eBay Inc. $EBAY Shares Purchased by Price T Rowe Associates Inc. MD

Key Points

• Price T Rowe Associates Inc. increased its stake in eBay by 253.1% in the first quarter, acquiring an additional 1,981,011 shares, bringing its total holdings to 2,763,766 shares valued at $187.19 million.
• eBay's recent quarterly earnings surpassed analyst expectations, reporting $1.37 earnings per share on revenue of $2.73 billion, marking a 6.1% increase in quarterly revenue compared to the previous year.
• The company announced a quarterly dividend of $0.29 per share, with a payout ratio of 25.55%, set to be paid to stockholders on September 12th.

Price T Rowe Associates Inc. MD boosted its holdings in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 253.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 2,763,766 shares of the e-commerce company's stock after purchasing an additional 1,981,011 shares during the period. Price T Rowe Associates Inc. MD owned approximately 0.60% of eBay worth $187,191,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Orion Capital Management LLC acquired a new stake in eBay during the 4th quarter worth approximately $27,000. Abound Financial LLC purchased a new stake in shares of eBay during the first quarter worth approximately $29,000. Pinney & Scofield Inc. purchased a new stake in shares of eBay during the fourth quarter worth approximately $31,000. Itau Unibanco Holding S.A. acquired a new stake in shares of eBay during the fourth quarter worth $33,000. Finally, Sierra Ocean LLC grew its position in eBay by 84.9% in the 1st quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company's stock valued at $36,000 after buying an additional 247 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company's stock.

eBay Price Performance

NASDAQ EBAY traded down $1.58 during mid-day trading on Friday, hitting $90.93. The stock had a trading volume of 4,124,700 shares, compared to its average volume of 5,635,685. The company has a 50 day simple moving average of $85.09 and a 200 day simple moving average of $74.61. The company has a market cap of $41.55 billion, a price-to-earnings ratio of 20.03, a P/E/G ratio of 2.26 and a beta of 1.27. eBay Inc. has a 52-week low of $56.33 and a 52-week high of $101.15. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05.

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

eBay Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, August 29th. eBay's dividend payout ratio (DPR) is 25.55%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Argus restated a "hold" rating on shares of eBay in a research report on Thursday, August 14th. Susquehanna increased their price target on shares of eBay from $70.00 to $95.00 and gave the stock a "neutral" rating in a report on Friday, August 1st. Arete Research raised eBay from a "strong sell" rating to a "hold" rating in a report on Thursday, August 7th. JMP Securities reiterated a "market perform" rating on shares of eBay in a research report on Thursday, May 1st. Finally, BMO Capital Markets raised eBay from a "market perform" rating to an "outperform" rating and increased their target price for the stock from $70.00 to $102.00 in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $78.89.

Insider Buying and Selling at eBay

In other eBay news, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the company's stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $77.38, for a total value of $1,825,935.86. Following the sale, the senior vice president owned 44,413 shares of the company's stock, valued at $3,436,677.94. This represents a 34.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Cornelius Boone sold 2,985 shares of the stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $78.67, for a total transaction of $234,829.95. Following the completion of the sale, the senior vice president owned 92,053 shares in the company, valued at $7,241,809.51. This represents a 3.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 183,209 shares of company stock worth $15,331,663. 0.64% of the stock is currently owned by insiders.

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.