Livforsakringsbolaget Skandia Omsesidigt Boosts Stock Position in 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 increased its position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 50.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm 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 quarter.

Several other institutional investors have also recently made changes to their positions in the company. Kovitz Investment Group Partners LLC increased its stake in shares of eBay by 0.6% during the first quarter. Kovitz Investment Group Partners LLC now owns 23,039 shares of the e-commerce company's stock valued at $1,560,000 after buying an additional 143 shares during the period. Rosenberg Matthew Hamilton increased its stake in shares of eBay by 36.5% during the first quarter. Rosenberg Matthew Hamilton now owns 598 shares of the e-commerce company's stock valued at $41,000 after buying an additional 160 shares during the period. Capital Investment Advisory Services LLC increased its stake in shares of eBay by 4.0% during the first quarter. Capital Investment Advisory Services LLC now owns 4,201 shares of the e-commerce company's stock valued at $285,000 after buying an additional 160 shares during the period. Journey Strategic Wealth LLC increased its stake in shares of eBay by 4.4% during the first quarter. Journey Strategic Wealth LLC now owns 3,921 shares of the e-commerce company's stock valued at $266,000 after buying an additional 166 shares during the period. Finally, Hohimer Wealth Management LLC increased its stake in shares of eBay by 0.3% during the first quarter. Hohimer Wealth Management LLC now owns 59,414 shares of the e-commerce company's stock valued at $4,024,000 after buying an additional 167 shares during the period. Hedge funds and other institutional investors own 87.48% of the company's stock.

eBay Stock Performance

Shares of eBay stock traded up $1.51 on Friday, reaching $91.11. 10,937,989 shares of the stock were exchanged, compared to its average volume of 5,331,643. 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 Inc. has a twelve month low of $56.33 and a twelve month high of $101.15. The firm has a market capitalization of $41.64 billion, a price-to-earnings ratio of 20.07, a PEG ratio of 2.20 and a beta of 1.32. The business has a 50 day moving average price of $89.99 and a two-hundred day moving average price of $77.19.

eBay (NASDAQ:EBAY - Get Free Report) last released its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 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 firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter in the previous year, the company posted $1.18 earnings per share. 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. Analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Susquehanna raised their price target on eBay from $70.00 to $95.00 and gave the company a "neutral" rating in a research note on Friday, August 1st. UBS Group set a $87.00 price objective on eBay in a research report on Thursday, July 31st. Wall Street Zen downgraded eBay from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Wells Fargo & Company raised their price objective on eBay from $66.00 to $84.00 and gave the company an "equal weight" rating in a research report on Thursday, July 31st. Finally, Benchmark raised their price objective on eBay from $78.00 to $100.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. 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 given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $78.89.

Insider Activity at eBay

In related news, CEO Jamie Iannone sold 12,644 shares of eBay stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $76.02, for a total transaction of $961,196.88. Following the completion of the transaction, the chief executive officer directly owned 317,625 shares in the company, valued at approximately $24,145,852.50. This trade represents a 3.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Mazen Rawashdeh sold 1,910 shares of eBay stock in a transaction that occurred 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 transaction, the senior vice president owned 3,824 shares of the company's stock, valued at approximately $341,521.44. This represents a 33.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 157,553 shares of company stock valued at $13,505,983 in the last 90 days. 0.64% of the stock is currently owned by corporate insiders.

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.