Swedbank AB Has $103.31 Million Holdings in eBay Inc. $EBAY

Key Points

• Swedbank AB has increased its stake in eBay, acquiring an additional 3,957 shares, bringing its total holdings to approximately 1.53 million shares, worth $103.31 million.
• eBay reported a quarterly EPS of $1.37, exceeding analysts' expectations of $1.30, and its revenue increased by 6.1% year-over-year to $2.73 billion.
• The company declared a quarterly dividend of $0.29, resulting in an annualized dividend of $1.16 and a yield of 1.3%, with a payout ratio of 25.55%.

Swedbank AB increased its stake in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 0.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,525,380 shares of the e-commerce company's stock after buying an additional 3,957 shares during the quarter. Swedbank AB owned about 0.33% of eBay worth $103,314,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Marvin & Palmer Associates Inc. acquired a new stake in eBay during the first quarter worth approximately $2,958,000. Assenagon Asset Management S.A. boosted its holdings in shares of eBay by 0.5% in the 1st quarter. Assenagon Asset Management S.A. now owns 53,089 shares of the e-commerce company's stock valued at $3,596,000 after purchasing an additional 246 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of eBay by 59.6% in the 1st quarter. IFP Advisors Inc now owns 3,857 shares of the e-commerce company's stock valued at $261,000 after purchasing an additional 1,440 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of eBay by 2.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 79,452 shares of the e-commerce company's stock valued at $5,381,000 after purchasing an additional 2,095 shares in the last quarter. Finally, MBB Public Markets I LLC acquired a new stake in shares of eBay in the 1st quarter valued at $330,000. Institutional investors and hedge funds own 87.48% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on EBAY. Wall Street Zen downgraded eBay from a "buy" rating to a "hold" rating in a report on Sunday, August 10th. Cantor Fitzgerald raised their target price on eBay from $69.00 to $85.00 and gave the company a "neutral" rating in a report on Thursday, July 31st. Cfra Research raised eBay to a "moderate buy" rating in a report on Thursday, June 5th. Argus reissued a "hold" rating on shares of eBay in a report on Thursday, August 14th. Finally, Barclays reissued an "overweight" rating and set a $92.00 price objective (up previously from $77.00) on shares of eBay in a report on Thursday, July 31st. One equities research 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 data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $78.89.

eBay Trading Down 0.5%

NASDAQ:EBAY traded down $0.44 during trading hours on Monday, hitting $90.36. 4,002,581 shares of the company were exchanged, compared to its average volume of 5,268,855. The stock has a market capitalization of $41.29 billion, a price-to-earnings ratio of 19.90, a price-to-earnings-growth ratio of 2.20 and a beta of 1.32. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. eBay Inc. has a one year low of $56.33 and a one year high of $101.15. The company has a fifty day simple moving average of $88.92 and a 200 day simple moving average of $76.61.

eBay (NASDAQ:EBAY - Get Free Report) last announced its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share (EPS) for the quarter, topping 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 business had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.64 billion. During the same period last year, the company earned $1.18 EPS. eBay's revenue for the quarter was up 6.1% compared to the same quarter last year. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. Sell-side analysts expect 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 given a $0.29 dividend. 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 dividend payout ratio (DPR) is 25.55%.

Insider Transactions at eBay

In other news, SVP Julie A. Loeger sold 75,952 shares of eBay stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $93.25, for a total value of $7,082,524.00. Following the completion of the transaction, the senior vice president directly owned 53,107 shares of the company's stock, valued at approximately $4,952,227.75. This trade represents a 58.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jamie Iannone sold 12,644 shares of eBay stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $76.02, for a total value of $961,196.88. Following the completion of the transaction, the chief executive officer directly owned 317,625 shares of the company's stock, valued at approximately $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. In the last ninety days, insiders sold 174,801 shares of company stock valued at $14,763,913. 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.