Valeo Financial Advisors LLC Has $96.13 Million Holdings in eBay Inc. $EBAY

Key Points

• Valeo Financial Advisors LLC significantly increased their holdings in eBay Inc., raising their position by 19,822.5% to own 1,290,981 shares valued at approximately $96.13 million.
• eBay reported earnings per share of $1.37 for the last quarter, exceeding estimates, with a 6.1% increase in quarterly revenue year-over-year.
• Institutional investors and hedge funds now control 87.48% of eBay's stock, indicating strong interest and confidence in the company among major financial players.

Valeo Financial Advisors LLC lifted its position in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 19,822.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,290,981 shares of the e-commerce company's stock after purchasing an additional 1,284,501 shares during the quarter. Valeo Financial Advisors LLC owned 0.28% of eBay worth $96,126,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Independent Franchise Partners LLP increased its position in shares of eBay by 4.6% during the first quarter. Independent Franchise Partners LLP now owns 11,689,267 shares of the e-commerce company's stock worth $791,714,000 after acquiring an additional 510,629 shares in the last quarter. Invesco Ltd. increased its holdings in eBay by 8.0% during the 1st quarter. Invesco Ltd. now owns 8,441,396 shares of the e-commerce company's stock worth $571,736,000 after purchasing an additional 627,823 shares in the last quarter. Northern Trust Corp raised its stake in shares of eBay by 4.4% in the first quarter. Northern Trust Corp now owns 7,109,481 shares of the e-commerce company's stock worth $481,525,000 after purchasing an additional 300,216 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of eBay by 5.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,157,105 shares of the e-commerce company's stock valued at $417,021,000 after purchasing an additional 322,910 shares in the last quarter. Finally, Impax Asset Management Group plc boosted its position 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 valued at $239,037,000 after buying an additional 3,401,198 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Citizens Jmp raised eBay to a "hold" rating in a research report on Thursday, July 10th. Morgan Stanley raised their price target on shares of eBay from $81.00 to $89.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Susquehanna upped their price objective on shares of eBay from $70.00 to $95.00 and gave the stock a "neutral" rating in a research report on Friday, August 1st. Barclays restated an "overweight" rating and issued a $92.00 target price (up previously from $77.00) on shares of eBay in a research note on Thursday, July 31st. Finally, Wall Street Zen downgraded eBay from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $81.11.

eBay Trading Up 4.3%

NASDAQ EBAY opened at $92.17 on Monday. 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 stock's 50-day simple moving average is $92.32 and its two-hundred day simple moving average is $78.97. eBay Inc. has a twelve month low of $56.33 and a twelve month high of $101.15. The company has a market capitalization of $42.12 billion, a price-to-earnings ratio of 20.30, a PEG ratio of 2.23 and a beta of 1.31.

eBay (NASDAQ:EBAY - Get Free Report) last released its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 earnings per share for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $2.64 billion. During the same quarter in the previous year, the company posted $1.18 EPS. eBay's quarterly 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. Research analysts forecast that eBay Inc. will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Friday, August 29th were paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, August 29th. eBay's payout ratio is 25.55%.

Insider Activity

In related news, SVP Jordan Douglas Bradle Sweetnam sold 22,206 shares of eBay stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $77.90, for a total value of $1,729,847.40. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Julie A. Loeger sold 75,952 shares of the firm's stock in a transaction on 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 sale, the senior vice president directly owned 53,107 shares in the company, valued at approximately $4,952,227.75. This trade represents a 58.85% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 111,728 shares of company stock valued at $10,047,092. Corporate insiders own 0.64% of the company's stock.

eBay 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.

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