eBay Inc. $EBAY Shares Acquired by Jones Financial Companies Lllp

Key Points

• Jones Financial Companies Lllp increased its stake in eBay by 333.3%, acquiring an additional 27,070 shares, bringing its total holdings to 35,191 shares valued at $2,383,000.
• eBay recently announced a quarterly dividend of $0.29 per share, set to be paid on September 12th, representing an annualized yield of 1.3%.
• eBay reported earnings of $1.37 per share for the last quarter, exceeding analysts' expectations of $1.30 and showing a 6.1% increase in revenue year-over-year.

Jones Financial Companies Lllp increased its position in eBay Inc. (NASDAQ:EBAY - Free Report) by 333.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 35,191 shares of the e-commerce company's stock after buying an additional 27,070 shares during the quarter. Jones Financial Companies Lllp's holdings in eBay were worth $2,383,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd acquired a new position in shares of eBay during the first quarter worth approximately $311,000. Teza Capital Management LLC acquired a new stake in shares of eBay in the first quarter worth $1,002,000. USS Investment Management Ltd lifted its position in shares of eBay by 15.2% in the first quarter. USS Investment Management Ltd now owns 137,452 shares of the e-commerce company's stock worth $9,309,000 after purchasing an additional 18,180 shares in the last quarter. Parallax Volatility Advisers L.P. grew its holdings in shares of eBay by 114.0% during the 1st quarter. Parallax Volatility Advisers L.P. now owns 10,113 shares of the e-commerce company's stock valued at $685,000 after acquiring an additional 82,607 shares in the last quarter. Finally, Polar Asset Management Partners Inc. purchased a new stake in shares of eBay during the 1st quarter worth about $7,085,000. Institutional investors and hedge funds own 87.48% of the company's stock.

eBay Stock Down 1.4%

Shares of NASDAQ:EBAY traded down $1.28 on Tuesday, hitting $89.08. 4,509,596 shares of the company traded hands, compared to its average volume of 5,611,899. eBay Inc. has a 52 week low of $56.33 and a 52 week high of $101.15. The stock has a 50 day simple moving average of $88.92 and a 200-day simple moving average of $76.61. The company has a market cap of $40.71 billion, a PE ratio of 19.63, a PEG ratio of 2.20 and a beta of 1.32. 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 issued its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.64 billion. During the same period last year, the business posted $1.18 EPS. The company's revenue was up 6.1% compared to the same quarter last year. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, research analysts expect that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Dividend Announcement

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

Insider Buying and Selling

In other eBay news, CEO Jamie Iannone sold 12,644 shares of the business's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $76.02, for a total value of $961,196.88. Following the sale, the chief executive officer owned 317,625 shares in the company, valued at $24,145,852.50. The trade was a 3.83% 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 22,207 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $75.04, for a total value of $1,666,413.28. Following the transaction, the senior vice president owned 22,206 shares of the company's stock, valued at $1,666,338.24. This represents a 50.00% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 151,204 shares of company stock valued at $12,937,977. 0.64% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on EBAY. Arete upgraded shares of eBay from a "sell" rating to a "neutral" rating and set a $91.00 target price for the company in a research note on Thursday, August 7th. JPMorgan Chase & Co. increased their price objective on shares of eBay from $66.00 to $68.00 and gave the stock a "neutral" rating in a report on Friday, July 11th. Cantor Fitzgerald increased their price target on shares of eBay from $69.00 to $85.00 and gave the company a "neutral" rating in a research report on Thursday, July 31st. Wedbush restated a "neutral" rating and set a $72.00 target price on shares of eBay in a report on Wednesday, June 11th. Finally, UBS Group set a $87.00 target price on shares of eBay in a research report on Thursday, July 31st. 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 assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently 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.