Osmosis Investment Management UK Ltd Makes New Investment in eBay Inc. $EBAY

Key Points

• Osmosis Investment Management acquired 47,273 eBay shares worth approximately $5.3 million during the second quarter. Several other institutional investors also initiated positions, with institutions collectively owning 87.48% of eBay.
• Analysts maintain a consensus “Hold” rating, with a $117.24 average price target. Recent targets range from $96 to $145.
• eBay reported better-than-expected quarterly results, with $1.60 earnings per share and $3.13 billion in revenue, up 14.8% year over year. The company also declared a quarterly dividend of $0.31 per share, equivalent to a 1.2% annual yield.

Osmosis Investment Management UK Ltd bought a new stake in eBay Inc. (NASDAQ:EBAY - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 47,273 shares of the e-commerce company's stock, valued at approximately $5,283,000.

Several other hedge funds have also made changes to their positions in the company. Sanctuary Advisors LLC purchased a new stake in eBay in the 2nd quarter valued at about $4,870,000. Meiji Yasuda Asset Management Co Ltd. acquired a new position in eBay during the second quarter worth $261,000. Bank of Nova Scotia purchased a new stake in shares of eBay in the 2nd quarter valued at $5,306,000. Compass Financial Management LLC acquired a new position in eBay during the 2nd quarter worth about $28,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in eBay during the 2nd quarter worth about $390,000. Hedge funds and other institutional investors own 87.48% of the company's stock.

Insider Transactions at eBay

In other news, SVP Jordan Douglas Bradle Sweetnam sold 1,014 shares of the company's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $101.39, for a total transaction of $102,809.46. Following the completion of the transaction, the senior vice president owned 35,546 shares of the company's stock, valued at $3,604,008.94. This represents a 2.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 1,919 shares of eBay stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $108.51, for a total transaction of $208,230.69. Following the transaction, the senior vice president owned 32,124 shares in the company, valued at $3,485,775.24. The trade was a 5.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 37,126 shares of company stock valued at $4,087,886 in the last ninety days. Corporate insiders own 0.67% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on EBAY. Jefferies Financial Group set a $145.00 target price on eBay in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft set a $124.00 price target on eBay in a research report on Monday, May 4th. Susquehanna reiterated a "neutral" rating on shares of eBay in a research note on Friday, August 7th. Evercore set a $96.00 price objective on shares of eBay in a research report on Thursday, April 30th. Finally, Mizuho set a $110.00 price objective on shares of eBay in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $117.24.

eBay Stock Performance

Shares of EBAY opened at $104.13 on Monday. The company has a market capitalization of $46.34 billion, a price-to-earnings ratio of 21.56, a price-to-earnings-growth ratio of 2.51 and a beta of 1.37. eBay Inc. has a 52-week low of $78.03 and a 52-week high of $119.31. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10. The stock has a 50 day moving average price of $110.12 and a 200 day moving average price of $102.37.

eBay (NASDAQ:EBAY - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.50 by $0.10. eBay had a net margin of 18.50% and a return on equity of 47.88%. The firm had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter in the prior year, the firm earned $1.37 EPS. eBay's revenue for the quarter was up 14.8% on a year-over-year basis. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. Research analysts predict that eBay Inc. will post 4.87 EPS for the current fiscal year.

eBay Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 28th. eBay's dividend payout ratio is presently 25.67%.

About eBay

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price "Buy It Now" transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company's core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.

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