Mutual of America Capital Management LLC Lowers Stock Position in eBay Inc. $EBAY

Key Points

• Mutual of America Capital Management LLC has reduced its stake in eBay by 5.2%, now holding 52,861 shares worth approximately $3.9 million.
• eBay reported a quarterly earnings per share of $1.37, surpassing estimates, with a 6.1% year-over-year revenue growth for the quarter.
• The company's dividend yield stands at 1.2%, with stockholders recently receiving a quarterly dividend of $0.29 per share.

Mutual of America Capital Management LLC lessened its stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 5.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,861 shares of the e-commerce company's stock after selling 2,879 shares during the quarter. Mutual of America Capital Management LLC's holdings in eBay were worth $3,936,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in EBAY. Independent Franchise Partners LLP boosted its position in shares of eBay by 4.6% during the first quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company's stock worth $791,714,000 after buying an additional 510,629 shares during the period. Nordea Investment Management AB boosted its holdings in eBay by 5.6% during the 2nd quarter. Nordea Investment Management AB now owns 9,085,603 shares of the e-commerce company's stock valued at $674,061,000 after acquiring an additional 478,410 shares during the period. Invesco Ltd. boosted its holdings in eBay by 8.0% during the 1st quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company's stock valued at $571,736,000 after acquiring an additional 627,823 shares during the period. Northern Trust Corp boosted its holdings in eBay by 4.4% during the 1st quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company's stock valued at $481,525,000 after acquiring an additional 300,216 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in eBay by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company's stock valued at $417,021,000 after acquiring an additional 322,910 shares during the period. Hedge funds and other institutional investors own 87.48% of the company's stock.

eBay Stock Up 0.4%

Shares of NASDAQ EBAY opened at $95.37 on Thursday. The company has a market capitalization of $43.58 billion, a price-to-earnings ratio of 21.01, a price-to-earnings-growth ratio of 2.29 and a beta of 1.31. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00. The business has a 50-day moving average of $92.75 and a two-hundred day moving average of $81.09. eBay Inc. has a 1 year low of $56.33 and a 1 year high of $101.15.

eBay (NASDAQ:EBAY - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.30 by $0.07. The company had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.eBay's revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were given a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, August 29th. eBay's payout ratio is currently 25.55%.

Insider Activity at eBay

In related news, CEO Jamie Iannone sold 7,221 shares of the business's stock in a transaction on Monday, October 6th. The shares were sold at an average price of $91.76, for a total value of $662,598.96. Following the completion of the sale, the chief executive officer directly owned 250,223 shares of the company's stock, valued at $22,960,462.48. The trade was a 2.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Cornelius Boone sold 4,439 shares of the business's stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $89.53, for a total value of $397,423.67. Following the completion of the sale, the senior vice president owned 93,392 shares of the company's stock, valued at approximately $8,361,385.76. This represents a 4.54% decrease in their position. The disclosure for this sale can be found here. Insiders sold 96,743 shares of company stock valued at $8,979,844 in the last ninety days. 0.64% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. JPMorgan Chase & Co. raised 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. Stifel Nicolaus raised their price target on shares of eBay from $62.00 to $68.00 and gave the company a "hold" rating in a research report on Tuesday, July 29th. Cowen reissued a "hold" rating on shares of eBay in a research report on Monday. Robert W. Baird lifted their target price on eBay from $89.00 to $100.00 and gave the company an "outperform" rating in a report on Monday, October 13th. Finally, Needham & Company LLC lifted their target price on eBay from $78.00 to $95.00 and gave the company a "buy" rating in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twenty have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, eBay currently has a consensus rating of "Hold" and an average target price of $86.54.

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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