Norinchukin Bank The Has $1.75 Million Holdings in eBay Inc. $EBAY

Key Points

• Norinchukin Bank increased its stake in eBay by 15.7% in the first quarter, bringing its total holdings to 25,770 shares valued at approximately $1.75 million.
• eBay recently announced a quarterly dividend of $0.29 per share, representing a yield of 1.2%, with the ex-dividend date on August 29th.
• eBay reported a quarterly earnings per share (EPS) of $1.37, surpassing estimates, along with a year-over-year revenue increase of 6.1%.

Norinchukin Bank The boosted its position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 15.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,770 shares of the e-commerce company's stock after buying an additional 3,506 shares during the quarter. Norinchukin Bank The's holdings in eBay were worth $1,745,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Impax Asset Management Group plc lifted its stake in shares of eBay by 2,536.5% in the 1st quarter. Impax Asset Management Group plc now owns 3,535,290 shares of the e-commerce company's stock valued at $239,037,000 after purchasing an additional 3,401,198 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of eBay by 12.4% in the 4th quarter. Ameriprise Financial Inc. now owns 28,493,042 shares of the e-commerce company's stock valued at $1,765,148,000 after purchasing an additional 3,149,934 shares during the period. Nuveen LLC acquired a new position in shares of eBay in the 1st quarter valued at $202,346,000. Pacer Advisors Inc. lifted its stake in shares of eBay by 5,181.4% in the 1st quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company's stock valued at $148,757,000 after purchasing an additional 2,154,735 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of eBay by 253.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,763,766 shares of the e-commerce company's stock valued at $187,191,000 after purchasing an additional 1,981,011 shares during the period. Institutional investors and hedge funds own 87.48% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. BMO Capital Markets raised eBay from a "market perform" rating to an "outperform" rating and increased their price target for the company from $70.00 to $102.00 in a research note on Thursday, July 31st. Wells Fargo & Company upped their price objective on shares of eBay from $66.00 to $84.00 and gave the company an "equal weight" rating in a research report on Thursday, July 31st. Argus restated a "hold" rating on shares of eBay in a research report on Thursday, August 14th. Truist Financial upped their price objective on shares of eBay from $62.00 to $68.00 and gave the company a "hold" rating in a research report on Thursday, May 1st. Finally, Wedbush restated a "neutral" rating and issued a $72.00 price objective on shares of eBay in a research report on Wednesday, June 11th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, eBay has an average rating of "Hold" and a consensus price target of $78.89.

eBay Stock Down 1.0%

NASDAQ EBAY traded down $0.97 during trading on Wednesday, hitting $93.67. The stock had a trading volume of 5,563,197 shares, compared to its average volume of 5,630,567. The company has a market capitalization of $42.81 billion, a PE ratio of 20.63, a P/E/G ratio of 2.38 and a beta of 1.27. The company's 50-day moving average price is $84.46 and its two-hundred day moving average price is $74.31. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. eBay Inc. has a 12 month low of $56.33 and a 12 month high of $101.15.

eBay (NASDAQ:EBAY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.07. The company had revenue of $2.73 billion during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter last year, the company earned $1.18 EPS. 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 EPS for the current year.

eBay Dividend Announcement

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

Insider Activity

In other eBay news, SVP Julie A. Loeger sold 75,952 shares of the company's stock in a transaction on Monday, August 4th. The shares were 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 of the company's stock, valued at approximately $4,952,227.75. This represents a 58.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Jamie Iannone sold 12,644 shares of the company's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $76.02, for a total transaction of $961,196.88. Following the sale, 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 disclosure for this sale can be found here. Insiders have sold a total of 183,209 shares of company stock valued at $15,331,663 in the last ninety days. Corporate insiders own 0.64% of the company's stock.

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.