MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH Has $8.29 Million Holdings in eBay Inc. $EBAY

Key Points

• MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its holdings in eBay Inc. by 17.6% in the second quarter, bringing their total investment to $8.29 million.
• Analysts have raised their price targets for eBay, with Deutsche Bank increasing it from $75.00 to $90.00 and several others following suit, indicating a generally positive outlook for the stock.
• eBay recently reported $1.37 earnings per share for the quarter, surpassing analysts' expectations of $1.30, and experienced a year-over-year revenue increase of 6.1%.

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its stake in eBay Inc. (NASDAQ:EBAY - Free Report) by 17.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 111,316 shares of the e-commerce company's stock after buying an additional 16,697 shares during the quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH's holdings in eBay were worth $8,289,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Kovitz Investment Group Partners LLC boosted its holdings in shares of eBay by 0.6% in the 1st 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 last quarter. Rosenberg Matthew Hamilton boosted its position in eBay by 36.5% during the first quarter. Rosenberg Matthew Hamilton now owns 598 shares of the e-commerce company's stock worth $41,000 after purchasing an additional 160 shares during the period. Capital Investment Advisory Services LLC boosted its position in 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 worth $285,000 after purchasing an additional 160 shares during the period. Journey Strategic Wealth LLC boosted its position in eBay by 4.4% during the first quarter. Journey Strategic Wealth LLC now owns 3,921 shares of the e-commerce company's stock worth $266,000 after purchasing an additional 166 shares during the period. Finally, Hohimer Wealth Management LLC boosted its position in eBay by 0.3% during the first quarter. Hohimer Wealth Management LLC now owns 59,414 shares of the e-commerce company's stock worth $4,024,000 after purchasing an additional 167 shares during the period. Institutional investors and hedge funds own 87.48% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on EBAY shares. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of eBay from $75.00 to $90.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Cantor Fitzgerald lifted their target price on eBay from $69.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday, July 31st. Morgan Stanley lifted their target price on eBay from $81.00 to $89.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. UBS Group set a $87.00 target price on eBay in a report on Thursday, July 31st. Finally, President Capital raised eBay from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $74.00 to $103.00 in a report on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $79.75.

eBay Stock Up 2.5%

Shares of NASDAQ EBAY opened at $93.36 on Thursday. 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's fifty day moving average is $90.86 and its 200 day moving average is $77.60. The stock has a market capitalization of $42.67 billion, a P/E ratio of 20.56, a PEG ratio of 2.20 and a beta of 1.32.

eBay (NASDAQ:EBAY - Get Free Report) last released its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts' expectations of $2.64 billion. During the same quarter in the previous year, the business posted $1.18 earnings per share. The business's revenue for the quarter was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Sell-side analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal 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 given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Friday, August 29th. eBay's payout ratio is currently 25.55%.

Insider Transactions at eBay

In other news, SVP Julie A. Loeger sold 75,952 shares of the business's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the sale, the senior vice president directly owned 53,107 shares in the company, valued at approximately $4,952,227.75. The trade was a 58.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Mazen Rawashdeh sold 1,910 shares of the business's stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total value of $170,582.10. Following the sale, the senior vice president owned 3,824 shares in the company, valued at approximately $341,521.44. This trade represents a 33.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 157,553 shares of company stock valued at $13,505,983. Company insiders own 0.64% of the company's stock.

About eBay

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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