Vident Advisory LLC Purchases 6,380 Shares of eBay Inc. $EBAY

Key Points

• Vident Advisory LLC increased its stake in eBay Inc. by 57.1%, owning a total of 17,557 shares worth approximately $1.19 million as of the latest reporting period.
• Insider actions included SVP Jordan Sweetnam selling 23,597 shares and CEO Jamie Iannone selling 12,644 shares, reflecting decreases in their respective holdings.
• eBay's Q2 earnings surpassed estimates, reporting $1.37 EPS against a consensus of $1.30, along with a revenue increase of 6.1% year over year.

Vident Advisory LLC grew its holdings in shares of eBay Inc. (NASDAQ:EBAY - Free Report) by 57.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,557 shares of the e-commerce company's stock after purchasing an additional 6,380 shares during the period. Vident Advisory LLC's holdings in eBay were worth $1,189,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Canada Pension Plan Investment Board grew its position in shares of eBay by 2.9% during the 1st quarter. Canada Pension Plan Investment Board now owns 463,748 shares of the e-commerce company's stock worth $31,410,000 after purchasing an additional 13,033 shares in the last quarter. WPG Advisers LLC acquired a new position in shares of eBay during the 1st quarter worth approximately $54,000. Truvestments Capital LLC grew its position in shares of eBay by 235.2% during the 1st quarter. Truvestments Capital LLC now owns 14,859 shares of the e-commerce company's stock worth $1,006,000 after purchasing an additional 10,426 shares in the last quarter. Wealth Preservation Advisors LLC acquired a new position in shares of eBay during the 1st quarter worth approximately $26,000. Finally, Caisse DE Depot ET Placement DU Quebec grew its position in shares of eBay by 625.9% during the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 725,488 shares of the e-commerce company's stock worth $49,137,000 after purchasing an additional 625,545 shares in the last quarter. Institutional investors and hedge funds own 87.48% of the company's stock.

Insider Activity at eBay

In related news, CEO Jamie Iannone sold 12,644 shares of the firm's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $76.02, for a total transaction 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 $24,145,852.50. This trade represents a 3.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 23,597 shares of the company'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 completion of the sale, the senior vice president owned 44,413 shares in the company, valued at $3,436,677.94. This trade represents a 34.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 180,224 shares of company stock valued at $15,096,833 in the last quarter. Insiders own 0.64% of the company's stock.

eBay Price Performance

NASDAQ:EBAY traded down $0.37 on Friday, hitting $92.66. The company had a trading volume of 5,656,404 shares, compared to its average volume of 5,654,809. The stock has a market capitalization of $42.35 billion, a price-to-earnings ratio of 22.49, a PEG 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. The firm has a 50 day moving average of $87.01 and a two-hundred day moving average of $75.56. eBay Inc. has a 52 week low of $56.33 and a 52 week high of $101.15.

eBay (NASDAQ:EBAY - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The e-commerce company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.30 by $0.07. The business had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.64 billion. eBay had a net margin of 20.86% and a return on equity of 38.97%. The firm's revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.18 EPS. eBay has set its Q3 2025 guidance at 1.290-1.340 EPS. On average, research analysts anticipate that eBay Inc. will post 3.86 earnings per share for the current year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 29th will be paid a $0.29 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $1.16 annualized dividend and a yield of 1.3%. eBay's dividend payout ratio is presently 25.55%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on EBAY. Cfra Research upgraded shares of eBay to a "moderate buy" rating in a research report on Thursday, June 5th. BMO Capital Markets upgraded shares of eBay from a "market perform" rating to an "outperform" rating and increased their price target for the stock from $70.00 to $102.00 in a research report on Thursday, July 31st. Argus reiterated a "hold" rating on shares of eBay in a research report on Thursday, August 14th. Deutsche Bank Aktiengesellschaft increased their price target on shares of eBay from $75.00 to $90.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Finally, Cowen reiterated a "hold" rating on shares of eBay in a research report on Tuesday, July 22nd. One investment 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $78.89.

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.