating and issued a $72.00 price objective on shares of eBay in a research note on Wednesday, June 11th. Susquehanna lifted their price objective on shares of eBay from $70.00 to $95.00 and gave the company a "neutral" rating in a research note on Friday, August 1st. Evercore ISI lifted their price objective on shares of eBay from $63.00 to $69.00 and gave the company an "in-line" rating in a research note on Thursday, May 1st. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of eBay from $75.00 to $90.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, eBay presently has a consensus rating of "Hold" and an average target price of $78.19.

Insider Activity

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of eBay stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $77.38, for a total transaction of $1,825,935.86. Following the transaction, the senior vice president directly owned 44,413 shares of the company's stock, valued at $3,436,677.94. The trade was a 34.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jamie Iannone sold 12,644 shares of eBay stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $76.02, for a total transaction of $961,196.88. Following the transaction, the chief executive officer directly owned 317,625 shares in the company, valued at $24,145,852.50. This represents a 3.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 183,209 shares of company stock valued at $15,331,663 over the last quarter. 0.64% of the stock is owned by insiders.

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.

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