Public Sector Pension Investment Board Boosts Stock Holdings in eBay Inc. $EBAY

Public Sector Pension Investment Board lifted its position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 11.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,984 shares of the e-commerce company's stock after purchasing an additional 6,505 shares during the period. Public Sector Pension Investment Board's holdings in eBay were worth $4,401,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in EBAY. Impax Asset Management Group plc grew its holdings in shares of 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 purchasing an additional 3,401,198 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in eBay by 12.4% in the fourth 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 stake in eBay in the first quarter valued at $202,346,000. Pacer Advisors Inc. increased its holdings in eBay by 5,181.4% in the first 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, Northern Trust Corp increased its holdings in eBay by 17.8% in the fourth quarter. Northern Trust Corp now owns 6,809,265 shares of the e-commerce company's stock valued at $421,834,000 after purchasing an additional 1,030,292 shares during the period. 87.48% of the stock is currently owned by institutional investors.

eBay Stock Down 0.7%

NASDAQ:EBAY traded down $0.74 during trading hours on Wednesday, reaching $99.15. The company had a trading volume of 6,344,669 shares, compared to its average volume of 5,629,506. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05. The firm has a market cap of $45.31 billion, a price-to-earnings ratio of 21.84, a P/E/G ratio of 2.39 and a beta of 1.27. The business's 50-day simple moving average is $82.41 and its two-hundred day simple moving average is $73.24. eBay Inc. has a twelve month low of $56.33 and a twelve month high of $101.15.

eBay (NASDAQ:EBAY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, topping analysts' consensus estimates 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 quarterly revenue was up 6.1% on a year-over-year basis. During the same period last year, the company posted $1.18 earnings per share. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, equities analysts expect that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Dividend Announcement

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

Analyst Ratings Changes

A number of analysts recently weighed in on EBAY shares. Piper Sandler increased their price objective on eBay from $74.00 to $95.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Truist Financial increased their price objective on eBay from $62.00 to $68.00 and gave the company a "hold" rating in a report on Thursday, May 1st. Cowen restated a "hold" rating on shares of eBay in a report on Tuesday, July 22nd. Needham & Company LLC increased their price objective on eBay from $78.00 to $95.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Finally, JMP Securities restated a "market perform" rating on shares of eBay in a report on Thursday, May 1st. One 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 assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $78.19.

Insider Buying and Selling at eBay

In other eBay news, SVP Cornelius Boone sold 2,985 shares of the company's stock in a transaction 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 transaction, the senior vice president owned 92,053 shares in the company, valued at approximately $7,241,809.51. This represents a 3.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the company's stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $77.38, for a total transaction of $1,825,935.86. Following the transaction, the senior vice president owned 44,413 shares in the company, valued at approximately $3,436,677.94. The trade was a 34.70% decrease in their position. 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. Corporate insiders own 0.64% of the company's stock.

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.