Federation des caisses Desjardins du Quebec Has $3.77 Million Stock Holdings in eBay Inc. $EBAY

Key Points

• The Federation des caisses Desjardins du Quebec significantly reduced its stake in eBay Inc. by 59.6%, now holding 55,705 shares worth approximately $3.77 million.
• eBay recently reported a quarterly EPS of $1.37, exceeding expectations, and its revenue rose by 6.1% year-over-year, reaching $2.73 billion.
• The company declared a quarterly dividend of $0.29 per share, with a 1.2% dividend yield and an ex-dividend date set for August 29th.

Federation des caisses Desjardins du Quebec lessened its stake in eBay Inc. (NASDAQ:EBAY - Free Report) by 59.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,705 shares of the e-commerce company's stock after selling 82,179 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in eBay were worth $3,773,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Marvin & Palmer Associates Inc. acquired a new stake in eBay in the 1st quarter valued at approximately $2,958,000. Assenagon Asset Management S.A. raised its position in eBay by 0.5% in the 1st quarter. Assenagon Asset Management S.A. now owns 53,089 shares of the e-commerce company's stock valued at $3,596,000 after buying an additional 246 shares during the last quarter. IFP Advisors Inc raised its position in eBay by 59.6% in the 1st quarter. IFP Advisors Inc now owns 3,857 shares of the e-commerce company's stock valued at $261,000 after buying an additional 1,440 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in eBay by 2.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 79,452 shares of the e-commerce company's stock valued at $5,381,000 after buying an additional 2,095 shares during the last quarter. Finally, National Pension Service raised its position in eBay by 0.7% in the 1st quarter. National Pension Service now owns 894,594 shares of the e-commerce company's stock valued at $60,591,000 after buying an additional 5,782 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company's stock.

eBay Stock Performance

Shares of EBAY stock traded up $0.36 during trading on Monday, reaching $93.02. 6,846,610 shares of the company's stock were exchanged, compared to its average volume of 5,661,066. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of $42.51 billion, a PE ratio of 20.49, a PEG ratio of 2.24 and a beta of 1.32. eBay Inc. has a twelve month low of $56.33 and a twelve month high of $101.15. The firm's fifty day moving average price is $87.38 and its 200-day moving average price is $75.77.

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, topping analysts' consensus estimates of $1.30 by $0.07. The business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.The firm's revenue was up 6.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.18 EPS. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Investors 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 payout ratio is presently 25.55%.

Insider Buying and Selling

In related news, SVP Julie A. Loeger sold 75,952 shares of the business's 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 transaction, the senior vice president directly owned 53,107 shares of the company's stock, valued at approximately $4,952,227.75. The trade was a 58.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the business's stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $77.38, for a total value of $1,825,935.86. Following the transaction, the senior vice president directly owned 44,413 shares in the company, valued at $3,436,677.94. The trade was a 34.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 174,801 shares of company stock valued at $14,763,913. 0.64% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. JPMorgan Chase & Co. lifted their target price on eBay from $66.00 to $68.00 and gave the company a "neutral" rating in a research report on Friday, July 11th. Needham & Company LLC lifted their target price on eBay from $78.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft lifted their target price on eBay from $75.00 to $90.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. Benchmark raised their price target on eBay from $78.00 to $100.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Finally, Robert W. Baird raised their price target on eBay from $75.00 to $80.00 and gave the company an "outperform" rating in a research note on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, eBay has a consensus rating of "Hold" and a consensus price target of $78.89.

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.