Verdence Capital Advisors LLC Increases Position in eBay Inc. $EBAY

Key Points

• Verdence Capital Advisors LLC increased its stake in eBay Inc. by 71.2%, now owning 17,447 shares valued at approximately $1.3 million.
• eBay reported a quarterly EPS of $1.37, exceeding analyst estimates, and a revenue of $2.73 billion, marking a 6.1% year-over-year increase.
• The company announced a quarterly dividend of $0.29 per share, with a current annualized yield of 1.3%, reflecting a dividend payout ratio of 25.55%.

Verdence Capital Advisors LLC raised its position in eBay Inc. (NASDAQ:EBAY - Free Report) by 71.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,447 shares of the e-commerce company's stock after purchasing an additional 7,256 shares during the period. Verdence Capital Advisors LLC's holdings in eBay were worth $1,299,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of EBAY. Impax Asset Management Group plc boosted its holdings in shares of eBay by 2,536.5% in the 1st 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 in the last quarter. Nuveen LLC acquired a new position in shares of eBay in the 1st quarter valued at $202,346,000. Pacer Advisors Inc. boosted its holdings in shares of eBay by 5,181.4% in the 1st quarter. Pacer Advisors Inc. now owns 2,196,321 shares of the e-commerce company's stock valued at $148,757,000 after buying an additional 2,154,735 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of eBay by 253.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,763,766 shares of the e-commerce company's stock valued at $187,191,000 after buying an additional 1,981,011 shares in the last quarter. Finally, Valeo Financial Advisors LLC boosted its holdings in shares of eBay by 19,822.5% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,290,981 shares of the e-commerce company's stock valued at $96,126,000 after buying an additional 1,284,501 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company's stock.

eBay Stock Up 0.9%

EBAY stock opened at $89.36 on Tuesday. eBay Inc. has a one year low of $56.33 and a one year high of $101.15. The stock has a market capitalization of $40.84 billion, a PE ratio of 19.68, a price-to-earnings-growth ratio of 2.13 and a beta of 1.31. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.00 and a current ratio of 1.00. The company has a fifty day moving average of $92.99 and a 200-day moving average of $79.99.

eBay (NASDAQ:EBAY - Get Free Report) last released its earnings results on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.30 by $0.07. eBay had a net margin of 20.86% and a return on equity of 38.97%. The company had revenue of $2.73 billion during the quarter, compared to analysts' expectations of $2.64 billion. During the same quarter last year, the business earned $1.18 EPS. The business'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. As a group, analysts expect that eBay Inc. will post 3.86 EPS for the current year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Friday, August 29th were paid a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, August 29th. eBay's dividend payout ratio (DPR) is 25.55%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on EBAY shares. BMO Capital Markets upgraded shares of eBay from a "market perform" rating to an "outperform" rating and upped their target price for the company from $70.00 to $102.00 in a report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft upped their target price on shares of eBay from $75.00 to $90.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Cowen reiterated a "hold" rating on shares of eBay in a research note on Tuesday, July 22nd. Piper Sandler increased their price target on shares of eBay from $74.00 to $95.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Finally, Arete upgraded shares of eBay from a "sell" rating to a "neutral" rating and set a $91.00 price target for the company in a research note on Thursday, August 7th. One research 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 assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $82.00.

Insider Activity

In other news, SVP Julie A. Loeger sold 75,952 shares of the firm's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $93.25, for a total value of $7,082,524.00. Following the completion of the sale, the senior vice president 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jamie Iannone sold 7,221 shares of the stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $91.76, for a total transaction of $662,598.96. Following the completion of the transaction, the chief executive officer owned 250,223 shares of the company's stock, valued at $22,960,462.48. This represents a 2.80% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 96,743 shares of company stock worth $8,979,844 over the last quarter. 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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