J. Safra Sarasin Holding AG Cuts Stake in eBay Inc. $EBAY

Key Points

• J. Safra Sarasin Holding AG has reduced its stake in eBay by 44.8%, now holding 23,635 shares valued at approximately $1.76 million.
• Several institutional investors increased their positions in eBay, including Impax Asset Management which boosted its stake by 2,536.5% during the first quarter.
• eBay recently reported a quarterly earnings increase, posting $1.37 per share, exceeding analyst expectations and marking a 6.1% increase in revenue year-over-year.

J. Safra Sarasin Holding AG decreased its position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 44.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,635 shares of the e-commerce company's stock after selling 19,214 shares during the quarter. J. Safra Sarasin Holding AG's holdings in eBay were worth $1,760,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Impax Asset Management Group plc boosted its stake in 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 valued at $239,037,000 after purchasing an additional 3,401,198 shares during the last quarter. Nuveen LLC purchased a new stake in shares of eBay during the first quarter valued at $202,346,000. Pacer Advisors Inc. boosted its position in shares of eBay by 5,181.4% during the first quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company's stock valued at $148,757,000 after buying an additional 2,154,735 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of eBay by 253.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 2,763,766 shares of the e-commerce company's stock valued at $187,191,000 after buying an additional 1,981,011 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its position in shares of eBay by 84.2% during the first quarter. Acadian Asset Management LLC now owns 2,005,141 shares of the e-commerce company's stock valued at $135,773,000 after buying an additional 916,596 shares during the last quarter. Hedge funds and other institutional investors own 87.48% of the company's stock.

Insider Activity at eBay

In other eBay news, SVP Mazen Rawashdeh sold 1,910 shares of the business's stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total value of $170,582.10. Following the sale, the senior vice president owned 3,824 shares in the company, valued at $341,521.44. The trade was a 33.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value of $1,729,847.40. The disclosure for this sale can be found here. Insiders have sold 111,728 shares of company stock worth $10,047,092 in the last 90 days. Company insiders own 0.64% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on EBAY. Deutsche Bank Aktiengesellschaft raised their price target on shares of eBay from $75.00 to $90.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Cantor Fitzgerald raised their target price on shares of eBay from $69.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday, July 31st. BMO Capital Markets upgraded shares of eBay from a "market perform" rating to an "outperform" rating and raised their target price for the stock from $70.00 to $102.00 in a report on Thursday, July 31st. Benchmark raised their price target on eBay from $78.00 to $100.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Finally, Arete Research upgraded eBay from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, eBay presently has an average rating of "Hold" and an average price target of $81.11.

eBay Trading Up 4.3%

Shares of NASDAQ:EBAY opened at $92.17 on Friday. The stock has a 50 day moving average of $92.32 and a 200 day moving average of $78.80. The company has a market cap of $42.12 billion, a PE ratio of 20.30, a price-to-earnings-growth ratio of 2.14 and a beta of 1.31. 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.

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 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 for the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter in the previous year, the firm earned $1.18 earnings per share. The company's revenue for the quarter was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, equities research analysts expect that eBay Inc. will post 3.86 EPS for the current year.

eBay Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Friday, August 29th were paid a dividend of $0.29 per share. The ex-dividend date was Friday, August 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. eBay's payout ratio is 25.55%.

About eBay

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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