eBay Inc. $EBAY Shares Purchased by Fuller & Thaler Asset Management Inc.

Key Points

• Fuller & Thaler Asset Management Inc. increased its stake in eBay Inc. by 12.8% during the first quarter, owning 325,213 shares valued at approximately $22.03 million.
• eBay recently reported $1.37 earnings per share (EPS), surpassing analysts' expectations of $1.30, with quarterly revenue of $2.73 billion, up 6.1% year-over-year.
• The company announced a quarterly dividend of $0.29 per share, representing an annualized dividend of $1.16 and a yield of 1.2%.

Fuller & Thaler Asset Management Inc. lifted its position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 12.8% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 325,213 shares of the e-commerce company's stock after purchasing an additional 36,807 shares during the quarter. Fuller & Thaler Asset Management Inc. owned about 0.07% of eBay worth $22,027,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of EBAY. Impax Asset Management Group plc grew its holdings in shares of eBay by 2,536.5% during the 1st quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company's stock worth $239,037,000 after purchasing an additional 3,401,198 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of eBay by 12.4% during the 4th quarter. Ameriprise Financial Inc. now owns 28,493,042 shares of the e-commerce company's stock worth $1,765,148,000 after purchasing an additional 3,149,934 shares during the period. Nuveen LLC purchased a new stake in shares of eBay during the 1st quarter worth about $202,346,000. Pacer Advisors Inc. grew its holdings in shares of eBay by 5,181.4% during the 1st quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company's stock worth $148,757,000 after purchasing an additional 2,154,735 shares during the period. Finally, Northern Trust Corp grew its holdings in shares of eBay by 17.8% during the 4th quarter. Northern Trust Corp now owns 6,809,265 shares of the e-commerce company's stock worth $421,834,000 after purchasing an additional 1,030,292 shares during the period. Hedge funds and other institutional investors own 87.48% of the company's stock.

eBay Stock Up 0.4%

Shares of EBAY traded up $0.36 during trading on Friday, reaching $99.22. The company's stock had a trading volume of 6,650,901 shares, compared to its average volume of 7,042,917. The company has a fifty day moving average of $83.70 and a two-hundred day moving average of $73.86. eBay Inc. has a twelve month low of $56.33 and a twelve month high of $101.15. The company has a market cap of $45.34 billion, a price-to-earnings ratio of 21.85, a P/E/G ratio of 2.39 and a beta of 1.27. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05.

eBay (NASDAQ:EBAY - Get Free Report) last announced its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 period in the prior year, the company posted $1.18 EPS. eBay's quarterly revenue was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, sell-side analysts predict that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Susquehanna boosted their target price on eBay from $70.00 to $95.00 and gave the stock a "neutral" rating in a report on Friday, August 1st. Cantor Fitzgerald upped their price target on eBay from $69.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday, July 31st. Argus restated a "hold" rating on shares of eBay in a report on Thursday, August 14th. Wall Street Zen cut eBay from a "buy" rating to a "hold" rating in a report on Sunday, August 10th. Finally, Truist Financial upped their price target on eBay from $62.00 to $68.00 and gave the stock a "hold" rating in a report on Thursday, May 1st. One investment 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, eBay presently has an average rating of "Hold" and a consensus price target of $78.19.

Insider Transactions at eBay

In related news, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of the company's stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $77.90, for a total transaction of $1,729,847.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Cornelius Boone sold 2,985 shares of the company's stock in a transaction that occurred 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 sale, the senior vice president directly owned 92,053 shares in the company, valued at approximately $7,241,809.51. This represents a 3.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 183,209 shares of company stock valued at $15,331,663. 0.64% of the stock is currently 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.