USS Investment Management Ltd Increases Stake in eBay Inc. $EBAY

Key Points

• USS Investment Management Ltd increased its stake in eBay Inc. by 15.2%, acquiring an additional 18,180 shares, bringing their total holdings to $9.3 million.
• Analysts have upgraded eBay's stock, with new price targets set by Deutsche Bank and JPMorgan Chase & Co., raising the stock's target price to as high as $90.00.
• eBay announced a quarterly dividend of $0.29 per share, with a dividend yield of 1.3%, set to be paid on September 12th.

USS Investment Management Ltd increased its position in eBay Inc. (NASDAQ:EBAY - Free Report) by 15.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 137,452 shares of the e-commerce company's stock after acquiring an additional 18,180 shares during the quarter. USS Investment Management Ltd's holdings in eBay were worth $9,309,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Parallax Volatility Advisers L.P. boosted its stake in eBay by 114.0% in the 1st quarter. Parallax Volatility Advisers L.P. now owns 10,113 shares of the e-commerce company's stock worth $685,000 after purchasing an additional 82,607 shares during the period. Polar Asset Management Partners Inc. bought a new position in eBay in the 1st quarter worth about $7,085,000. NatWest Group plc boosted its stake in eBay by 13.5% in the 1st quarter. NatWest Group plc now owns 217,429 shares of the e-commerce company's stock worth $14,726,000 after purchasing an additional 25,907 shares during the period. NewEdge Advisors LLC boosted its stake in eBay by 13.7% in the 1st quarter. NewEdge Advisors LLC now owns 63,721 shares of the e-commerce company's stock worth $4,316,000 after purchasing an additional 7,659 shares during the period. Finally, DoubleLine ETF Adviser LP bought a new position in eBay in the 1st quarter worth about $775,000. Institutional investors own 87.48% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on EBAY shares. Cfra Research upgraded eBay to a "moderate buy" rating in a research note on Thursday, June 5th. Deutsche Bank Aktiengesellschaft raised their target price on eBay from $75.00 to $90.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. raised their target price on eBay from $66.00 to $68.00 and gave the stock a "neutral" rating in a research note on Friday, July 11th. Daiwa America upgraded eBay from a "hold" rating to a "strong-buy" rating in a research report on Monday, May 12th. Finally, Arete upgraded eBay from a "sell" rating to a "neutral" rating and set a $91.00 price target for the company in a research report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $78.89.

eBay Stock Performance

Shares of EBAY opened at $92.66 on Monday. The company has a market cap of $42.35 billion, a PE ratio of 20.41, a price-to-earnings-growth ratio of 2.24 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 12-month low of $56.33 and a 12-month high of $101.15. The stock has a 50-day moving average price of $87.01 and a 200-day moving average price of $75.61.

eBay (NASDAQ:EBAY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, beating analysts' consensus estimates of $1.30 by $0.07. The company had revenue of $2.73 billion for the quarter, compared to analysts' expectations of $2.64 billion. eBay had a return on equity of 38.97% and a net margin of 20.86%.eBay's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period last year, the firm posted $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. As a group, equities analysts forecast that eBay Inc. will post 3.86 earnings per share for the current fiscal year.

eBay Announces Dividend

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

Insider Activity at eBay

In related news, SVP Julie A. Loeger sold 75,952 shares of the firm'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 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 sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the firm'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 transaction, the senior vice president directly owned 44,413 shares in the company, valued at approximately $3,436,677.94. This represents a 34.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 167,580 shares of company stock valued at $14,097,198. 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.

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