MBB Public Markets I LLC Acquires Shares of 4,878 eBay Inc. $EBAY

Key Points

• MBB Public Markets I LLC acquired 4,878 shares of eBay Inc. in Q1, valued at approximately $330,000.
• Several institutional investors have significantly increased their holdings in eBay, with Impax Asset Management boosting its shares by 2,536.5%.
• eBay's recent quarterly earnings beat forecasts with $1.37 earnings per share, compared to analysts' expectations of $1.30.

MBB Public Markets I LLC purchased a new position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,878 shares of the e-commerce company's stock, valued at approximately $330,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in EBAY. Impax Asset Management Group plc lifted its holdings in shares of 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 acquiring an additional 3,401,198 shares during the period. Nuveen LLC bought a new stake in shares of eBay during the 1st quarter worth approximately $202,346,000. Pacer Advisors Inc. lifted its holdings in shares of eBay by 5,181.4% during the 1st quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company's stock worth $148,757,000 after acquiring an additional 2,154,735 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of eBay by 253.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,763,766 shares of the e-commerce company's stock worth $187,191,000 after acquiring an additional 1,981,011 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in shares of eBay by 7,928.1% during the 1st quarter. GAMMA Investing LLC now owns 841,748 shares of the e-commerce company's stock worth $57,012,000 after acquiring an additional 831,263 shares during the period. Institutional investors own 87.48% of the company's stock.

Insider Activity at eBay

In related news, CEO Jamie Iannone sold 12,644 shares of the firm's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $76.02, for a total transaction of $961,196.88. Following the completion of the sale, the chief executive officer 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the firm's stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $77.38, for a total transaction of $1,825,935.86. Following the sale, the senior vice president owned 44,413 shares of the company's stock, valued at $3,436,677.94. This trade represents a 34.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 167,580 shares of company stock valued at $14,097,198 over the last ninety days. Corporate insiders own 0.64% of the company's stock.

eBay Stock Down 0.4%

Shares of NASDAQ EBAY opened at $92.66 on Monday. eBay Inc. has a 12-month low of $56.33 and a 12-month high of $101.15. The firm has a market cap of $42.35 billion, a PE ratio of 20.41, a P/E/G ratio of 2.24 and a beta of 1.32. The company's fifty day simple moving average is $87.01 and its 200 day simple moving average is $75.61. 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 released its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, beating analysts' consensus estimates of $1.30 by $0.07. eBay had a net margin of 20.86% and a return on equity of 38.97%. The firm had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. During the same period last year, the firm earned $1.18 earnings per share. The business's quarterly 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 forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts recently commented on EBAY shares. Bank of America increased their price objective on shares of eBay from $89.00 to $101.00 and gave the company a "neutral" rating in a research note on Monday, August 25th. JPMorgan Chase & Co. increased their price objective on shares of eBay from $66.00 to $68.00 and gave the company a "neutral" rating in a research note on Friday, July 11th. Piper Sandler increased their price objective on shares of eBay from $74.00 to $95.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Stifel Nicolaus increased their price objective on shares of eBay from $62.00 to $68.00 and gave the company a "hold" rating in a research note on Tuesday, July 29th. Finally, Cfra Research upgraded shares of eBay to a "moderate buy" rating in a research report on Thursday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $78.89.

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.

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