Livforsakringsbolaget Skandia Omsesidigt Buys 62,600 Shares of eBay Inc. $EBAY

Key Points

• Livforsakringsbolaget Skandia Omsesidigt increased its stake in eBay by 50.3%, owning a total of $13.93 million and 187,126 shares as of the latest SEC filing.
• eBay recently reported quarterly earnings that exceeded analysts' expectations, with $1.37 EPS on revenues of $2.73 billion, indicating a 6.1% year-over-year growth.
• The company's stock has experienced insider trading activity, with significant shares sold by executives, including CEO Jamie Iannone, who sold over 7,000 shares recently.

Livforsakringsbolaget Skandia Omsesidigt lifted its position in eBay Inc. (NASDAQ:EBAY - Free Report) by 50.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 187,126 shares of the e-commerce company's stock after buying an additional 62,600 shares during the period. Livforsakringsbolaget Skandia Omsesidigt's holdings in eBay were worth $13,928,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of EBAY. Wealth Preservation Advisors LLC purchased a new stake in shares of eBay during the first quarter valued at $26,000. Orion Capital Management LLC purchased a new stake in eBay in the 4th quarter worth about $27,000. Abound Financial LLC purchased a new stake in eBay in the 1st quarter worth about $29,000. Pinney & Scofield Inc. purchased a new stake in eBay in the 4th quarter worth about $31,000. Finally, Sierra Ocean LLC lifted its stake in eBay by 84.9% in the 1st quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company's stock worth $36,000 after acquiring an additional 247 shares in the last quarter. Institutional investors own 87.48% of the company's stock.

eBay Stock Performance

Shares of EBAY stock traded down $0.52 during trading on Monday, reaching $90.59. 4,547,134 shares of the company's stock were exchanged, compared to its average volume of 5,644,200. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of $41.40 billion, a PE ratio of 19.95, a PEG ratio of 2.20 and a beta of 1.32. eBay Inc. has a twelve month low of $56.33 and a twelve month high of $101.15. The firm's fifty day moving average price is $89.99 and its 200-day moving average price is $77.26.

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 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 for the quarter, compared to analyst estimates of $2.64 billion. During the same period in the previous year, the firm earned $1.18 EPS. The firm'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, sell-side analysts anticipate that eBay Inc. will post 3.86 EPS for the current year.

eBay Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 12th. Shareholders 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 annualized dividend and a yield of 1.3%. eBay's dividend payout ratio is presently 25.55%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on EBAY shares. JPMorgan Chase & Co. increased their price objective on eBay from $66.00 to $68.00 and gave the stock a "neutral" rating in a research note on Friday, July 11th. Benchmark upped their target price on eBay from $78.00 to $100.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Citizens Jmp raised eBay to a "hold" rating in a research report on Thursday, July 10th. Stifel Nicolaus raised their price objective on eBay from $62.00 to $68.00 and gave the company a "hold" rating in a research note on Tuesday, July 29th. Finally, Argus reaffirmed a "hold" rating on shares of eBay in a research report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $78.89.

Insider Buying and Selling

In other news, SVP Julie A. Loeger sold 75,952 shares of the 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 transaction, the senior vice president directly owned 53,107 shares in the company, valued at approximately $4,952,227.75. This represents a 58.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 22,207 shares of the firm's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $75.04, for a total value of $1,666,413.28. Following the transaction, the senior vice president directly owned 22,206 shares of the company's stock, valued at approximately $1,666,338.24. This represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 157,553 shares of company stock worth $13,505,983 in the last ninety days. Insiders own 0.64% of the company's stock.

eBay Company 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.