Intech Investment Management LLC Has $9.98 Million Stock Position in eBay Inc. $EBAY

Key Points

• Intech Investment Management LLC reduced its stake in eBay by 57.4%, holding 147,341 shares now valued at approximately $9.98 million as of their latest SEC filing.
• Several institutional investors, including Independent Franchise Partners LLP and Invesco Ltd., increased their stakes in eBay during the first quarter.
• eBay's quarterly earnings report showed an EPS of $1.37, exceeding expectations, and the company announced a quarterly dividend of $0.29 per share, which yields 1.3% annually.

Intech Investment Management LLC lowered its holdings in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 57.4% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 147,341 shares of the e-commerce company's stock after selling 198,141 shares during the period. Intech Investment Management LLC's holdings in eBay were worth $9,979,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Independent Franchise Partners LLP raised its holdings in shares of eBay by 4.6% during the 1st quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company's stock worth $791,714,000 after buying an additional 510,629 shares in the last quarter. Invesco Ltd. grew its position in eBay by 8.0% during the 1st quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company's stock worth $571,736,000 after acquiring an additional 627,823 shares during the last quarter. Northern Trust Corp grew its position in eBay by 4.4% during the 1st quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company's stock worth $481,525,000 after acquiring an additional 300,216 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in eBay by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company's stock worth $417,021,000 after acquiring an additional 322,910 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in eBay by 7.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,834,195 shares of the e-commerce company's stock worth $361,428,000 after acquiring an additional 386,568 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company's stock.

Analyst Upgrades and Downgrades

EBAY has been the topic of a number of research reports. Citizens Jmp upgraded eBay to a "hold" rating in a research report on Thursday, July 10th. Stifel Nicolaus increased their price objective on eBay from $62.00 to $68.00 and gave the company a "hold" rating in a report on Tuesday, July 29th. Wall Street Zen lowered eBay from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Bank of America raised their target price on eBay from $89.00 to $101.00 and gave the stock a "neutral" rating in a research note on Monday, August 25th. Finally, JPMorgan Chase & Co. raised their target price on eBay from $66.00 to $68.00 and gave the company a "neutral" rating in a research note on Friday, July 11th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $78.89.

Insider Activity at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of eBay stock in a transaction 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 completion of the sale, the senior vice president owned 44,413 shares of the company's stock, valued at approximately $3,436,677.94. This trade represents a 34.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Julie A. Loeger sold 75,952 shares of eBay stock in a transaction on Monday, August 4th. The stock was sold at an average price of $93.25, for a total value of $7,082,524.00. Following the completion of the sale, 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 disclosure for this sale can be found here. Insiders sold a total of 174,801 shares of company stock valued at $14,763,913 in the last 90 days. Corporate insiders own 0.64% of the company's stock.

eBay Price Performance

Shares of NASDAQ EBAY opened at $91.29 on Thursday. The stock has a market cap of $41.72 billion, a PE ratio of 20.11, a price-to-earnings-growth ratio of 2.24 and a beta of 1.32. eBay Inc. has a fifty-two week low of $56.33 and a fifty-two week high of $101.15. The stock has a fifty day moving average of $88.02 and a 200-day moving average of $75.99. 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 issued its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.07. The firm had revenue of $2.73 billion during 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 company's revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Equities research analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 29th. eBay's dividend payout ratio (DPR) is 25.55%.

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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