JB Capital LLC Has $14.96 Million Holdings in eBay Inc. $EBAY

Key Points

• JB Capital LLC increased its stake in eBay by 2.7%, owning 200,848 shares valued at approximately $14.96 million, according to its 13F filing with the SEC.
• Institutional investors collectively own 87.48% of eBay's stock, with major acquisitions by firms such as Independent Franchise Partners LLP and Impax Asset Management Group.
• eBay reported $1.37 earnings per share (EPS) for the last quarter, exceeding analysts' expectations, and announced a quarterly dividend of $0.29.

JB Capital LLC boosted its stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 2.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 200,848 shares of the e-commerce company's stock after purchasing an additional 5,253 shares during the quarter. eBay accounts for approximately 0.7% of JB Capital LLC's holdings, making the stock its 28th biggest position. JB Capital LLC's holdings in eBay were worth $14,955,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Independent Franchise Partners LLP grew its holdings in shares of eBay by 4.6% in 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 purchasing an additional 510,629 shares during the last quarter. Invesco Ltd. lifted 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 buying an additional 627,823 shares in the last quarter. Northern Trust Corp lifted 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 buying an additional 300,216 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted 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 buying an additional 322,910 shares in the last quarter. Finally, Impax Asset Management Group plc lifted its position 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 worth $239,037,000 after buying an additional 3,401,198 shares in the last quarter. Institutional investors own 87.48% of the company's stock.

Insiders Place Their Bets

In related news, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of the firm's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $77.90, for a total value of $1,729,847.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Julie A. Loeger sold 75,952 shares of the firm's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the completion of the transaction, the senior vice president directly owned 53,107 shares of the company's stock, valued at $4,952,227.75. This represents a 58.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 118,949 shares of company stock valued at $10,709,691 in the last ninety days. 0.64% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on EBAY. Citizens Jmp upgraded shares of eBay to a "hold" rating in a research report on Thursday, July 10th. Arete upgraded shares of eBay from a "sell" rating to a "neutral" rating and set a $91.00 price target on the stock in a research report on Thursday, August 7th. Barclays restated an "overweight" rating and set a $92.00 target price (up from $77.00) on shares of eBay in a research report on Thursday, July 31st. Susquehanna upped their target price on shares of eBay from $70.00 to $95.00 and gave the company a "neutral" rating in a research report on Friday, August 1st. Finally, Wall Street Zen downgraded shares of eBay from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, eBay currently has an average rating of "Hold" and an average price target of $81.29.

eBay Price Performance

NASDAQ EBAY opened at $90.13 on Friday. The business has a 50 day simple moving average of $93.12 and a 200 day simple moving average of $79.50. eBay Inc. has a 52-week low of $56.33 and a 52-week high of $101.15. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market cap of $41.19 billion, a price-to-earnings ratio of 19.85, a PEG ratio of 2.22 and a beta of 1.31.

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 (EPS) for the quarter, topping 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 business had revenue of $2.73 billion during the quarter, compared to analysts' expectations of $2.64 billion. During the same period in the prior year, the business earned $1.18 EPS. eBay's revenue for the quarter was up 6.1% compared to the same quarter last year. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

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 $0.29 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. eBay's dividend payout ratio (DPR) is currently 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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