eBay Inc. $EBAY Position Increased by NewEdge Advisors LLC

Key Points

• NewEdge Advisors LLC increased its stake in eBay Inc. by **13.7%**, owning 63,721 shares worth approximately **$4.3 million** as of its latest filing.
• eBay reported an EPS of **$1.37** for the last quarter, exceeding expectations, with revenue of **$2.73 billion**, up **6.1%** from the previous year.
• The company announced a quarterly dividend of **$0.29 per share**, translating to an annual yield of **1.2%**, with the ex-dividend date set for **August 29th**.

NewEdge Advisors LLC increased its holdings in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 13.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 63,721 shares of the e-commerce company's stock after acquiring an additional 7,659 shares during the quarter. NewEdge Advisors LLC's holdings in eBay were worth $4,316,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of EBAY. Impax Asset Management Group plc raised its stake in eBay by 2,536.5% during the first 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 acquired a new stake in eBay during the first quarter worth about $202,346,000. Pacer Advisors Inc. raised its stake in eBay by 5,181.4% during the first 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 raised its stake in eBay by 253.1% during the first 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 raised its stake in eBay by 7,928.1% during the first 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 and hedge funds own 87.48% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Citizens Jmp upgraded shares of eBay to a "hold" rating in a research note on Thursday, July 10th. Bank of America upped their target price on shares of eBay from $89.00 to $101.00 and gave the stock a "neutral" rating in a research report on Monday, August 25th. Stifel Nicolaus upped their target price on shares of eBay from $62.00 to $68.00 and gave the stock a "hold" rating in a research report on Tuesday, July 29th. BMO Capital Markets upgraded shares of eBay from a "market perform" rating to an "outperform" rating and upped their target price for the stock from $70.00 to $102.00 in a research report on Thursday, July 31st. Finally, Wells Fargo & Company upped their target price on shares of eBay from $66.00 to $84.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $78.89.

Insider Activity

In other news, CEO Jamie Iannone sold 12,644 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $76.02, for a total value of $961,196.88. Following the completion of the transaction, the chief executive officer directly owned 317,625 shares in the company, valued at $24,145,852.50. This trade represents a 3.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $77.38, for a total transaction of $1,825,935.86. Following the completion of the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 174,801 shares of company stock worth $14,763,913 over the last three months. Corporate insiders own 0.64% of the company's stock.

eBay Price Performance

Shares of eBay stock traded down $1.66 on Friday, hitting $90.80. The company had a trading volume of 4,717,366 shares, compared to its average volume of 5,268,855. The business has a 50-day simple moving average of $88.63 and a 200-day simple moving average of $76.43. 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 company has a market cap of $41.50 billion, a PE ratio of 20.00, a PEG ratio of 2.20 and a beta of 1.32. eBay Inc. has a 52 week low of $56.33 and a 52 week high of $101.15.

eBay (NASDAQ:EBAY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.07. The business had revenue of $2.73 billion during the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same period last year, the firm posted $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Research analysts expect that eBay Inc. will post 3.86 EPS 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 issued a $0.29 dividend. The ex-dividend date was Friday, August 29th. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. eBay's dividend payout ratio (DPR) is 25.55%.

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.