Robeco Institutional Asset Management B.V. Buys 838,925 Shares of eBay Inc. $EBAY

Key Points

• Robeco Institutional Asset Management increased its stake in eBay Inc. by 46.1% during Q2, acquiring an additional 838,925 shares to own approximately 2.66 million shares worth about $198 million.
• eBay reported a net margin of 20.86% and earnings of $1.37 per share for the latest quarter, surpassing analysts' estimates by $0.07 and showing a 6.1% year-over-year revenue growth.
• The recently announced quarterly dividend of $0.29 per share reflects a dividend yield of 1.3%, with an annualized payout of $1.16 per share.

Robeco Institutional Asset Management B.V. lifted its holdings in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 46.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,659,952 shares of the e-commerce company's stock after purchasing an additional 838,925 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.58% of eBay worth $198,060,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in EBAY. Wealth Preservation Advisors LLC bought a new stake in shares of eBay during the 1st quarter worth $26,000. Abound Financial LLC bought a new stake in shares of eBay during the 1st quarter worth $29,000. Sierra Ocean LLC raised its stake in shares of eBay by 84.9% during the 1st quarter. Sierra Ocean LLC now owns 538 shares of the e-commerce company's stock worth $36,000 after purchasing an additional 247 shares during the period. North Capital Inc. bought a new stake in shares of eBay during the 1st quarter worth $38,000. Finally, Tsfg LLC raised its stake in shares of eBay by 58.8% during the 1st quarter. Tsfg LLC now owns 602 shares of the e-commerce company's stock worth $41,000 after purchasing an additional 223 shares during the period. 87.48% of the stock is currently owned by institutional investors.

Insider Activity at eBay

In other news, SVP Julie A. Loeger sold 75,952 shares of the business's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $93.25, for a total transaction of $7,082,524.00. Following the completion of the transaction, the senior vice president owned 53,107 shares of the company's stock, valued at approximately $4,952,227.75. The trade was a 58.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Mazen Rawashdeh sold 1,910 shares of the business's stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total value of $170,582.10. Following the transaction, the senior vice president directly owned 3,824 shares of the company's stock, valued at $341,521.44. The trade was a 33.31% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 111,728 shares of company stock valued at $10,047,092 in the last ninety days. Insiders own 0.64% of the company's stock.

eBay Trading Down 3.7%

Shares of EBAY opened at $87.58 on Thursday. The business's 50-day moving average price is $91.98 and its 200-day moving average price is $78.47. eBay Inc. has a twelve month low of $56.33 and a twelve month high of $101.15. The stock has a market cap of $40.02 billion, a PE ratio of 19.29, a P/E/G ratio of 2.20 and a beta of 1.31. 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 announced its quarterly 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 firm had revenue of $2.73 billion for the quarter, compared to analysts' expectations of $2.64 billion. During the same period in the prior year, the business posted $1.18 earnings per share. The company's revenue was up 6.1% on a year-over-year basis. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, equities analysts forecast that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were issued a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. eBay's payout ratio is presently 25.55%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on EBAY shares. BMO Capital Markets upgraded eBay from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $70.00 to $102.00 in a research note on Thursday, July 31st. Morgan Stanley boosted their price objective on eBay from $81.00 to $89.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. boosted their price objective on eBay from $66.00 to $68.00 and gave the company a "neutral" rating in a research note on Friday, July 11th. Cantor Fitzgerald boosted their price objective on eBay from $69.00 to $85.00 and gave the company a "neutral" rating in a research note on Thursday, July 31st. Finally, Barclays restated an "overweight" rating and issued a $92.00 price objective (up from $77.00) on shares of eBay in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $81.11.

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.

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