Neuberger Berman Group LLC Purchases 10,160 Shares of eBay Inc. $EBAY

Key Points

• Neuberger Berman Group LLC increased its holdings in eBay by 5.8%, owning 186,570 shares valued at approximately $12.64 million as per its latest SEC filing.
• eBay reported a quarterly earnings per share of $1.37, exceeding the consensus estimate of $1.30, along with a revenue of $2.73 billion.
• The company announced a dividend of $0.29 per share, to be paid on September 12, with a current yield of 1.2%.

Neuberger Berman Group LLC lifted its position in eBay Inc. (NASDAQ:EBAY - Free Report) by 5.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 186,570 shares of the e-commerce company's stock after acquiring an additional 10,160 shares during the period. Neuberger Berman Group LLC's holdings in eBay were worth $12,636,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Rockefeller Capital Management L.P. lifted its position in shares of eBay by 15.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 26,212 shares of the e-commerce company's stock valued at $1,623,000 after acquiring an additional 3,563 shares in the last quarter. Sagespring Wealth Partners LLC bought a new position in shares of eBay during the fourth quarter valued at approximately $313,000. Mariner LLC grew its stake in shares of eBay by 5.8% during the fourth quarter. Mariner LLC now owns 114,109 shares of the e-commerce company's stock valued at $7,069,000 after buying an additional 6,283 shares during the last quarter. CreativeOne Wealth LLC purchased a new stake in shares of eBay in the fourth quarter valued at approximately $1,225,000. Finally, Evergreen Capital Management LLC boosted its holdings in shares of eBay by 5.0% in the fourth quarter. Evergreen Capital Management LLC now owns 118,793 shares of the e-commerce company's stock valued at $7,359,000 after purchasing an additional 5,693 shares during the period. Institutional investors own 87.48% of the company's stock.

Insider Activity at eBay

In other eBay news, SVP Cornelius Boone sold 2,985 shares of the business's stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $78.67, for a total value of $234,829.95. Following the completion of the sale, the senior vice president directly owned 92,053 shares of the company's stock, valued at $7,241,809.51. The trade was a 3.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Julie A. Loeger sold 75,952 shares of the 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 owned 53,107 shares of the company's stock, valued at $4,952,227.75. This trade represents a 58.85% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 276,104 shares of company stock valued at $22,025,676 over the last quarter. Corporate insiders own 0.64% of the company's stock.

eBay Stock Up 0.5%

Shares of eBay stock traded up $0.4760 during trading on Tuesday, hitting $99.5060. 2,047,268 shares of the stock were exchanged, compared to its average volume of 5,614,129. The stock has a market cap of $45.47 billion, a price-to-earnings ratio of 21.93, a price-to-earnings-growth ratio of 2.43 and a beta of 1.27. The firm's 50-day moving average price is $81.99 and its 200 day moving average price is $73.06. eBay Inc. has a 12-month low of $56.33 and a 12-month high of $101.15. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00.

eBay (NASDAQ:EBAY - Get Free Report) last issued 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 business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.64 billion. eBay had a net margin of 20.86% and a return on equity of 38.97%. The business's revenue was up 6.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 29th will be given a $0.29 dividend. The ex-dividend date is Friday, August 29th. This represents a $1.16 annualized dividend and a yield of 1.2%. eBay's dividend payout ratio (DPR) is currently 25.55%.

Analyst Ratings Changes

Several analysts have recently commented on the company. Arete upgraded eBay from a "sell" rating to a "neutral" rating and set a $91.00 price objective for the company in a report on Thursday, August 7th. TD Securities upped their target price on eBay from $62.00 to $64.00 and gave the company a "hold" rating in a research report on Thursday, May 1st. Wedbush reissued a "neutral" rating and issued a $72.00 target price on shares of eBay in a research report on Wednesday, June 11th. Robert W. Baird increased their price target on eBay from $75.00 to $80.00 and gave the stock an "outperform" rating in a research report on Thursday, July 10th. Finally, JPMorgan Chase & Co. increased their price target on eBay from $66.00 to $68.00 and gave the stock a "neutral" rating in a research report on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, eBay presently has an average rating of "Hold" and a consensus target price of $78.19.

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.